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Melrose 02176 Mount Hood
2 Maple Ter
Photo of 2 Maple Ter
Sold on Aug 20, 2008

1

Map

$339,500
● House - Off Market

2 Maple Ter

Melrose, MA 02176
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,237 Ft²
$684,132
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

Just unpack your bags, this colonial home has it all! Spacious Living Room opens to a formal Dining Room with fireplace (with wood insert). Updated eat in Kitchen with light cherry cabinets and recessed lighting leads to mudroom and bonus first floor laundry. Master bedroom with Cathedral Ceiling and additional bedroom complete the second floor. Lovely fenced in yard and detached garage. This home is a MUST SEE!
Unit Size
1,237 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$278
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1929

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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 #70723491)

Price History

Date / Event Date Event Price
Aug 20, 2008 Sold
Premium
Sold
Mar 7, 2008 Listed $344,000
Listed
Dec 6, 2004 Sold
Premium
Sold
Sep 14, 2004 Listed $359,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,366
  • Total Building Area: 1,252
  • Gross Building Area: 2,122
  • Building Area: 1,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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:0000010
  • Municipality: MELROSE
  • Latitude: 42.4443
  • Longitude: -71.0466

    Address

  • Full Address: 2 Maple Ter
  • Address - House Number: 2
  • Address - Street Name: Maple
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Melrose
  • Carrier Code: C025
  • 4-Digit Zip Code: 6406
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,500

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 713,210
  • High Value: 837,234
  • Low Value: 589,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,000
  • Assessed Land Value: $381,700
  • Assessed Improvements Value: $256,300

    Sales

  • Current Sale Recording Date: Aug 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00138372
  • Previous Sale Recording Date: Dec 06, 2004
  • Previous Sale Amount: $375,000
  • 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 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

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 months ago
Data Source: MLS PIN, MLS# 70723491

Frequently Asked Questions

When was property at 2 Maple Terrace built and last sold?
The property at 2 Maple Terrace was built in 1929 and last sold on Jan 1, 1970 for $339,500.
How much is this home worth?
The estimated value of the home located at 2 Maple Terrace is $348,902.
What are some comparable homes to 2 Maple Terrace?
There are currently no comparable homes to 2 Maple Terrace.
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