7/31/24 : MAIN HOUSE SOLD AS CONDO. CARRIAGE HOUSE COMING SOON FOR SALE * Discover endless possibilities at 4 Melville, home to the iconic Merrihew Manor in Dorchester. Lovingly restored, this stunning Queen Anne Victorian offers a Single-Family PLUS Carriage House on a massive 16,000+ square foot lot. Framed by a gabled front porch adorned with heirloom wisteria, and up an elegantly long driveway, the home makes an impressive impact from the street. The expansive Main House features three floors of living space, including 5 bedrooms, 3.5 baths, a spacious chef's kitchen, formal dining room, welcoming living room, and five fireplaces. The additional Carriage House at the rear of the property includes a bedroom, two baths, a workshop/storage space, a huge basement and potential for a second bedroom. Ideal for visionary clients, this property offers rental income, housing for extended family and/or a spacious at-home workspace. !
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Last Checked: October 7th, 2024 at 4:34pm (Source: MLS PIN #73240572)
Gross Income: $24,000
Gross Expenses: $17,825
Net Income Calc: $6,175
CAP Rate: 0.29%
Annual Expenses for 4 Melville Avenue, Boston MA 02124
Total Gross Expenses (Calculated)$17,825/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$17,825.43
Annual Income & Unit Breakdown for 4 Melville Avenue, Boston MA 02124
Total Gross Income (Calculated)$24,000
Unit 1
Rental Income$0
LeaseN
Bedrooms5
Bathrooms3 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesNo
Unit 2
Rental Income$2,000
LeaseY
Bedrooms1
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesNo
General Information for 4 Melville Avenue, Boston MA 02124
Listing ID73240572
Property TypeMulti Family
Price$2,100,000 ($402.53/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total5,217 SqFt
Approximate Lot Size (Acres)0.37 acres
Total Parking4
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesNo
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 4 Melville Avenue, Boston MA 02124
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureIncludes approx.1400 sqf in Carriage House. Buyer
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$24,000
Total Net Income By Broker$24,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 4 Melville Avenue, Boston MA 02124
Real Estate Taxes$17,825.43
Tax Year2024
Assessed Value$1,995,140
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$24,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.29%
Location Information for 4 Melville Avenue, Boston MA 02124
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Bike Path, Public Transportation, T-station, Private School
Contact Information for 4 Melville Avenue, Boston MA 02124