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Melrose 02176 Melrose East Side
31 Marmion Rd
Photo of 31 Marmion Rd
Sold on Dec 13, 2010

1

Map

$475,000
● House - Off Market

31 Marmion Rd

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,723 Ft²
$1,154,964
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model

About This Property

Desirable Bellevue Country Club neighborhood! This very well built Garrison Colonial home sits nicely on a generous 10,400sf lot. Features include a large fireplaced living room with hard wood floor that extends to a formal dining room with built-in china cabinet. Easy access directly out from the dining room to the charming screened porch that overlooks the back yard to relax after your meal.  Great first floor family room . Four comfortable bedrooms and 2 baths are located on the second floor.
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$319
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1933

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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 #71148313)

Price History

Date / Event Date Event Price
Dec 13, 2010 Sold
Premium
Sold
Oct 8, 2010 Listed by Century 21 Commonwealth $549,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,402
  • Total Building Area: 1,963
  • Gross Building Area: 4,267
  • Building Area: 1,963
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,963
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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:F10 P:0000007
  • Municipality: MELROSE
  • Latitude: 42.4632
  • Longitude: -71.053

    Address

  • Full Address: 31 Marmion Rd
  • Address - House Number: 31
  • Address - Street Name: Marmion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C024
  • 4-Digit Zip Code: 2907
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $849,500

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 998,752
  • High Value: 1,152,560
  • Low Value: 844,943

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $855,500
  • Assessed Land Value: $472,200
  • Assessed Improvements Value: $383,300

    Sales

  • Current Sale Recording Date: Dec 13, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01552498
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 East Side

Stats & Trends

Median Asking:

$949,950

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1893 ft²

Average Home Age

91.6 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

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Last Updated: 11 months ago
Data Source: MLS PIN, MLS# 71148313

Frequently Asked Questions

When was property at 31 Marmion Road built and last sold?
The property at 31 Marmion Road was built in 1933 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 31 Marmion Road is $0.
What are some comparable homes to 31 Marmion Road?
There are currently no comparable homes to 31 Marmion Road.
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