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Melrose 02176 Melrose East Side
86 Highview Avenue
Photo of 86 Highview Avenue

10

Map

Photo of 86 Highview Avenue
Photo of 86 Highview Avenue
$659,000
● House - In Contract

86 Highview Avenue

Melrose, MA 02176
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,338 Ft²
$3,864
Est. Monthly

About This Property

Delighted to offer a very charming smaller home in a great neighborhood located near the Common and the Mount Hood recreation area.  The home offers five rooms on the first floor but also has a stairway to the unfinished second floor for future expansion.  Livingroom and dining room are warm inviting rooms with natural gumwood woodwork, fireplace in the livingroom, crown moldings, wainscoting, tray ceiling and build in china cabinet in the diningroom.  Two bedrooms and a full bath complete the first floor.  New heat and hot water were installed in 2014.  Infra red testing found that there is insulation in the walls.  Children can walk to the Winthrop Elementary School around the corner on First Street.  Route 1 is a short distance away to Boston, Logan Airport and points north.
Unit Size
1,338 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$493
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
1930

Listed By

Paul Coogan
Brad Hutchinson Real Estate

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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: 3 months ago (MLSPIN #73529302)

Price History

Date / Event Date Event Price
Jul 29, 2026 In contract -
In contract
Jul 15, 2026 Price Increased $659,000
↑ $658K (99,900%)
Price Increased
Jul 14, 2026 Price Decreased $659
↓ $674K (99.9%)
Price Decreased
Jun 26, 2026 Price Decreased $675,000
↓ $24K (3.4%)
Price Decreased
Jun 3, 2026 Listed by Brad Hutchinson Real Estate $699,000
Listed by Brad Hutchinson Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Paved, Off Street, Tandem, Under
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Walk-up Attic
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Laundry Features: In Basement
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Interior Entry, Sump Pump, Garage Access
Exterior Details
Square Footage: 1338
Square Footage Source: $0
Architectural Style: Bungalow
Year Built Source: Public Records
Year Built: 1930
Building Area Total: 1338
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 4051
Water Source: Public
Financial Details
Tax Assessed Value: $656,800
Tax Annual Amount: $7,534
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 774
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 974
  • Gross Building Area: 3,098
  • Building Area: 974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDMUND C MCLAUGHLIN
  • Land Acres: 0000000093
  • 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: URA

Geography

  • Parcel: MELR M:0F8 P:0000031
  • Municipality: MELROSE
  • Latitude: 42.4576
  • Longitude: -71.048

    Address

  • Full Address: 86 Highview Ave
  • Address - House Number: 86
  • Address - Street Name: Highview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • 4-Digit Zip Code: 4116
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $581,500

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 699,657
  • High Value: 807,025
  • Low Value: 592,289

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,600
  • Assessed Land Value: $414,100
  • Assessed Improvements Value: $171,500

    Sales

  • Current Sale Recording Date: Mar 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
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 East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2104 ft²

Average Home Age

97.5 years

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: 3 months ago
Data Source: MLS PIN, MLS# 73529302

Frequently Asked Questions

When was property at 86 Highview Avenue built and last sold?
The property at 86 Highview Avenue was built in 1930 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 86 Highview Avenue is $635,127.
What are some comparable homes to 86 Highview Avenue?
There are currently no comparable homes to 86 Highview Avenue.
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