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Melrose 02176 Wyoming
29 Longfellow Road
$476,300
● House - Off Market

29 Longfellow Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$1,069,469
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

WONDERFUL LOCAION, GREAT STREET NEAR FELLS RESERVATION, BEAUTIFULLY MAINTAINED & UPDTD HOME W/PERIOD DETAIL GUMWOOD, VERY SPECIAL PROPERTY, NEW KIT W/GRANITE COUNTERS. DINING RM W/PICTURE WINDOW OVERLKG PERFECT LEVEL YARD. MUST SEE HURRY!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$320
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1930

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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 #30598066)

Price History

Date / Event Date Event Price
May 1, 2006 Sold
Premium
Sold
Jul 10, 2002 Sold
Premium
Sold
Apr 17, 2002 Listed by Coldwell Banker Residential Brokerage - Winchester $479,900
Listed by Coldwell Banker Residential Brokerage - Winchester

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 808
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,902
  • Total Building Area: 1,508
  • Gross Building Area: 3,144
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FELLS ACRES
  • Land Acres: 0000000135
  • 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:0000011
  • Municipality: MELROSE
  • Latitude: 42.454
  • Longitude: -71.0796

    Address

  • Full Address: 29 Longfellow Rd
  • Address - House Number: 29
  • Address - Street Name: Longfellow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C040
  • 4-Digit Zip Code: 4309
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $845,400

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 908,420
  • High Value: 1,066,236
  • Low Value: 750,605

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $851,400
  • Assessed Land Value: $463,600
  • Assessed Improvements Value: $387,800

    Sales

  • Current Sale Recording Date: May 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00077984
  • Previous Sale Recording Date: Jul 10, 2002
  • Previous Sale Amount: $476,300
  • 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:

$664,450

Sale Price/ft²

$495

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1432 ft²

Average Home Age

97.3 years

Currently For Sale

10 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: 4 months ago
Data Source: MLS PIN, MLS# 30598066

Frequently Asked Questions

When was property at 29 Longfellow Road built and last sold?
The property at 29 Longfellow Road was built in 1930 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 29 Longfellow Road is $498,862.
What are some comparable homes to 29 Longfellow Road?
There are currently no comparable homes to 29 Longfellow Road.
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