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Melrose 02176 Wyoming
20 Crest Ave
$1,050,000
● House - Off Market

20 Crest Ave

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,242 Ft²
$911,037
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

HIDDEN GEM in desirable Melrose quiet neighborhood – a MUST SEE. Spacious 9 room, 4 bed, 1-1/2 bath Dutch Colonial with natural sunlight at every turn. Lower level features a spacious living room with connected sunroom, dining room, large renovated eat in kitchen and half bath. Second floor boasts 4 large bedrooms and full bath – with attic storage and possible expansion space. Large partially finished basement offers extra finished bonus room to make your own. washer/dryer, ample storage, Lovely Fully fenced in back yard with patio & 1 car full garage. Convenient T Station and highway access is just another bonus. Melrose has so much to offer!
Unit Size
2,242 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$401
Property Type
House
Property Taxes
$640
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: 5 months ago (MLSPIN #72962850)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by The Procopio Companies $899,000
Listed by The Procopio Companies
Jun 30, 1998 Sold
Premium
Sold
Aug 10, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 948
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 2,582
  • Gross Building Area: 2,878
  • Building Area: 2,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,582
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 336402

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0A7 P:0000145
  • Municipality: MELROSE
  • Latitude: 42.4538
  • Longitude: -71.0783

    Address

  • Full Address: 20 Crest Ave
  • Address - House Number: 20
  • Address - Street Name: Crest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C040
  • 4-Digit Zip Code: 4335
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $872,100

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 989,076
  • High Value: 1,160,904
  • Low Value: 817,249

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $878,200
  • Assessed Land Value: $461,000
  • Assessed Improvements Value: $417,200

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77800
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $237,000
  • 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 Wyoming

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1480 ft²

Average Home Age

96.7 years

Currently For Sale

10 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
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: 5 months ago
Data Source: MLS PIN, MLS# 72962850

Frequently Asked Questions

When was property at 20 Crest Avenue built and last sold?
The property at 20 Crest Avenue was built in 1930 and last sold on May 24, 2022 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 20 Crest Avenue is $923,464.
What are some comparable homes to 20 Crest Avenue?
There are currently no comparable homes to 20 Crest Avenue.
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