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Melrose 02176 Melrose East Side
17 Berkeley
$405,000
● House - Off Market

17 Berkeley

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,080 Ft²
$560,982
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

Affordable & Sweet describe this 3 bedroom 1.5  bath antique style home. Come view this great starter home in the Hot Sizzling town of Melrose.   Hard wood floors, formal dining are awaiting your finishing touches.   For showings: mask and gloves must be worn per Covid-19 guidelines. Please buyers & buyers agents only on showings,   Max people & 15 minutes for scheduled times.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$424
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #72766553)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
May 4, 2021 Listed by William Raveis R.E. & Home Services $599,000
Listed by William Raveis R.E. & Home Services
Feb 5, 2021 Sold
Premium
Sold
Dec 12, 2020 Listed by William Raveis R.E. & Home Services $457,757
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,204
  • Total Building Area: 1,178
  • Gross Building Area: 2,396
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000051
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Melrose School District
  • School Tax School District: MELROSE SD
  • Census Tract: 336300

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0E5 P:0000020
  • Municipality: MELROSE
  • Latitude: 42.4492
  • Longitude: -71.0567

    Address

  • Full Address: 17 Berkeley St
  • Address - House Number: 17
  • Address - Street Name: Berkeley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C018
  • 4-Digit Zip Code: 5503
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 684,630
  • High Value: 789,691
  • Low Value: 579,568

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $569,500
  • Assessed Land Value: $239,200
  • Assessed Improvements Value: $330,300

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 142226
  • Previous Sale Recording Date: Feb 05, 2021
  • Previous Sale Contract Date: Feb 01, 2021
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Melrose East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2223 ft²

Average Home Age

100.7 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72766553

Frequently Asked Questions

When was property at 17 Berkeley Street built and last sold?
The property at 17 Berkeley Street was built in 1935 and last sold on Jun 23, 2021 for $599,000.
How much is this home worth?
The estimated value of the home located at 17 Berkeley Street is $0.
What are some comparable homes to 17 Berkeley Street?
There are currently no comparable homes to 17 Berkeley Street.
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