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Melrose 02176 Melrose East Side
52 Mooreland Rd
$675,000
● House - Off Market

52 Mooreland Rd

Melrose, MA 02176
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,322 Ft²
$995,913
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

C.F. Patton built center entrance colonial on large, level lot on the upper east side of Melrose in the Belleview Country Club area with 6 bedrooms, 21/4 baths and hardwood floors throughout. Large front to back living room features a beamed ceiling, fireplace and adjoining 3 season room. A formal dining room has french doors and a built in triple china cabinet. The kitchen has a breakfast nook and 1/4 bath.  The second floor has 4 corner bedrooms, a full bath and built in linen closet.  The third floor has 2 bedrooms and a full bath.  An ample yard offers a rock garden, detached 2 car garage and a 10'X10' storage shed.  This is a very special property but in need of updating.
Unit Size
2,322 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$297
Property Type
House
Property Taxes
$534
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 #72392398)

Price History

Date / Event Date Event Price
Apr 1, 2019 Sold
Premium
Sold
Sep 10, 2018 Listed by Venice Real Estate, LLC $690,000
Listed by Venice Real Estate, LLC
Jun 15, 1981 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,973
  • Total Building Area: 2,322
  • Gross Building Area: 4,182
  • Building Area: 2,322
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,322
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • 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: URA

Geography

  • Parcel: MELR M:0F9 P:0000066
  • Municipality: MELROSE
  • Latitude: 42.4604
  • Longitude: -71.0506

    Address

  • Full Address: 52 Mooreland Rd
  • Address - House Number: 52
  • Address - Street Name: Mooreland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C009
  • 4-Digit Zip Code: 3308
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $827,200

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 967,375
  • High Value: 1,135,433
  • Low Value: 799,318

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $833,000
  • Assessed Land Value: $521,600
  • Assessed Improvements Value: $311,400

    Sales

  • Current Sale Contract Date: Apr 01, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40045
  • Previous Sale Recording Date: Jun 15, 1981
  • Previous Sale Amount: $65,000
  • 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 East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1920 ft²

Average Home Age

88 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72392398

Frequently Asked Questions

When was property at 52 Mooreland Road built and last sold?
The property at 52 Mooreland Road was built in 1926 and last sold on Apr 1, 2019 for $675,000.
How much is this home worth?
The estimated value of the home located at 52 Mooreland Road is $696,511.
What are some comparable homes to 52 Mooreland Road?
There are currently no comparable homes to 52 Mooreland Road.
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