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Melrose 02176 Melrose Highlands
2 Orris Place
Photo of 2 Orris Place

21

Map

Photo of 2 Orris Place
Photo of 2 Orris Place
$799,900
● House - In Contract

2 Orris Place

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,209 Ft²
$4,744
Est. Monthly

About This Property

Melrose Highlands colonial home with wrap around front porch to sit on and watch the world go by.  This fairly large home is old style and awaits your creativity to make it your style.  First floor is LR, DR, KIT, 1/4 BATH, PANTRY, front and back stairs.  Second floor has three bedrooms and full bath.  Third floor has three rooms one of which is heated.  Back third floor room was once a kitchen and still has sink with running water.  Steam boiler installed in 2006.  Buderus wall hot water heater installed in 2008.Roof 2011.  Gutters 2017.  Extensive electrical work was done in 1972 when seller bought the house and again in 2010.
Unit Size
2,209 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$362
Property Type
House
Property Taxes
$816
HOA Dues
-
Year Built
1900

Listed By

Paul Coogan
Brad Hutchinson Real Estate

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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: 3 months ago (MLSPIN #73543388)

Price History

Date / Event Date Event Price
Jul 13, 2026 In contract -
In contract
Jun 30, 2026 Listed by Brad Hutchinson Real Estate $799,900
Listed by Brad Hutchinson Real Estate
Apr 5, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Bonus Room, Walk-up Attic
Appliances: Gas Water Heater, Range, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Laundry Features: Gas Dryer Hookup, Washer Hookup
Rooms: 9
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 2209
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 2209
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Corner Lot
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5279
Water Source: Public
Financial Details
Tax Assessed Value: $854,000
Tax Annual Amount: $9,795
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Steam, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 984
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,279
  • Total Building Area: 2,209
  • Gross Building Area: 4,260
  • Building Area: 2,209
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,209
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 336100

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:A12 P:0000068
  • Municipality: MELROSE
  • Latitude: 42.467
  • Longitude: -71.0775

    Address

  • Full Address: 2 Orris Pl
  • Address - House Number: 2
  • Address - Street Name: Orris
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Melrose
  • Carrier Code: C008
  • 4-Digit Zip Code: 2107
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $787,400

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 925,908
  • High Value: 1,076,456
  • Low Value: 775,359

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $793,000
  • Assessed Land Value: $460,400
  • Assessed Improvements Value: $332,600

    Sales

  • Current Sale Recording Date: Apr 05, 1989
  • Current Sale Price:
    Premium
  • Current 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 Highlands

Stats & Trends

Median Asking:

$739,450

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3139 ft²

Average Home Age

85.6 years

Currently For Sale

5 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73543388

Frequently Asked Questions

When was property at 2 Orris Place built and last sold?
The property at 2 Orris Place was built in 1900 and last sold on Jan 1, 1970 for $95,000.
How much is this home worth?
The estimated value of the home located at 2 Orris Place is $812,030.
What are some comparable homes to 2 Orris Place?
There are currently no comparable homes to 2 Orris Place.
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