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Melrose 02176 Horace Mann
191 Baystate Road
$805,000
● House - Off Market

191 Baystate Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,959 Ft²
$1,095,293
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

The home you have been waiting for! This house checks all the boxes! Lots of room and tons of privacy. Custom built Cape in 2005. A fantastic open floor plan, tons of light and gleaming hardwood floors. Stone fireplace living room, open kitchen, and sliders to a brand new composite deck. Mud room, 3 full baths, 1st floor laundry & den. Two great size bedrooms, a beautiful master suite with walk in closet, master bath, and office!! The lower level is perfect for the extended family or for the kids!! Amazing family room with a wood burning stove, a game room, a bonus room (now set up as a bedroom) and a full walk out to the AMAZING private yard!! This home is a must see! Come to the open houses or schedule a private showing! You will not be disappointed.
Unit Size
2,959 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$250
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
2005

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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 months ago (MLSPIN #72340455)

Price History

Date / Event Date Event Price
Aug 15, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Century 21 Sexton & Donohue $739,900
Listed by Century 21 Sexton & Donohue
Dec 1, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,032
  • Total Building Area: 1,989
  • Gross Building Area: 3,516
  • Building Area: 1,989
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,989
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 25665C
  • Land Acres: 0000000184
  • 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: 336201

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:E14 P:0000061
  • Municipality: MELROSE
  • Latitude: 42.4745
  • Longitude: -71.0534

    Address

  • Full Address: 191 Bay State Rd
  • Address - House Number: 191
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C022
  • 4-Digit Zip Code: 1405
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $911,800

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,069,186
  • High Value: 1,255,610
  • Low Value: 882,763

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $918,200
  • Assessed Land Value: $404,700
  • Assessed Improvements Value: $513,500

    Sales

  • Current Sale Recording Date: Aug 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1794997
  • Previous Sale Recording Date: Dec 01, 2004
  • Previous Sale Amount: $150,000
  • 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 Horace Mann

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$477

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2945 ft²

Average Home Age

-

Currently For Sale

7 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# 72340455

Frequently Asked Questions

When was property at 191 Bay State Road built and last sold?
The property at 191 Bay State Road was built in 2005 and last sold on Jan 1, 1970 for $805,000.
How much is this home worth?
The estimated value of the home located at 191 Bay State Road is $787,149.
What are some comparable homes to 191 Bay State Road?
There are currently no comparable homes to 191 Bay State Road.
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