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Melrose 02176 Melrose East Side
43 Argyle Street
$377,900
● House - Off Market

43 Argyle Street

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,568 Ft²
$820,841
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model

About This Property

Tranquil setting for this Colonial boasting classic details & craftsmanship of the era. LR is centered by the wood burning FP. Formal DR w/built-in CC. EIK, half bath & den with natural wood and oak HWF complete this level. Second fl holds 3 generous BRs, plus 4th BR/office, all with HWF, and updtd full bath. Bonus attic space. Freshly painted, well-kept home with flat yard, 2c gar, & close to bus. Home needs some updating, but shows well. Good investment for buyer looking to create dream home.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$239
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1926

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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 #71307088)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 15, 2020 Listed by RE/MAX Heritage, LLC $689,900
Listed by RE/MAX Heritage, LLC
Jan 4, 2012 Sold
Premium
Sold
Nov 2, 2011 Listed by RE/MAX Heritage, LLC $375,000
Listed by RE/MAX Heritage, LLC

Property Highlights

Garage
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,823
  • Gross Building Area: 3,064
  • Building Area: 1,823
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,823
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000115
  • 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: 336300

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0E6 P:0000095
  • Municipality: MELROSE
  • Latitude: 42.4527
  • Longitude: -71.0546

    Address

  • Full Address: 43 Argyle St
  • Address - House Number: 43
  • Address - Street Name: Argyle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C037
  • 4-Digit Zip Code: 4943
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $745,900

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 893,687
  • High Value: 1,050,289
  • Low Value: 737,085

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $751,200
  • Assessed Land Value: $418,500
  • Assessed Improvements Value: $332,700

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 235989
  • Previous Sale Recording Date: Jan 04, 2012
  • Previous Sale Amount: $377,900
  • 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 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

2051 ft²

Average Home Age

92.8 years

Currently For Sale

13 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

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71307088

Frequently Asked Questions

When was property at 43 Argyle Street built and last sold?
The property at 43 Argyle Street was built in 1926 and last sold on Dec 9, 2020 for $740,000.
How much is this home worth?
The estimated value of the home located at 43 Argyle Street is $699,817.
What are some comparable homes to 43 Argyle Street?
There are currently no comparable homes to 43 Argyle Street.
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