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Melrose 02176 Melrose Highlands
27 Pratt Street
Photo of 27 Pratt Street
Sold on Dec 18, 2025

42

Map

Photo of 27 Pratt Street
Photo of 27 Pratt Street
$800,000
● House - Off Market

27 Pratt Street

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,169 Ft²
$4,212
Est. Monthly

About This Property

Lovely, well maintained 3 bedroom, 1 ½ half bath New England colonial in beautiful Melrose Highlands area. Large, sun filled front to back fireplaced living room/dining room with hardwood floors.  Nice kitchen with lots of cabinet space. Spacious bedrooms feature hardwoods floors and offer ample closet space.  Enjoy the beautiful, level private backyard with mature plantings.  The carriage style garage offers extra storage with a walk up loft area. Fantastic location on a quiet street but close to vibrant downtown Melrose, commuter rail, restaurants and schools. Close proximity to highways makes for easy access to Boston.
Unit Size
1,169 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$632
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1900

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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: 11 months ago (MLSPIN #73452082)

Price History

Date / Event Date Event Price
Dec 18, 2025 Sold
Premium
Sold
Nov 11, 2025 In contract -
In contract
Nov 6, 2025 Listed by C. Brendan Noonan & Co. $739,000
Listed by C. Brendan Noonan & Co.
May 31, 2002 Sold
Premium
Sold
Apr 30, 1999 Sold
Premium
Sold
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 668
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,169
  • Gross Building Area: 2,124
  • Building Area: 1,169
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,169
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 336100

Zoning

  • Zoning: URB

Geography

  • Parcel: MELR M:D12 P:0000004
  • Municipality: MELROSE
  • Latitude: 42.4685
  • Longitude: -71.0633

    Address

  • Full Address: 27 Pratt St
  • Address - House Number: 27
  • Address - Street Name: Pratt
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C035
  • 4-Digit Zip Code: 1929
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $683,700

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 751,770
  • High Value: 882,371
  • Low Value: 621,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $688,500
  • Assessed Land Value: $445,500
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Recording Date: May 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1170
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Amount: $219,900
  • 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 Highlands

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2551 ft²

Average Home Age

96.6 years

Currently For Sale

8 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: 11 months ago
Data Source: MLS PIN, MLS# 73452082

Frequently Asked Questions

When was property at 27 Pratt Street built and last sold?
The property at 27 Pratt Street was built in 1900 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 27 Pratt Street is $732,811.
What are some comparable homes to 27 Pratt Street?
There are currently no comparable homes to 27 Pratt Street.
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