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Melrose 02176 Melrose Highlands
9 Mendum Street
Photo of 9 Mendum Street
Sold on Aug 7, 2026

31

Map

Photo of 9 Mendum Street
Photo of 9 Mendum Street
$993,740
● House - Off Market

9 Mendum Street

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,968 Ft²
$4,949
Est. Monthly

About This Property

All the heavy lifting has been done so you can move right in and enjoy this home loaded with charm and modern amenities. Fully remodeled lower level is an ideal playroom with space for entertaining!  The living room has a fireplace, hardwood floors and direct access to both the kitchen and dining room. In the kitchen you will find stainless appliances, quartz counter tops, a half bath and access to the backyard.  The dining room has a built in china cabinet and hardwood floors. Upstairs hosts 3 bedrooms and a full bath.  This home is located in the Melrose Highlands neighborhood which is just north of downtown. Highly walkable with close proximity to parks and the commuter rail station.  Showings begin on Saturday 6/20.  OHs on Saturday 6/20 and Sunday 6/21. 1-2:30pm.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$445
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
1920

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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: 2 months ago (MLSPIN #73538264)

Price History

Date / Event Date Event Price
Aug 7, 2026 Sold
Premium
Sold
Jun 24, 2026 In contract -
In contract
Jun 18, 2026 Listed by William Raveis R.E. & Home Services $875,000
Listed by William Raveis R.E. & Home Services
Dec 18, 2020 Sold
Premium
Sold
Nov 3, 2020 Listed by William Raveis R.E. & Home Services $647,000
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 656
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,334
  • Total Building Area: 1,902
  • Gross Building Area: 2,656
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • 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: 336100

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:B12 P:0000020
  • Municipality: MELROSE
  • Latitude: 42.4673
  • Longitude: -71.0729

    Address

  • Full Address: 9 Mendum St
  • Address - House Number: 9
  • Address - Street Name: Mendum
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C021
  • 4-Digit Zip Code: 1624
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $750,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 878,289
  • High Value: 1,032,193
  • Low Value: 724,385

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $756,100
  • Assessed Land Value: $415,400
  • Assessed Improvements Value: $340,700

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 242189
  • Previous Sale Recording Date: Feb 27, 2015
  • Previous Sale Amount: $436,250
  • 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 Melrose Highlands

Stats & Trends

Median Asking:

$739,450

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3139 ft²

Average Home Age

85.6 years

Currently For Sale

5 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 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: 2 months ago
Data Source: MLS PIN, MLS# 73538264

Frequently Asked Questions

When was property at 9 Mendum Street built and last sold?
The property at 9 Mendum Street was built in 1920 and last sold on Dec 14, 2020 for $725,000.
How much is this home worth?
The estimated value of the home located at 9 Mendum Street is $885,001.
What are some comparable homes to 9 Mendum Street?
There are currently no comparable homes to 9 Mendum Street.
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