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Waltham 02451 North Waltham
37 Melody Lane
Photo of 37 Melody Lane
Sold on Nov 8, 2006

1

Map

$777,000
● House - Off Market

37 Melody Lane

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,158 Ft²
$1,560,052
RealtyHop Estimate
87.98%
Since Dec 1, 2006
MA-Boston
Primary Model

About This Property

Over 4,000 square feet of living area on the  Lincoln line, custom built home, Exceptional Center Entrance Colonial. 2 story foyer, large rooms, open feeling. First floor family room w/cathedral ceiling & skylights. Master suite with jacuzzi & separate shower. Huge finished basement. Beautifully landscaped 1/2 acre + lot w/2 car garage. Send your child to a top 10 elementary school per Boston Magazine!!!
Unit Size
4,158 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$200
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1992

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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: 5 months ago (MLSPIN #70381307)

Price History

Date / Event Date Event Price
Mar 4, 2016 Sold
Premium
Sold
Nov 8, 2006 Sold
Premium
Sold
May 3, 2006 Listed $829,900
Listed
Jul 15, 2004 Sold
Premium
Sold
Mar 26, 2004 Listed by Martocchia REALTORS® $749,900
Listed by Martocchia REALTORS®
Lincoln line, builders own, Exceptional Center Entrance Colonial. 2 story foyer, large rooms, open feeling. First floor family room w/cathedral ceiling & skylights. Master suite with jacuzzi & separate shower. Huge finished basement. Beautiful landscape. See it now!

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,750
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,718
  • Total Building Area: 4,092
  • Gross Building Area: 5,431
  • Building Area: 4,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000544
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368102

Geography

  • Account Number: 187130
  • Parcel: WALT M:005 B:008 L:019B
  • Block: 8
  • Lot: 19B
  • Municipality: WALTHAM
  • Latitude: 42.4159
  • Longitude: -71.2646

    Address

  • Full Address: 37 Melody Ln
  • Address - House Number: 37
  • Address - Street Name: Melody
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Waltham
  • Carrier Code: C032
  • 4-Digit Zip Code: 1327
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,142,800

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,383,878
  • High Value: 1,599,041
  • Low Value: 1,168,716

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,185,500
  • Assessed Land Value: $505,900
  • Assessed Improvements Value: $679,600

    Sales

  • Current Sale Recording Date: Mar 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34702
  • Previous Sale Recording Date: Nov 08, 2006
  • Previous Sale Amount: $777,000
  • 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 North Waltham

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$484

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2686 ft²

Average Home Age

46.6 years

Currently For Sale

18 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70381307

Frequently Asked Questions

When was property at 37 Melody Lane built and last sold?
The property at 37 Melody Lane was built in 1992 and last sold on Jan 1, 1970 for $870,000.
How much is this home worth?
The estimated value of the home located at 37 Melody Lane is $900,196.
What are some comparable homes to 37 Melody Lane?
There are currently no comparable homes to 37 Melody Lane.
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