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Melrose 02176 Horace Mann
28 Carlida Rd
$471,800
● House - Off Market

28 Carlida Rd

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,875 Ft²
$704,483
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Have you been waiting for a ranch situated on a nice tree lined street in the best zipcode in the country~well, here it is!  This "sweet" 3 bedroom ranch could just use your decorating ideas! Pretty sunlit fireplace living room with bow window opens to dining area with built in hutch.  Cabinet packed kitchen could use an uplift as well as the bath.  Hardwood floors throughout. Spacious 3 season room with lots of windows & 2 double closets that could easily be converted to a 4 season ~ just add heat.  Lot's of storage space in partially finished basement.  Newer Weil-Mclean furnace, roof, and solar panels for ENERGY EFFICIENCY!  Newer fence lines the private flat backyard! Move in condition ~ just needs some updates! Detached garage!  Such a charmer!!
Unit Size
1,875 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$227
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72052348)

Price History

Date / Event Date Event Price
Oct 6, 2016 Sold
Premium
Sold
Aug 12, 2016 Listed by RE/MAX Leading Edge $425,000
Listed by RE/MAX Leading Edge
Aug 29, 2012 Sold
Premium
Sold
Jul 11, 2012 Listed by RE/MAX Leading Edge $359,900
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,172
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,124
  • Total Building Area: 1,875
  • Gross Building Area: 2,616
  • Building Area: 1,875
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,875
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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:F12 P:0000057
  • Municipality: MELROSE
  • Latitude: 42.4694
  • Longitude: -71.0522

    Address

  • Full Address: 28 Carlida Rd
  • Address - House Number: 28
  • Address - Street Name: Carlida
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C004
  • 4-Digit Zip Code: 2002
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $634,100

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 807,767
  • High Value: 948,234
  • Low Value: 667,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,600
  • Assessed Land Value: $474,900
  • Assessed Improvements Value: $163,700

    Sales

  • Current Sale Recording Date: Oct 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 178293
  • Previous Sale Recording Date: Aug 29, 2012
  • Previous Sale Amount: $351,000
  • Previous Sale Document Type: O
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 Horace Mann

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$477

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2736 ft²

Average Home Age

-

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72052348

Frequently Asked Questions

When was property at 28 Carlida Road built and last sold?
The property at 28 Carlida Road was built in 1955 and last sold on Jan 1, 1970 for $471,800.
How much is this home worth?
The estimated value of the home located at 28 Carlida Road is $454,013.
What are some comparable homes to 28 Carlida Road?
There are currently no comparable homes to 28 Carlida Road.
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