For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Melrose 02176 Melrose East Side
39 School St
$436,780
● House - Off Market

39 School St

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,764 Ft²
$900,005
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

This Dutch Colonial is located in the desirable East Side on a pretty side street. Front to back living room highlighted by handsome fireplace w/attached den. DR features china cabinet & bow window. Spacious kitchen & FM flows nicely & great for entertaining your guests w/vaulted ceiling, windows overlooking the nicely landscaped backyard & in-ground pool. 2nd floor has 3 bedrooms and a full bath.  Hardwood floors, new heating & roof, heated basement 3/4 bath. 2 car detached garage w/sunroom.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$252
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1927

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #71394601)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Century 21 Sexton & Donohue $899,900
Listed by Century 21 Sexton & Donohue
Jul 31, 2012 Sold
Premium
Sold
Jun 8, 2012 Listed by Century 21 Sexton & Donohue $444,900
Listed by Century 21 Sexton & Donohue

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 786
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,764
  • Gross Building Area: 2,880
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 336202

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0F9 P:0000029
  • Municipality: MELROSE
  • Latitude: 42.46
  • Longitude: -71.0521

    Address

  • Full Address: 39 School St
  • Address - House Number: 39
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C026
  • 4-Digit Zip Code: 3320
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $964,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,099,573
  • High Value: 1,292,253
  • Low Value: 906,893

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $970,900
  • Assessed Land Value: $527,400
  • Assessed Improvements Value: $443,500

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1889029
  • Previous Sale Recording Date: Jul 31, 2012
  • Previous Sale Amount: $436,780
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$453

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2066 ft²

Average Home Age

90.1 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 71394601

Frequently Asked Questions

When was property at 39 School Street built and last sold?
The property at 39 School Street was built in 1927 and last sold on Jul 30, 2021 for $1,075,000.
How much is this home worth?
The estimated value of the home located at 39 School Street is $897,367.
What are some comparable homes to 39 School Street?
There are currently no comparable homes to 39 School Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Melrose Homes for Sale
Melrose Houses for Sale
Melrose Condos for Sale
Melrose Co-Ops for Sale
Melrose Multifamily for Sale
Melrose Land for Sale
Melrose Commercial for Sale
Melrose Homes with Basements
Nearby Cities
Medford Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Wakefield Homes for Sale
Saugus Homes for Sale
Everett Homes for Sale
Stoneham Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Plymouth County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Glendale Real Estate
Winchester Town Center Real Estate
Glenwood Real Estate
South Medford Real Estate
Cliftondale Real Estate
West Medford Real Estate
Nearby Counties
Medford Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Wakefield Homes for Sale
Saugus Homes for Sale
Everett Homes for Sale
Stoneham Homes for Sale
Top Real Estate Agents
Top Agents in Melrose East Side
Top Agents in Melrose
Top Agents in 02155
Top Agents in Medford
Top Agents in Medford
Top Agents in 02148
Top Agents in Malden
Top Agents in Malden