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Melrose 02176 Melrose East Side
21 Orchard Ln
Photo of 21 Orchard Ln
Sold on Jun 12, 2009

1

Map

$536,500
● House - Off Market

21 Orchard Ln

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$1,087,677
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

Gorgeous Country Club Colonial has been lovingly maintained & tastefully updated. Warm colors & bright light throughout. Gleaming HW flrs, maple & granite EIK w/new SS appliances. Huge living room w/fireplace & wonderful details. Picture yourself relaxing in sun drenched bonus room featuring cathedral ceiling & skylight. Three generous bedrooms, two with walk-in closets.  Finished basement, also w/fireplace, provides extra living space.  Beautifully landscaped yard rounds out this perfect home.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$309
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1941

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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: 6 months ago (MLSPIN #70902332)

Price History

Date / Event Date Event Price
Aug 19, 2016 Sold
Premium
Sold
Jun 12, 2009 Sold
Premium
Sold
Apr 14, 2009 Listed $525,000
Listed
Sep 14, 1998 Sold
Premium
Sold
Feb 15, 1998 Listed by Barrett, Chris. J., REALTORS® $315,000
Listed by Barrett, Chris. J., REALTORS®
METICULOUSLY CARED FOR GAR COL IN PRIME EAST SIDE LOC, SURROUNDED BY BEAUT HOMES. FEATS FRONT TO BACK LR; FORMAL DR LOVELY EIK W/NEWER APPLIANCES AND A COZY 1ST FLR FLORIDA RM. 2ND FLR HAS 3 LRG BDRS. SALE CONTING SELLER FIND SUIT HOUSNG

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 759
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 1,855
  • Gross Building Area: 3,549
  • Building Area: 1,855
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,855
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: SRB

Geography

  • Parcel: MELR M:G10 P:0000026
  • Municipality: MELROSE
  • Latitude: 42.4639
  • Longitude: -71.0458

    Address

  • Full Address: 21 Orchard Ln
  • Address - House Number: 21
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Melrose
  • Carrier Code: C009
  • 4-Digit Zip Code: 2915
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $976,300

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,096,817
  • High Value: 1,289,014
  • Low Value: 904,620

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $983,200
  • Assessed Land Value: $516,700
  • Assessed Improvements Value: $466,500

    Sales

  • Current Sale Recording Date: Aug 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144184
  • Previous Sale Recording Date: Jun 12, 2009
  • Previous Sale Amount: $536,500
  • 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 Melrose East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2107 ft²

Average Home Age

87 years

Currently For Sale

6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70902332

Frequently Asked Questions

When was property at 21 Orchard Lane built and last sold?
The property at 21 Orchard Lane was built in 1941 and last sold on Jan 1, 1970 for $740,000.
How much is this home worth?
The estimated value of the home located at 21 Orchard Lane is $549,118.
What are some comparable homes to 21 Orchard Lane?
There are currently no comparable homes to 21 Orchard Lane.
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