For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Melrose 02176 Downtown Melrose
81 Dell Avenue
$295,000
● House - Off Market

81 Dell Avenue

Melrose, MA 02176
bedrooms
2 Beds
bathrooms
1 Bath
square feet
730 Ft²
$525,497
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Welcome to 02176, the hottest zip-code in the country!  This super cute 2-bedroom Ranch is perfect for the someone looking to "right size"  or makes for an ideal condo alternative for someone who wants garden and outdoor space.  Granite graces the countertops, and the kitchen boasts stainless steel appliances and a laundry hookup.  Gleaming hardwood floors shine in the  living room and two good-sized bedrooms.  The yard is ample enough for a patio, garden or additional parking.  Plenty of storage in the attic. Walking distance to EVERYTHING that Melrose has to offer: restaurants, YMCA, parks, commuter rail, and beloved Library.   Did we mention the carport and NO condo fee?  It's hard to find something in good shape in this price range.  See if this sweet little cottage fits the bill for your lifestyle.
Unit Size
730 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$411
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1960

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (MLSPIN #71895443)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by RE/MAX Leading Edge $399,000
Listed by RE/MAX Leading Edge
Nov 10, 2015 Sold
Premium
Sold
Aug 26, 2015 Listed by RE/MAX Leading Edge $300,000
Listed by RE/MAX Leading Edge
Jul 24, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,507
  • Total Building Area: 730
  • Gross Building Area: 900
  • Building Area: 730
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 730
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • 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: URB

Geography

  • Parcel: MELR M:0D7 P:0000190
  • Municipality: MELROSE
  • Latitude: 42.4563
  • Longitude: -71.0624

    Address

  • Full Address: 81 Dell Ave
  • Address - House Number: 81
  • Address - Street Name: Dell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C039
  • 4-Digit Zip Code: 3940
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $442,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 513,831
  • High Value: 598,769
  • Low Value: 428,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,900
  • Assessed Land Value: $338,000
  • Assessed Improvements Value: $107,900

    Sales

  • Current Sale Contract Date: Nov 27, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 226487
  • Previous Sale Recording Date: Nov 10, 2015
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: O
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 Downtown Melrose

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$527

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1648 ft²

Average Home Age

127.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71895443

Frequently Asked Questions

When was property at 81 Dell Avenue built and last sold?
The property at 81 Dell Avenue was built in 1960 and last sold on Nov 27, 2020 for $388,000.
How much is this home worth?
The estimated value of the home located at 81 Dell Avenue is $404,618.
What are some comparable homes to 81 Dell Avenue?
There are currently no comparable homes to 81 Dell Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Melrose Homes for Sale
Melrose Houses for Sale
Melrose Condos for Sale
Melrose Co-Ops for Sale
Melrose Multifamily for Sale
Melrose Land for Sale
Melrose Commercial for Sale
Melrose Homes with Basements
Nearby Cities
Medford Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Wakefield Homes for Sale
Saugus Homes for Sale
Everett Homes for Sale
Stoneham Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Plymouth County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Glendale Real Estate
Winchester Town Center Real Estate
Glenwood Real Estate
South Medford Real Estate
Cliftondale Real Estate
West Medford Real Estate
Nearby Counties
Medford Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Wakefield Homes for Sale
Saugus Homes for Sale
Everett Homes for Sale
Stoneham Homes for Sale
Top Real Estate Agents
Top Agents in Downtown Melrose
Top Agents in Melrose
Top Agents in 02155
Top Agents in Medford
Top Agents in Medford
Top Agents in 02148
Top Agents in Malden
Top Agents in Malden