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Melrose 02176 Melrose East Side
52 Beech Ave
$550,000
● House - Off Market

52 Beech Ave

Melrose, MA 02176
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,872 Ft²
$878,081
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

The classic Colonial features a first floor with welcoming foyer, large living room with loads of light that streams through the wide bow window, a dining with a built-in china cabinet and an eat-in kitchen that leads to the laundry room and half bath. The second floor has three nicely sized bedrooms and a full bath. Two additional bedrooms with electric heat can be found on the third floor. New windows and hardwood floors under carpets.  The fenced rear yard boasts a wonderful deck and patio.  Yard is landscaped with sprinkler system. The heating system is only about 6 years old. The front enclosed wrap around porch makes for great sleeping on a summer night.  Walk to downtown or jump on the bus to Oak Grove.  You will love it here. Bring your heart and personal style to this great property.  Welcome home!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$302
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72173649)

Price History

Date / Event Date Event Price
Aug 22, 2017 Sold
Premium
Sold
May 31, 2017 Listed by RE/MAX Leading Edge $565,000
Listed by RE/MAX Leading Edge

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 16
  • 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: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,171
  • Total Building Area: 1,872
  • Gross Building Area: 3,583
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000119
  • 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:0D6 P:0000128
  • Municipality: MELROSE
  • Latitude: 42.4518
  • Longitude: -71.0586

    Address

  • Full Address: 52 Beech Ave
  • Address - House Number: 52
  • Address - Street Name: Beech
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C031
  • 4-Digit Zip Code: 4809
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $674,300

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 830,429
  • High Value: 974,696
  • Low Value: 686,163

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,100
  • Assessed Land Value: $419,300
  • Assessed Improvements Value: $259,800

    Sales

  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134631
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

$453

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2223 ft²

Average Home Age

100.7 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 72173649

Frequently Asked Questions

When was property at 52 Beech Avenue built and last sold?
The property at 52 Beech Avenue was built in 1900 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 52 Beech Avenue is $569,549.
What are some comparable homes to 52 Beech Avenue?
There are currently no comparable homes to 52 Beech Avenue.
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