31 Temple St Melrose — Photo 1 of 9
$1,695,000
Investment Analysis — 31 Temple St
Melrose, MA 02176
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02176 carries an estimated $3,730/mo in gross rent — about a 0.81% cap rate and $13,678/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
3,349
Style
Single Family
Built
2026
Discover this stunning to be built new-construction home featuring 5 bedrooms and 3.5 baths, offering breathtaking panoramic views of the Boston skyline. Set on an expansive ~15,000 sq. ft. double lot, the plans offer exceptional space, privacy, and beauty. Thoughtfully placed windows throughout the home capture incredible skyline vistas and fill the interior with natural light. The generous side yard is perfect for entertaining, play, or simply unwinding outdoors. Inside, enjoy three levels of well-designed living space. The walk-out lower level includes two bedrooms that offer true flexibility—use them as guest rooms, offices, a gym, in-law suite, or whatever best fits your family’s needs. Natural light enhances the entire level, creating comfortable and versatile spaces. A rare opportunity, this home combines modern design, expansive outdoor space, and iconic views in a setting that feels both private and elevated. Experience a residence that stands apart.
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 3,349 sq ft principal dwelling). Lot size: 14,783 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
Gas Water Heater • ENERGY STAR Qualified Refrigerator • Cooktop • Oven • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship
Geography
Listing Agent: Stephanie And Dina Group
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73455039
