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Melrose 02176 Mount Hood
244 Beech Ave
Photo of 244 Beech Ave

22

Map

Photo of 244 Beech Ave
Photo of 244 Beech Ave
$699,900
● House - In Contract

244 Beech Ave

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$3,956
Est. Monthly

About This Property

Welcome to 244 Beech Ave, nestled in Melrose's desirable Mount Hood neighborhood! This charming 4-bedroom, 1-bath home offers 1,344 square feet of comfortable living space, a freshly painted interior, and a wonderful opportunity to create a home that reflects your own style. Two driveways provide plenty of off-street parking, while the convenient location offers easy access to major highways and the nearby MBTA makes traveling into Boston an absolute breeze.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$521
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1950

Listed By

Anne Garcia
Redfin Corp.

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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: 22 days ago (MLSPIN #73568539)

Price History

Date / Event Date Event Price
Sep 11, 2026 In contract -
In contract
Sep 9, 2026 Price Decreased $699,900
↓ $20K (2.8%)
Price Decreased
Aug 26, 2026 Listed by Redfin Corp. $720,000
Listed by Redfin Corp.

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Open Parking Spaces: 5
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Oven
Flooring Type: Vinyl, Hardwood
Laundry Features: In Basement
Rooms: 7
Basement: Partially Finished, Interior Entry
Exterior Details
Square Footage: 1344
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1950
Building Area Total: 1344
Building Area Units: Square Feet
Construction Materials: Frame
Lot Features: Level
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6469
Water Source: Public
Financial Details
Tax Assessed Value: $628,400
Tax Annual Amount: $6,221
Utilities Details
Cooling Type: None
Heating Type: Steam, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 4
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,469
  • Total Building Area: 1,344
  • Gross Building Area: 2,112
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:0F6 P:0000151
  • Municipality: MELROSE
  • Latitude: 42.453
  • Longitude: -71.0484

    Address

  • Full Address: 244 Beech Ave
  • Address - House Number: 244
  • Address - Street Name: Beech
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C025
  • 4-Digit Zip Code: 5004
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $604,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 730,942
  • High Value: 849,790
  • Low Value: 612,094

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,600
  • Assessed Land Value: $452,800
  • Assessed Improvements Value: $155,800
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 Mount Hood

Stats & Trends

Median Asking:

$1,000,000

Sale Price/ft²

$443

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2104 ft²

Average Home Age

107 years

Currently For Sale

2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 22 days ago
Data Source: MLS PIN, MLS# 73568539

Frequently Asked Questions

When was property at 244 Beech Avenue built and last sold?
The property at 244 Beech Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 244 Beech Avenue is $698,826.
What are some comparable homes to 244 Beech Avenue?
There are currently no comparable homes to 244 Beech Avenue.
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