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Melrose 02176 Melrose East Side
173 Beech Ave
Photo of 173 Beech Ave
Sold on Aug 24, 2011

1

Map

$399,000
● House - Off Market

173 Beech Ave

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,102 Ft²
$829,251
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Beautiful hip-roof colonial with many updates. Exudes charm. Brand new heating system, central air, and second floor windows. Beautiful fenced in back yard with a large, brand new deck. Walking distance to elementary school in Melrose (Hoover). Large bedrooms. Fireplaced living room that opens into a sunny side room. Great natural light and 2 bonus rooms in basement that owners use as office and play room. Don\'t miss it!
Unit Size
2,102 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$190
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (MLSPIN #71257992)

Price History

Date / Event Date Event Price
Aug 24, 2011 Sold
Premium
Sold
Jul 7, 2011 Listed by Savemore Realty $399,900
Listed by Savemore Realty
Oct 3, 2006 Sold
Premium
Sold
Sep 8, 2006 Listed by Savemore Realty $439,000
Listed by Savemore Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,318
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 2,294
  • Gross Building Area: 3,668
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000151
  • 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:0F6 P:0000012
  • Municipality: MELROSE
  • Latitude: 42.4521
  • Longitude: -71.0524

    Address

  • Full Address: 173 Beech Ave
  • Address - House Number: 173
  • Address - Street Name: Beech
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C031
  • 4-Digit Zip Code: 4903
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $842,100

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 970,725
  • High Value: 1,128,561
  • Low Value: 812,889

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $848,000
  • Assessed Land Value: $467,200
  • Assessed Improvements Value: $380,800

    Sales

  • Current Sale Recording Date: Aug 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000014
  • Previous Sale Recording Date: Oct 03, 2006
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: 27
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: 2 months ago
Data Source: MLS PIN, MLS# 71257992

Frequently Asked Questions

When was property at 173 Beech Avenue built and last sold?
The property at 173 Beech Avenue was built in 1910 and last sold on Jan 1, 1970 for $399,900.
How much is this home worth?
The estimated value of the home located at 173 Beech Avenue is $437,706.
What are some comparable homes to 173 Beech Avenue?
There are currently no comparable homes to 173 Beech Avenue.
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