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Melrose 02176 Horace Mann
4 Starbird Street
$531,000
● House - Off Market

4 Starbird Street

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,112 Ft²
$796,465
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Tuesday at 4Pm is offer deadline.  POTTERY BARN STYLE home in the Horace Mann section of Melrose.  This is the one you have been waiting for!  Located on a quiet dead end street with a big yard and beautifully updated.  What more could you want?  Designer kitchen with granite, SS Appliances, open to dining room.  Hardwood floors throughout.   One and a half modern baths. Front to back living room with fireplace.  Large master bedroom with walk in closet.  Front to back finished lower level with additional bedroom or office for guests.  Large patio, deck  and shed in backyard.  This is a mint move in condition home in one of the MOST desirable towns in Massachusetts.  Within walking distance to the train, bus, Whole Foods and more!  Natural gas available on the street for conversion.  This will not last.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$236
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #72122556)

Price History

Date / Event Date Event Price
Apr 10, 2017 Sold
Premium
Sold
Feb 24, 2017 Listed by RE/MAX Leading Edge $499,000
Listed by RE/MAX Leading Edge
Jul 16, 2013 Sold
Premium
Sold
May 28, 2013 Listed by RE/MAX Leading Edge $369,900
Listed by RE/MAX Leading Edge
Oct 6, 1995 Sold
Premium
Sold
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,146
  • Total Building Area: 1,728
  • Gross Building Area: 2,596
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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:D14 P:0000060
  • Municipality: MELROSE
  • Latitude: 42.4731
  • Longitude: -71.0603

    Address

  • Full Address: 4 Starbird St
  • Address - House Number: 4
  • Address - Street Name: Starbird
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C022
  • 4-Digit Zip Code: 1324
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $659,400

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 794,749
  • High Value: 932,817
  • Low Value: 656,681

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,000
  • Assessed Land Value: $461,100
  • Assessed Improvements Value: $202,900

    Sales

  • Current Sale Recording Date: Apr 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52090
  • Previous Sale Recording Date: Jul 16, 2013
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: O
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:

$892,450

Sale Price/ft²

$478

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2028 ft²

Average Home Age

65.8 years

Currently For Sale

5 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72122556

Frequently Asked Questions

When was property at 4 Starbird Street built and last sold?
The property at 4 Starbird Street was built in 1955 and last sold on Jan 1, 1970 for $531,000.
How much is this home worth?
The estimated value of the home located at 4 Starbird Street is $538,681.
What are some comparable homes to 4 Starbird Street?
There are currently no comparable homes to 4 Starbird Street.
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