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Melrose 02176 Horace Mann
4 Conrad Road
$589,900
● House - Off Market

4 Conrad Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,373 Ft²
$877,382
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Classic Keniston built Horace Mann area CE Colonial. Filled with original fine details including a gorgeous FPLR mantle with fluted, flush pillars flanked by built-in cabinetry, crown and picture frame moulding, chair rails, six panel doors,recessed radiators, original door hardware and rich oak flooring. Front to back FPLR, formal DR with china closet and direct access to a wonderful breezeway. Super cozy lower level FPFR for winter nights!! Rear patio with original fieldstone fireplace. Additional features include front yard irrigation (two meters), 100 ACB, roof stripped 2012 and attached garage. Wonderful neighborhood!!!
Unit Size
1,373 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$430
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1938

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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: 4 months ago (MLSPIN #72389303)

Price History

Date / Event Date Event Price
Nov 28, 2018 Sold
Premium
Sold
Sep 5, 2018 Listed by Century 21 Sexton & Donohue $589,900
Listed by Century 21 Sexton & Donohue
Jul 25, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • 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: 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,136
  • Total Building Area: 1,373
  • Gross Building Area: 3,186
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND KENISTON BLDG TRUST
  • Land Acres: 0000000118
  • 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:E13 P:0000121
  • Municipality: MELROSE
  • Latitude: 42.4715
  • Longitude: -71.0558

    Address

  • Full Address: 4 Conrad Rd
  • Address - House Number: 4
  • Address - Street Name: Conrad
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C004
  • 4-Digit Zip Code: 1502
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $805,500

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 862,043
  • High Value: 1,011,802
  • Low Value: 712,284

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,200
  • Assessed Land Value: $500,200
  • Assessed Improvements Value: $311,000

    Sales

  • Current Sale Recording Date: Nov 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181421
  • Previous Sale Recording Date: Jul 25, 1986
  • Previous Sale Amount: $216,000
  • 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:

$899,000

Sale Price/ft²

$477

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2945 ft²

Average Home Age

-

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: 4 months ago
Data Source: MLS PIN, MLS# 72389303

Frequently Asked Questions

When was property at 4 Conrad Road built and last sold?
The property at 4 Conrad Road was built in 1938 and last sold on Jan 1, 1970 for $589,900.
How much is this home worth?
The estimated value of the home located at 4 Conrad Road is $600,527.
What are some comparable homes to 4 Conrad Road?
There are currently no comparable homes to 4 Conrad Road.
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