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Melrose 02176 Horace Mann
49 Hawley Rd
$452,000
● House - Off Market

49 Hawley Rd

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$737,699
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Warm and inviting, this 3 bedroom, 2 full bath cape is on a quiet dead-end street in the Horace Mann district close to the Greenwood and Melrose Highlands commuter rail stops. Hardwood floors throughout the house, a fireplaced living room, and lots of light add so much charm. Outside there is a lovely fenced-in yard with both shade and sun, a garage, and plenty of off-street parking. The partially finished walk-out basement has a playroom/den on one side and a workshop on the other. A wonderfully cozy, efficient, and solid home.
Unit Size
1,755 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$242
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1952

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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 #71869715)

Price History

Date / Event Date Event Price
Aug 26, 2015 Sold
Premium
Sold
Jul 8, 2015 Listed by Harborside Sotheby's International Realty $424,900
Listed by Harborside Sotheby's International Realty
Oct 2, 2006 Sold
Premium
Sold
Aug 15, 2006 Listed by Harborside Sotheby's International Realty $409,900
Listed by Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 780
  • 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: 1,755
  • Gross Building Area: 2,694
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 336201

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:D14 P:0000094
  • Municipality: MELROSE
  • Latitude: 42.4744
  • Longitude: -71.0591

    Address

  • Full Address: 49 Hawley Rd
  • Address - House Number: 49
  • Address - Street Name: Hawley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C022
  • 4-Digit Zip Code: 1346
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,800

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 826,023
  • High Value: 960,331
  • Low Value: 691,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,600
  • Assessed Land Value: $445,500
  • Assessed Improvements Value: $246,100

    Sales

  • Current Sale Recording Date: Aug 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144709
  • Previous Sale Recording Date: Oct 02, 2006
  • Previous Sale Amount: $393,000
  • 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:

$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# 71869715

Frequently Asked Questions

When was property at 49 Hawley Road built and last sold?
The property at 49 Hawley Road was built in 1952 and last sold on Jan 1, 1970 for $452,000.
How much is this home worth?
The estimated value of the home located at 49 Hawley Road is $455,167.
What are some comparable homes to 49 Hawley Road?
There are currently no comparable homes to 49 Hawley Road.
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