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Melrose 02176 Cedar Park
76 Wentworth Road
$680,000
● House - Off Market

76 Wentworth Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,952 Ft²
$818,343
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Location! Location! Location! This Garrison Colonial home is a hidden gem in the heart of suburban Melrose waiting for YOU! The first floor offers an open kitchen and dining area with fireplace, a half bath with washer/dryer hookup, plus a fabulous living room with plenty of natural light coming in through sliding glass doors which open to a deck overlooking the private backyard. Perfect for entertaining! The second floor offers a full bath, large master bedroom with a private half bath and walk-in closet and two additional bedrooms, both with large closets. The basement is partially finished, adding a bonus room and access to the 1 car garage. Close to public transportation, major highways, Middlesex Fells Reservation, Whole Foods Market, downtown shops, and many restaurants. A timeless value!
Unit Size
1,952 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$328
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
1982

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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 years ago (MLSPIN #72728499)

Price History

Date / Event Date Event Price
Nov 19, 2020 Sold
Premium
Sold
Sep 17, 2020 Listed by Commonwealth Standard Realty Advisors $639,900
Listed by Commonwealth Standard Realty Advisors

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,599
  • Total Building Area: 1,952
  • Gross Building Area: 2,624
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000197
  • 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:0A8 P:0000045
  • Municipality: MELROSE
  • Latitude: 42.4588
  • Longitude: -71.0789

    Address

  • Full Address: 76 Wentworth Rd
  • Address - House Number: 76
  • Address - Street Name: Wentworth
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C014
  • 4-Digit Zip Code: 3004
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $794,800

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 856,465
  • High Value: 1,005,255
  • Low Value: 707,675

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $800,400
  • Assessed Land Value: $468,800
  • Assessed Improvements Value: $331,600

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 217299
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 Cedar Park

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$472

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1293 ft²

Average Home Age

122 years

Currently For Sale

7 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 years ago
Data Source: MLS PIN, MLS# 72728499

Frequently Asked Questions

When was property at 76 Wentworth Road built and last sold?
The property at 76 Wentworth Road was built in 1982 and last sold on Nov 12, 2020 for $680,000.
How much is this home worth?
The estimated value of the home located at 76 Wentworth Road is $651,069.
What are some comparable homes to 76 Wentworth Road?
There are currently no comparable homes to 76 Wentworth Road.
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