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Melrose 02176 Melrose East Side
21 13th Street
$540,000
● House - Off Market

21 13th Street

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$747,895
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Charming, versatile, east side bungalow.  This is not your typical bungalow.  The first floor features a spacious living room that opens to the dining room.  The kitchen is open to a den which could be used as part of the kitchen or as a cozy seating area.  The master bedroom with its adjoining bonus room makes for an expansive suite.  A full bath and laundry hookup complete the first floor.  There are 3 bedrooms and another full bath on the second floor.  Each bedroom has access from the hall.  However, there is a door separating two of the rooms, offering the possibility of a another bedroom suite.  The deck off of the kitchen/den looks over the level yard and provides an inviting place to relax.  Come see what this home has to offer!
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$269
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #72212165)

Price History

Date / Event Date Event Price
Sep 26, 2017 Sold
Premium
Sold
Aug 10, 2017 Listed by Brad Hutchinson Real Estate $479,900
Listed by Brad Hutchinson Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 980
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,782
  • Gross Building Area: 3,631
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: URA

Geography

  • Parcel: MELR M:0F8 P:092-92A
  • Municipality: MELROSE
  • Latitude: 42.4584
  • Longitude: -71.0489

    Address

  • Full Address: 21 13th St
  • Address - House Number: 21
  • Address - Street Name: 13th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • 4-Digit Zip Code: 4119
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,600

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 805,901
  • High Value: 945,907
  • Low Value: 665,896

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,300
  • Assessed Land Value: $423,600
  • Assessed Improvements Value: $243,700

    Sales

  • Current Sale Recording Date: Sep 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 155495

    Financing

  • First Mortgage Financing Type: UNK
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 East Side

Stats & Trends

Median Asking:

$949,950

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1893 ft²

Average Home Age

91.6 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72212165

Frequently Asked Questions

When was property at 21 13th Street built and last sold?
The property at 21 13th Street was built in 1920 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 21 13th Street is $506,837.
What are some comparable homes to 21 13th Street?
There are currently no comparable homes to 21 13th Street.
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