204 Beech Ave Melrose — Photo 1 of 33
$869,000
Investment Analysis — 204 Beech Ave
Melrose, MA 02176
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02176 carries an estimated $3,380/mo in gross rent — about a 2.68% cap rate and $23,268/yr in estimated NOI at the $869,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,905
Style
Single Family
Built
1940
This charming Cape-style home offers a first floor primary bedroom with a convenient 3/4 bathroom, providing easy one-level living. An oversized den offers exceptional versatility and includes its own convenient half bathroom, making it ideal for a home office, guest space, playroom, or additional family room. The inviting living room features a fireplace and gleaming hardwood floors. The sun filled oversized eat in kitchen area has a beautiful bay window. Second floor offers two large bedrooms with a full bathroom. Downstairs has an oversized basement which provides an abundant storage space. Outside has a large vinyl deck which extends the living area and overlooks the private totally fenced backyard with irrigation system and includes a shed for additional exterior storage.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,905 sq ft principal dwelling). Lot size: 7,200 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 12
Flooring - Hardwood
Dining Room
Lvl First10.9 x 10.9
Flooring - Hardwood
Kitchen
Lvl First19 x 10
Family Room
Lvl First14 x 14
Master Bedroom
Lvl First21 x 10.7
Bedroom 2
Lvl Second24 x 8.9
Bedroom 3
Lvl Second15.7 x 11.3
Bathroom 1
Lvl FirstBathroom - 3/4
Bathroom 2
Lvl FirstBathroom - 1/4
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: Sharon Seabury
Listing Office: Twin Pinnacle Realty
MLS® Number: 73568943
