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Melrose 02176 Melrose East Side
18 Brookledge Road
$398,500
● House - Off Market

18 Brookledge Road

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,362 Ft²
$818,698
RealtyHop Estimate
104.73%
Since Sep 1, 2003
MA-Boston
Primary Model

About This Property

SPACIOUS SOUGHT AFTER 4 BR COLONIAL IN CONVENIENT LOCATION. 1ST FLR FAMILY ROOM AND MB ADDITION 15 YEARS OLD, HARDWOOD FLOORS UNDER CARPETS EXCEPT MB, SLIDERS OFF FR TO WRAP AROUND DECK OVERLOOKING NICE USABLE YARD,3 SEASON PORCH.
Unit Size
2,362 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$169
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1925

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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 #30723295)

Price History

Date / Event Date Event Price
Aug 21, 2003 Sold
Premium
Sold
May 16, 2003 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $399,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,914
  • Gross Building Area: 3,236
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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:0F8 P:0000120
  • Municipality: MELROSE
  • Latitude: 42.4582
  • Longitude: -71.0501

    Address

  • Full Address: 18 Brookledge Rd
  • Address - House Number: 18
  • Address - Street Name: Brookledge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • 4-Digit Zip Code: 4104
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,800

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 856,356
  • High Value: 1,005,127
  • Low Value: 707,585

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,900
  • Assessed Land Value: $428,700
  • Assessed Improvements Value: $304,200

    Sales

  • Current Sale Recording Date: Aug 21, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1288796
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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30723295

Frequently Asked Questions

When was property at 18 Brookledge Road built and last sold?
The property at 18 Brookledge Road was built in 1925 and last sold on Jan 1, 1970 for $398,500.
How much is this home worth?
The estimated value of the home located at 18 Brookledge Road is $0.
What are some comparable homes to 18 Brookledge Road?
There are currently no comparable homes to 18 Brookledge Road.
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