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Melrose 02176 Melrose East Side
9 Meadowview Rd
$586,000
● House - Off Market

9 Meadowview Rd

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,831 Ft²
$1,185,124
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Wonderful, spacious 9 room 3 bedroom Colonial that borders Bellevue Country Club. First flr. fireplaced front to back LR with lovely moldings, leaded glass windows, HW floors opens to a 3-season room with sliders all around. The custom built eat-in kitchen is fully applianced with double ovens, trash compactor & Jenn-Air grill. Enjoy the comforts of the FR directly off kitchen with sliders to patio deck and fenced in yard. 1st flr office w/ built-ins. FR in LL with fieldstone FP Much more.
Unit Size
2,831 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$201
Property Type
House
Property Taxes
$680
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #71435471)

Price History

Date / Event Date Event Price
Oct 26, 2012 Sold
Premium
Sold
Sep 14, 2012 Listed by Brad Hutchinson Real Estate $569,000
Listed by Brad Hutchinson Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,303
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,858
  • Total Building Area: 2,684
  • Gross Building Area: 4,586
  • Building Area: 2,684
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,684
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • 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: 336201

Zoning

  • Zoning: SRB

Geography

  • Parcel: MELR M:F10 P:0000073
  • Municipality: MELROSE
  • Latitude: 42.4636
  • Longitude: -71.0479

    Address

  • Full Address: 9 Meadowview Rd
  • Address - House Number: 9
  • Address - Street Name: Meadowview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C009
  • 4-Digit Zip Code: 2913
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $987,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,165,372
  • High Value: 1,369,582
  • Low Value: 961,162

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $994,100
  • Assessed Land Value: $469,600
  • Assessed Improvements Value: $524,500

    Sales

  • Current Sale Recording Date: Oct 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000161
  • Previous Sale Recording Date: Apr 10, 2006
  • Previous Sale Document Type: 48
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

$453

Below Asking

0.01%

Average Days on Market

45

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: 4 months ago
Data Source: MLS PIN, MLS# 71435471

Frequently Asked Questions

When was property at 9 Meadowview Road built and last sold?
The property at 9 Meadowview Road was built in 1940 and last sold on Jan 1, 1970 for $586,000.
How much is this home worth?
The estimated value of the home located at 9 Meadowview Road is $623,059.
What are some comparable homes to 9 Meadowview Road?
There are currently no comparable homes to 9 Meadowview Road.
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