52 Elliott St. Melrose — Photo 1 of 35
$1,050,000
Investment Analysis — 52 Elliott 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 2.47% cap rate and $25,959/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,181
Style
Single Family
Built
1900
Welcome to 52 Elliott St., Melrose, MA, a distinguished single-family residence, constructed in 1900, presents an exceptional living opportunity within its 2181 square feet. This property embodies a unique blend of historical integrity and modern potential, poised to become a cornerstone of sophisticated living. The residence offers five thoughtfully proportioned bedrooms, providing ample space for personal retreats and flexible arrangements. Complementing the living quarters are two full bathrooms, designed to accommodate the demands of a dynamic household with both functionality and comfort. This property, situated on a generous 3920 square foot lot, invites a personal viewing to fully appreciate its distinctive character and expansive possibilities.
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 2,181 sq ft principal dwelling). Lot size: 3,920 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 MLS and other third-party data may be inaccurate or out of date.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 • Water Heater • Range • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl ThirdBedroom 5
Lvl ThirdBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Vinh Nguyen
Listing Office: Kava Realty Group, Inc.
MLS® Number: 73568144
