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Melrose 02176 Mount Hood
7 Philip Circle
Photo of 7 Philip Circle
Sold on Dec 3, 2010

1

Map

$435,000
● House - Off Market

7 Philip Circle

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,458 Ft²
$934,069
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model

About This Property

METICULOUSLY MAINTAINED SPLIT-ENTRY ON CUL DE SAC NEAR MT. HOOD! Living room w/fireplace and bow window opens to formal dining room & sunny enclosed porch.  Oak kitchen offers ample cabinetry & "easy-slide" drawers. 3 bedrms--all w/double closets. Full bath accessible from hall or master bedrm. LL offers bright fam rm w/fireplace, office, half bath & access to oversized garage w/openers, strge & workbench. HW flrs under carpet. New last 5 yrs: most windws, boiler,hot water, front & back stairs.
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$305
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1963

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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: 12 months ago (MLSPIN #71149344)

Price History

Date / Event Date Event Price
Dec 3, 2010 Sold
Premium
Sold
Oct 12, 2010 Listed by RE/MAX Heritage, LLC $444,000
Listed by RE/MAX Heritage, LLC

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,150
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 1,888
  • Gross Building Area: 2,463
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 6599
  • Land Acres: 0000000220
  • 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: SRB

Geography

  • Parcel: MELR M:0G6 P:0000062
  • Municipality: MELROSE
  • Latitude: 42.4531
  • Longitude: -71.0428

    Address

  • Full Address: 7 Philip Cir
  • Address - House Number: 7
  • Address - Street Name: Philip
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • 4-Digit Zip Code: 5809
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,100

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 925,771
  • High Value: 1,087,189
  • Low Value: 764,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $770,500
  • Assessed Land Value: $482,500
  • Assessed Improvements Value: $288,000

    Sales

  • Current Sale Recording Date: Dec 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01551544
  • Previous Sale Recording Date: Aug 10, 2009
  • 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 Mount Hood

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2591 ft²

Average Home Age

76.1 years

Currently For Sale

0 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: 12 months ago
Data Source: MLS PIN, MLS# 71149344

Frequently Asked Questions

When was property at 7 Philip Circle built and last sold?
The property at 7 Philip Circle was built in 1963 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 7 Philip Circle is $0.
What are some comparable homes to 7 Philip Circle?
There are currently no comparable homes to 7 Philip Circle.
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