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Melrose 02176 Wyoming
87 Crescent Ave
$589,000
● House - Off Market

87 Crescent Ave

Melrose, MA 02176
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$1,213,762
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Beautiful Renovated Victorian! Features 10 rms,5 bdrms,3 Full baths(1 Master bath). Remodeled Kitchen, Granite Tops, SS Appliances. CENTRAL A.C. & VAC. Gorgeous original Hrwd Flr throughout this home. 9 Ft. ceilings w/crown mouldings, door mouldings & pocket door. Stained Glass Windows. Spacious closets. Marble Fireplace, Fenced Yard,6 cars driveway. Interior walls painted neutral colors to showcase your furnishings. 1 mile from Orange Line & Commuter Rails. Between Rte 1,I93,I95. Great schools.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$240
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1883

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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 #71353475)

Price History

Date / Event Date Event Price
Jul 31, 2012 Sold
Premium
Sold
Mar 19, 2012 Listed by Sterling Lion, LLC $600,000
Listed by Sterling Lion, LLC
Oct 24, 2007 Sold
Premium
Sold
Aug 8, 2007 Listed by Sterling Lion, LLC $549,900
Listed by Sterling Lion, LLC
Dec 27, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 1883
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 992
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,711
  • Gross Building Area: 4,352
  • Building Area: 2,711
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,711
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUSSELL PARK HOUSE
  • Land Acres: 0000000138
  • 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: 336402

Zoning

  • Zoning: URB

Geography

  • Parcel: MELR M:0B5 P:0000045
  • Municipality: MELROSE
  • Latitude: 42.4505
  • Longitude: -71.0724

    Address

  • Full Address: 87 Crescent Ave
  • Address - House Number: 87
  • Address - Street Name: Crescent
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C033
  • 4-Digit Zip Code: 4525
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $956,900

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 1,206,989
  • High Value: 1,474,063
  • Low Value: 939,914

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $963,600
  • Assessed Land Value: $450,500
  • Assessed Improvements Value: $513,100

    Sales

  • Current Sale Recording Date: Jul 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 24, 2007
  • Previous Sale Amount: $530,000
  • 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 Wyoming

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1575 ft²

Average Home Age

101.3 years

Currently For Sale

9 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 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera
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# 71353475

Frequently Asked Questions

When was property at 87 Crescent Avenue built and last sold?
The property at 87 Crescent Avenue was built in 1883 and last sold on Jan 1, 1970 for $589,000.
How much is this home worth?
The estimated value of the home located at 87 Crescent Avenue is $605,856.
What are some comparable homes to 87 Crescent Avenue?
There are currently no comparable homes to 87 Crescent Avenue.
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