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Melrose 02176 Melrose Highlands
71 Warwick
Photo of 71 Warwick
Sold on Jul 7, 2006

1

Map

$540,000
● House - Off Market

71 Warwick

Melrose, MA 02176
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,071 Ft²
$1,029,183
RealtyHop Estimate
80.59%
Since Aug 1, 2006
MA-Boston
Primary Model

About This Property

Fabulous SE Col on tree lined street,beautiful foyer with mural, fireplaced LR with wall mural that looks like a framed picture, banquet size DR ,Bay windows,crown moulding,beamed ceiling,natural ww, unique den,kitchen completely done in 2002,oversized cherry cabinets,granite countertops,ss appliances,built in CC,breakfast bar,half bath. 2nd floor has 4 bdrms,full bth,summer sleeping porch and stackable laundry.Close to commuter rail,shops and new Roosevelt School.Many updates.
Unit Size
2,071 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$275
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1900

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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 #70251343)

Price History

Date / Event Date Event Price
Dec 3, 2009 Sold
Premium
Sold
Oct 22, 2009 Listed $565,000
Listed
Jul 7, 2006 Sold
Premium
Sold
Sep 1, 2005 Listed $569,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • 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: 775
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,690
  • Total Building Area: 2,071
  • Gross Building Area: 3,550
  • Building Area: 2,071
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,071
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FELLSWAY HEIGHTS
  • 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: 336100

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:A11 P:0000059
  • Municipality: MELROSE
  • Latitude: 42.4659
  • Longitude: -71.0759

    Address

  • Full Address: 71 Warwick Rd
  • Address - House Number: 71
  • Address - Street Name: Warwick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C020
  • 4-Digit Zip Code: 2109
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $945,900

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,061,255
  • High Value: 1,247,220
  • Low Value: 875,289

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $952,600
  • Assessed Land Value: $435,700
  • Assessed Improvements Value: $516,900

    Sales

  • Current Sale Recording Date: Dec 03, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00232770
  • Previous Sale Recording Date: Jul 07, 2006
  • Previous Sale Amount: $540,000
  • 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 Highlands

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2970 ft²

Average Home Age

73.8 years

Currently For Sale

5 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# 70251343

Frequently Asked Questions

When was property at 71 Warwick Road built and last sold?
The property at 71 Warwick Road was built in 1900 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 71 Warwick Road is $570,326.
What are some comparable homes to 71 Warwick Road?
There are currently no comparable homes to 71 Warwick Road.
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