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Melrose 02176 Melrose East Side
48 Burrell
Photo of 48 Burrell
Sold on Mar 30, 2005

1

Map

$626,000
● House - Off Market

48 Burrell

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
99,999 Ft²
$1,108,473
RealtyHop Estimate
78.81%
Since Apr 1, 2005
MA-Boston
Primary Model

About This Property

Beautiful English Colonial in the heart of the Country Club! This home has it all -- old world charm along with plenty of space.  Gorgeous woodwork throughout with hardwood floors.  Updated kitchen with newly renovated third floor master bedroom suite with full CT bath.  Beautiful wood mantle flanked by leaded glass bookshelves in living room.  Second floor has three bedrooms.  Gorgeous deck overlooking flat, level oversized yard with mature plantings throughout.  Won't last!!
Unit Size
99,999 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$6
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1936

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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: 6 months ago (MLSPIN #70097645)

Price History

Date / Event Date Event Price
Jul 29, 2014 Sold
Premium
Sold
Mar 30, 2005 Sold
Premium
Sold
Sep 29, 2004 Listed $619,900
Listed

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 13
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,076
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,141
  • Total Building Area: 2,223
  • Gross Building Area: 4,054
  • Building Area: 2,223
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,223
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 13064J
  • Land Acres: 0000000233
  • 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: SRB

Geography

  • Parcel: MELR M:E10 P:0000117
  • Municipality: MELROSE
  • Latitude: 42.4637
  • Longitude: -71.0553

    Address

  • Full Address: 48 Burrell St
  • Address - House Number: 48
  • Address - Street Name: Burrell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C024
  • 4-Digit Zip Code: 2419
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $811,800

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 950,762
  • High Value: 1,105,352
  • Low Value: 796,172

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $817,500
  • Assessed Land Value: $470,900
  • Assessed Improvements Value: $346,600

    Sales

  • Current Sale Recording Date: Jul 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1676849
  • Previous Sale Recording Date: Mar 30, 2005
  • Previous Sale Amount: $626,000
  • Previous Sale Document Type: 48
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:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2107 ft²

Average Home Age

87 years

Currently For Sale

6 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# 70097645

Frequently Asked Questions

When was property at 48 Burrell Street built and last sold?
The property at 48 Burrell Street was built in 1936 and last sold on Jan 1, 1970 for $657,000.
How much is this home worth?
The estimated value of the home located at 48 Burrell Street is $3,158,766.
What are some comparable homes to 48 Burrell Street?
There are currently no comparable homes to 48 Burrell Street.
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