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Melrose 02176 Melrose East Side
9 Sheffield Rd
Photo of 9 Sheffield Rd
Sold on Oct 13, 2011

1

Map

$521,900
● House - Off Market

9 Sheffield Rd

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,830 Ft²
$1,111,463
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

Exceptional C. E. Colonial on a quiet side street in the country club area.New eat-in kitchen with hw floor and granite counters.Din/rm has two corner china cabinets.Front to back liv/rm with hw floor and firplace.Both baths have been updated.Generous bedrooms with hw floors.Explore the opportunities with the wlkup attic off hallway.Rear yard is pivate and nicely landscaped.Newer heat,hw,roof and freshly painted interior.Meticulously maintained & updated.Premiere location,close to bus and school
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$285
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1936

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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 days ago (MLSPIN #71284958)

Price History

Date / Event Date Event Price
Oct 13, 2011 Sold
Premium
Sold
Sep 9, 2011 Listed by Brad Hutchinson Real Estate $521,900
Listed by Brad Hutchinson Real Estate
Sep 28, 2001 Sold
Premium
Sold
Jun 15, 2001 Listed by Brad Hutchinson Real Estate $379,900
Listed by Brad Hutchinson Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,028
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,412
  • Total Building Area: 1,945
  • Gross Building Area: 3,755
  • Building Area: 1,945
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,945
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000147
  • 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: 336202

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0F9 P:0000116
  • Municipality: MELROSE
  • Latitude: 42.4609
  • Longitude: -71.049

    Address

  • Full Address: 9 Sheffield Rd
  • Address - House Number: 9
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C009
  • 4-Digit Zip Code: 3309
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,700

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,138,956
  • High Value: 1,315,519
  • Low Value: 962,392

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $999,700
  • Assessed Land Value: $507,300
  • Assessed Improvements Value: $492,400

    Sales

  • Current Sale Recording Date: Oct 13, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000017
  • Previous Sale Recording Date: Sep 28, 2001
  • Previous Sale Amount: $363,500
  • 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:

$949,950

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2066 ft²

Average Home Age

90.1 years

Currently For Sale

12 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

Rentals Near You

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Last Updated: 2 days ago
Data Source: MLS PIN, MLS# 71284958

Frequently Asked Questions

When was property at 9 Sheffield Road built and last sold?
The property at 9 Sheffield Road was built in 1936 and last sold on Jan 1, 1970 for $521,000.
How much is this home worth?
The estimated value of the home located at 9 Sheffield Road is $540,602.
What are some comparable homes to 9 Sheffield Road?
There are currently no comparable homes to 9 Sheffield Road.
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