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Melrose 02176 Horace Mann
37 Arlington Road
$425,000
● House - Off Market

37 Arlington Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,418 Ft²
$765,306
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

Lovely updated home features newer appliances incl. refrig. & ceil.fan in kit. Beaut. HW floors. 2nd fl.bath is updated,marble floor. Blt.-in china cab., chairrail in Din.Rm. Modern paneled fam. room in LL.Delightful screened porch facing wooded area.  Lawn-sprinkler system & 2nd water meter.  New roof, stripped; ice shield installed. New boiler. On end of quiet street, affording a large open area for extra pkg. & privacy. Horace Mann recently cited as a top-rated school.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$300
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70371838)

Price History

Date / Event Date Event Price
Jun 26, 2006 Sold
Premium
Sold
Apr 19, 2006 Listed by Century 21 Sexton & Donohue $425,000
Listed by Century 21 Sexton & Donohue
May 27, 1994 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • 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: 660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,584
  • Total Building Area: 1,418
  • Gross Building Area: 2,415
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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: URA

Geography

  • Parcel: MELR M:E14 P:0000135
  • Municipality: MELROSE
  • Latitude: 42.4731
  • Longitude: -71.0546

    Address

  • Full Address: 37 Arlington Rd
  • Address - House Number: 37
  • Address - Street Name: Arlington
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C004
  • 4-Digit Zip Code: 1403
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $759,800

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 851,258
  • High Value: 999,288
  • Low Value: 703,228

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,200
  • Assessed Land Value: $462,000
  • Assessed Improvements Value: $303,200

    Sales

  • Current Sale Recording Date: Jun 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00118714
  • Previous Sale Recording Date: May 27, 1994
  • Previous Sale Amount: $189,000
  • 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 Horace Mann

Stats & Trends

Median Asking:

$897,000

Sale Price/ft²

$473

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2051 ft²

Average Home Age

67.4 years

Currently For Sale

7 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: 6 months ago
Data Source: MLS PIN, MLS# 70371838

Frequently Asked Questions

When was property at 37 Arlington Road built and last sold?
The property at 37 Arlington Road was built in 1947 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 37 Arlington Road is $443,824.
What are some comparable homes to 37 Arlington Road?
There are currently no comparable homes to 37 Arlington Road.
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