Prime Location in Melrose Highlands! This beautifully maintained two-family home offers unbeatable convenience—just moments from the Melrose Highlands Commuter Rail, Melrose Public Schools, charming shops and restaurants, Route 93, and the scenic trails of Whip Hill Park. Bo...
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Last Checked: June 13th, 2025 at 5:23am (Source: MLS PIN #73384857)
Gross Income: $0
Gross Expenses: $9,677
Net Income Calc: $9,677
CAP Rate: -0.97%
Annual Expenses for 31 Sears Ave, Melrose MA 02176
Total Gross Expenses (Calculated)$9,677/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,677
Annual Income & Unit Breakdown for 31 Sears Ave, Melrose MA 02176
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 31 Sears Ave, Melrose MA 02176
Listing ID73384857
Property TypeMulti Family / 2 Family
Price$999,990 ($420.87/SqFt)
Style2 Family - 2 Units Up/down
CityMelrose
CountyMiddlesex
MLS AreaMelrose Highlands
Neighborhood(s)
Approximate Living Area Total2,376 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningURA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 31 Sears Ave, Melrose MA 02176
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 31 Sears Ave, Melrose MA 02176
Real Estate Taxes$9,677
Tax Year2025
Assessed Value$977,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.97%
Location Information for 31 Sears Ave, Melrose MA 02176
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaMelrose Highlands
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Sidewalks
Contact Information for 31 Sears Ave, Melrose MA 02176