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Melrose 02176 Melrose Highlands
52 Henry Ave
Photo of 52 Henry Ave
Sold on Jun 26, 2007

1

Map

$470,000
● House - Off Market

52 Henry Ave

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,488 Ft²
$885,319
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

Warm and inviting, light filled 4 bedroom Dutch Colonial in move in condition in the desirable Highlands area of Melrose. Tastefully decorated by the current owners who have also installed a new roof, gutters, windows and furnace in recent years. Conveniently located to schools and shops it is also less than a five minute walk to buses and the commuter rail.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$319
Property Type
House
Property Taxes
$365
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: 6 months ago (MLSPIN #70537498)

Price History

Date / Event Date Event Price
Jun 26, 2007 Sold
Premium
Sold
Mar 9, 2007 Listed $475,000
Listed
Mar 27, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 888
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,525
  • Total Building Area: 1,488
  • Gross Building Area: 2,715
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 336100

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:C12 P:0000119
  • Municipality: MELROSE
  • Latitude: 42.4693
  • Longitude: -71.0655

    Address

  • Full Address: 52 Henry Ave
  • Address - House Number: 52
  • Address - Street Name: Henry
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C035
  • 4-Digit Zip Code: 1208
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,500

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 892,555
  • High Value: 1,029,347
  • Low Value: 755,763

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $820,200
  • Assessed Land Value: $508,000
  • Assessed Improvements Value: $312,200

    Sales

  • Current Sale Recording Date: Jun 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00116671
  • Previous Sale Recording Date: Mar 27, 1996
  • Previous Sale Amount: $210,000
  • 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 Melrose Highlands

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$464

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2844 ft²

Average Home Age

85.9 years

Currently For Sale

7 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70537498

Frequently Asked Questions

When was property at 52 Henry Avenue built and last sold?
The property at 52 Henry Avenue was built in 1900 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 52 Henry Avenue is $483,547.
What are some comparable homes to 52 Henry Avenue?
There are currently no comparable homes to 52 Henry Avenue.
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