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Melrose 02176 Melrose East Side
6 Willard St
$300,000
● House - Off Market

6 Willard St

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath
square feet
99,999 Ft²
$790,064
RealtyHop Estimate
146.97%
Since Feb 1, 2002
MA-Boston
Primary Model

About This Property

GREAT CUSTOM CAPE IN VERY QUIET AREA. LARGE FP LR. EAT-IN KITCHEN. LOTS OF NATURAL WOODWORK. 100 AMP CB, NEWER ROOF. LARGE DECK OVERLOOKING PRIVATE REAR YARD. A MUST SEE HOME.
Unit Size
99,999 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$3
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1949

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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 years ago (MLSPIN #30565088)

Price History

Date / Event Date Event Price
Feb 1, 2002 Sold
Premium
Sold
Dec 4, 2001 Listed by Century 21 Sexton & Donohue $319,900
Listed by Century 21 Sexton & Donohue
Jun 28, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,601
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,996
  • Total Building Area: 3,092
  • Gross Building Area: 5,412
  • Building Area: 3,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 113L
  • Land Acres: 0000000321
  • 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:0E4 P:0035-36
  • Municipality: MELROSE
  • Latitude: 42.448
  • Longitude: -71.0551

    Address

  • Full Address: 6 Willard St
  • Address - House Number: 6
  • Address - Street Name: Willard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C031
  • 4-Digit Zip Code: 5514
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $931,100

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,114,294
  • High Value: 1,308,582
  • Low Value: 920,005

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $937,700
  • Assessed Land Value: $430,600
  • Assessed Improvements Value: $507,100

    Sales

  • Current Sale Recording Date: Feb 01, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1198462
  • Previous Sale Recording Date: Jun 28, 2001
  • Previous Sale Amount: $5,500
  • 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

44

Average Home Size

2104 ft²

Average Home Age

97.5 years

Currently For Sale

8 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 years ago
Data Source: MLS PIN, MLS# 30565088

Frequently Asked Questions

When was property at 6 Willard Street built and last sold?
The property at 6 Willard Street was built in 1949 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 6 Willard Street is $0.
What are some comparable homes to 6 Willard Street?
There are currently no comparable homes to 6 Willard Street.
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