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Melrose 02176 Horace Mann
69 Boardman Avenue
Photo of 69 Boardman Avenue
Sold on Jul 15, 2011

1

Map

$375,000
● House - Off Market

69 Boardman Avenue

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,464 Ft²
$771,669
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Wonderful Hip Roof Center Entrance Colonial in prime Horace Mann location.  Home in need of work, but has much to offer.  Beautiful level large yard.  Formal diningroom has an oversized built-in china cabinet, front to back livingroom with fireplace and sunroom off of it (electric heat in sunroom).  Three bedrooms, hardwood floors, walk up attic.  Detached 2 car garage.  Make this yours with work and decorating.  Fabulous location and great opportunity. Being sold as is.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$256
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1927

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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 #71235915)

Price History

Date / Event Date Event Price
Jul 15, 2011 Sold
Premium
Sold
May 20, 2011 Listed by Marie T. Wood REALTORS® $375,000
Listed by Marie T. Wood REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 824
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,106
  • Total Building Area: 1,464
  • Gross Building Area: 2,976
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK
  • Land Acres: 0000000232
  • 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: 336201

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:E13 P:0000047
  • Municipality: MELROSE
  • Latitude: 42.4717
  • Longitude: -71.0579

    Address

  • Full Address: 69 Boardman Ave
  • Address - House Number: 69
  • Address - Street Name: Boardman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C022
  • 4-Digit Zip Code: 1311
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $817,500

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 902,562
  • High Value: 1,059,360
  • Low Value: 745,764

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $823,300
  • Assessed Land Value: $485,000
  • Assessed Improvements Value: $338,300

    Sales

  • Current Sale Recording Date: Jul 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000012
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 Horace Mann

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$477

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2736 ft²

Average Home Age

-

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71235915

Frequently Asked Questions

When was property at 69 Boardman Avenue built and last sold?
The property at 69 Boardman Avenue was built in 1927 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 69 Boardman Avenue is $396,887.
What are some comparable homes to 69 Boardman Avenue?
There are currently no comparable homes to 69 Boardman Avenue.
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