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Melrose 02176 Melrose Highlands
68 Ferdinand Street
Photo of 68 Ferdinand Street
Sold on Sep 17, 2009

1

Map

$432,500
● House - Off Market

68 Ferdinand Street

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,779 Ft²
$867,060
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model

About This Property

SE Col. on quiet-ended street in Highlands.Sited on a double lot that abuts conservation land w/great privacy and forest like surroundings.Open LR w/FP & recessed lighting.Formal DR w/double hutch.Room off DR perfect for a kids room or office.Freshly painted open KIT w/tile, sliders to a stone bordered patio.Updated 1/2 BTH w/wainscotting.Fully updated full BTH w/striking tile,wood vanity & indirect lighting.Auxiliary room next to MB w/custom closets could also be OFF.Fully finished attic.
Unit Size
1,779 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$236
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1929

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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 #70928600)

Price History

Date / Event Date Event Price
Sep 17, 2009 Sold
Premium
Sold
Jun 3, 2009 Listed $419,000
Listed
Nov 21, 2002 Sold
Premium
Sold
Sep 6, 2002 Listed $399,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • 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: 672
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 2,064
  • Gross Building Area: 4,298
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 25507A
  • Land Acres: 0000000189
  • 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:A14 P:0000031
  • Municipality: MELROSE
  • Latitude: 42.4725
  • Longitude: -71.077

    Address

  • Full Address: 68 Ferdinand St
  • Address - House Number: 68
  • Address - Street Name: Ferdinand
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C008
  • 4-Digit Zip Code: 1101
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $853,100

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 923,484
  • High Value: 1,083,916
  • Low Value: 763,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $859,100
  • Assessed Land Value: $433,600
  • Assessed Improvements Value: $425,500

    Sales

  • Current Sale Recording Date: Sep 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00183758
  • Previous Sale Recording Date: Nov 21, 2002
  • Previous Sale Amount: $380,500
  • 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 Highlands

Stats & Trends

Median Asking:

$762,500

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2871 ft²

Average Home Age

79.2 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 70928600

Frequently Asked Questions

When was property at 68 Ferdinand Street built and last sold?
The property at 68 Ferdinand Street was built in 1929 and last sold on Jan 1, 1970 for $432,500.
How much is this home worth?
The estimated value of the home located at 68 Ferdinand Street is $421,858.
What are some comparable homes to 68 Ferdinand Street?
There are currently no comparable homes to 68 Ferdinand Street.
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