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Melrose 02176 Oak Grove - Pine Banks
35 Lynde
$250,000
● House - Off Market

35 Lynde

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,143 Ft²
$540,973
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

This 3 bedroom diamond in the rough which features oversized rooms with charming built in china cabinets.  Gleaming hardwood floors and newer state of the art furnace. Screened in front porch with secluded back yard that could be turned into an oasis.  Free standing stone garage in back for extra storage.  This house is sold "as is" and needs some updating, bring your handyman and you can have your dream house in charming Melrose.
Unit Size
1,143 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$227
Property Type
House
Property Taxes
$315
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: 4 years ago (MLSPIN #71438145)

Price History

Date / Event Date Event Price
Nov 30, 2012 Sold
Premium
Sold
Sep 20, 2012 Listed by Compass $259,900
Listed by Compass

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 670
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,066
  • Total Building Area: 1,143
  • Gross Building Area: 2,084
  • Building Area: 1,143
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,143
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 336404

Zoning

  • Zoning: URC

Geography

  • Parcel: MELR M:0C6 P:0000117
  • Municipality: MELROSE
  • Latitude: 42.4525
  • Longitude: -71.0656

    Address

  • Full Address: 35 Lynde St
  • Address - House Number: 35
  • Address - Street Name: Lynde
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C029
  • 4-Digit Zip Code: 4607
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,000
  • Initial Tax Delinquent Year: 2006

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 651,215
  • High Value: 770,939
  • Low Value: 531,491

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,900
  • Assessed Land Value: $391,800
  • Assessed Improvements Value: $165,100

    Sales

  • Current Sale Recording Date: Nov 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000026
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 Oak Grove - Pine Banks

Stats & Trends

Median Asking:

$854,950

Sale Price/ft²

$435

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1966 ft²

Average Home Age

58.9 years

Currently For Sale

9 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
Unit for rent at 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71438145

Frequently Asked Questions

When was property at 35 Lynde Street built and last sold?
The property at 35 Lynde Street was built in 1900 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 35 Lynde Street is $0.
What are some comparable homes to 35 Lynde Street?
There are currently no comparable homes to 35 Lynde Street.
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