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Melrose 02176 Melrose East Side
60 Mooreland Rd
$590,000
● House - Off Market

60 Mooreland Rd

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,760 Ft²
$1,009,818
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Wonderful Colonial on the Upper East Side. Sunny open floor plan with great space. Large living room with fireplace and hardwood floor. Updated eat-in country kitchen with plenty of cabinets. Formal dining room with built in china cabinet. Convenient first floor half bath. Generously sized bedrooms, all with hardwood flooring. Steps to Bellevue Golf Club and bus line. Top notch location with room to expand! Private rear yard, economical gas heat and well maintained. Don't delay, easy to show!
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$329
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #71817446)

Price History

Date / Event Date Event Price
Jun 5, 2015 Sold
Premium
Sold
Apr 15, 2015 Listed by Brad Hutchinson Real Estate $579,900
Listed by Brad Hutchinson Real Estate
Sep 26, 1997 Sold
Premium
Sold
Jun 24, 1997 Listed by Brad Hutchinson Real Estate $269,900
Listed by Brad Hutchinson Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,668
  • Total Building Area: 2,512
  • Gross Building Area: 4,012
  • Building Area: 2,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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:0000067
  • Municipality: MELROSE
  • Latitude: 42.4606
  • Longitude: -71.0507

    Address

  • Full Address: 60 Mooreland Rd
  • Address - House Number: 60
  • 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: $1,026,800

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 1,018,684
  • High Value: 1,175,563
  • Low Value: 861,806

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,034,000
  • Assessed Land Value: $519,900
  • Assessed Improvements Value: $514,100

    Sales

  • Current Sale Recording Date: Jun 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84848
  • Previous Sale Recording Date: Sep 26, 1997
  • Previous Sale Amount: $249,500
  • 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# 71817446

Frequently Asked Questions

When was property at 60 Mooreland Road built and last sold?
The property at 60 Mooreland Road was built in 1947 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 60 Mooreland Road is $601,673.
What are some comparable homes to 60 Mooreland Road?
There are currently no comparable homes to 60 Mooreland Road.
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