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Melrose 02176 Melrose East Side
9 Argyle St
$360,000
● House - Off Market

9 Argyle St

Melrose, MA 02176
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$649,074
RealtyHop Estimate
75.47%
Since Sep 1, 2005
MA-Boston
Primary Model

About This Property

Very nice two bedroom colonial located at the end of a dead end street in the Hoover school area.  This house is neat as a pin and features include: gleaming hardwood floors, fireplace in livingroom, enclosed three season porch, walk up attic, three car off street parking,updated weil-mclain furnace and 100 amp circuit breaker electricity.  Diningroom chandilier and kitchen refrigerator do not stay.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$367
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1925

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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: 6 months ago (MLSPIN #70158642)

Price History

Date / Event Date Event Price
Oct 28, 2020 Sold
Premium
Sold
Sep 15, 2020 Listed by Brad Hutchinson Real Estate $525,000
Listed by Brad Hutchinson Real Estate
Aug 27, 2010 Sold
Premium
Sold
Jun 16, 2010 Listed by Brad Hutchinson Real Estate $365,000
Listed by Brad Hutchinson Real Estate
Aug 25, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 5
  • 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: 504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,108
  • Total Building Area: 1,008
  • Gross Building Area: 2,116
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000094
  • 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:0E6 P:0000045
  • Municipality: MELROSE
  • Latitude: 42.4514
  • Longitude: -71.0543

    Address

  • Full Address: 9 Argyle St
  • Address - House Number: 9
  • Address - Street Name: Argyle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C037
  • 4-Digit Zip Code: 4915
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,900

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 727,618
  • High Value: 839,132
  • Low Value: 616,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $603,100
  • Assessed Land Value: $414,300
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 198334
  • Previous Sale Recording Date: Aug 27, 2010
  • Previous Sale Amount: $350,000
  • 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 East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2107 ft²

Average Home Age

87 years

Currently For Sale

6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70158642

Frequently Asked Questions

When was property at 9 Argyle Street built and last sold?
The property at 9 Argyle Street was built in 1925 and last sold on Oct 21, 2020 for $590,000.
How much is this home worth?
The estimated value of the home located at 9 Argyle Street is $525,877.
What are some comparable homes to 9 Argyle Street?
There are currently no comparable homes to 9 Argyle Street.
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