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Melrose 02176 Mount Hood
18 Hillside Park
$605,000
● House - Off Market

18 Hillside Park

Melrose, MA 02176
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 Ft²
$572,573
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Looking for a hidden gem!  ! Nature lovers will love this area.  Garden filled with perennials and healthy shade trees. Large front porch, large living room/dining room with cathedral ceiling, attic finished and used as 2nd bedroom (not included in square footage. Roof approx 2015.  Rear yard includes, large shed, covered deck and patio. Adapt existing home to fit your dreams! Near a neighborhood with multi million dollar homes. Attached paperwork, city document referencing sewer in street.  Open House Sunday 6/26 10:30-12.
Unit Size
700 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$783
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #72998138)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed by Residential Realty Group $548,000
Listed by Residential Realty Group
May 14, 2010 Sold
Premium
Sold
Mar 22, 2010 Listed by Residential Realty Group $229,900
Listed by Residential Realty Group
Apr 29, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,545
  • Total Building Area: 700
  • Gross Building Area: 1,702
  • Building Area: 700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 3995B
  • Land Acres: 0000000288
  • 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: SRA

Geography

  • Parcel: MELR M:0G3 P:0000032
  • Municipality: MELROSE
  • Latitude: 42.4443
  • Longitude: -71.0447

    Address

  • Full Address: 18 Hillside Park
  • Address - House Number: 18
  • Address - Street Name: Hillside
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Melrose
  • Carrier Code: C025
  • 4-Digit Zip Code: 6402
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,300

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 570,803
  • High Value: 658,397
  • Low Value: 483,209

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,800
  • Assessed Land Value: $339,500
  • Assessed Improvements Value: $155,300

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1921211
  • Previous Sale Recording Date: May 14, 2010
  • Previous Sale Amount: $251,000
  • Previous Sale Document Type: 48
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 Mount Hood

Stats & Trends

Median Asking:

$997,500

Sale Price/ft²

$442

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2104 ft²

Average Home Age

107 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72998138

Frequently Asked Questions

When was property at 18 Hillside Park built and last sold?
The property at 18 Hillside Park was built in 1930 and last sold on Aug 17, 2022 for $605,000.
How much is this home worth?
The estimated value of the home located at 18 Hillside Park is $543,947.
What are some comparable homes to 18 Hillside Park?
There are currently no comparable homes to 18 Hillside Park.
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