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Melrose 02176 Wyoming
24 Crest Ave
$805,000
● House - Off Market

24 Crest Ave

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,786 Ft²
$959,018
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Spacious single family in GREAT Melrose neighborhood. Vintage charm and architectural details make this a MUST SEE. French doors throughout allowing sunlight to flow through every room and giving you that warm home feeling just in time for fall. Oversize kitchen w/ ample counter space as well as a beautiful dining room with built in china cabinets and an updated 3/4 bath. Flexible floor plan with living room and sunroom/office space with tons of natural light. The second floor shows three comfortably sized bedrooms and a full bath. Finished basement with tons of potential just waiting your personal touches for a bonus space or in-law suite. Easy commute into the city with access to T station and 93. Commuter Open House Thur. 10/1 4pm-6pm, Saturday 12pm-3pm and Sunday 3pm-5pm.
Unit Size
2,786 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$269
Property Type
House
Property Taxes
$639
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 years ago (MLSPIN #72733720)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Sep 28, 2020 Listed by Coldwell Banker Realty - Newton $749,900
Listed by Coldwell Banker Realty - Newton
Jun 19, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 5
  • 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: 873
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,702
  • Total Building Area: 2,786
  • Gross Building Area: 3,670
  • Building Area: 2,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,786
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000131
  • 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:0000144
  • Municipality: MELROSE
  • Latitude: 42.4538
  • Longitude: -71.0785

    Address

  • Full Address: 24 Crest Ave
  • Address - House Number: 24
  • 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: $873,000

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,062,288
  • High Value: 1,248,434
  • Low Value: 876,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $879,200
  • Assessed Land Value: $462,600
  • Assessed Improvements Value: $416,600

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 214104
  • Previous Sale Recording Date: Jun 19, 1992
  • Previous Sale Amount: $202,000
  • 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

1575 ft²

Average Home Age

101.3 years

Currently For Sale

9 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 years ago
Data Source: MLS PIN, MLS# 72733720

Frequently Asked Questions

When was property at 24 Crest Avenue built and last sold?
The property at 24 Crest Avenue was built in 1930 and last sold on Nov 12, 2020 for $805,000.
How much is this home worth?
The estimated value of the home located at 24 Crest Avenue is $0.
What are some comparable homes to 24 Crest Avenue?
There are currently no comparable homes to 24 Crest Avenue.
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