
55 Burrell St Melrose — Photo 1 of 42
$1,160,000
Investment Analysis — 55 Burrell St
Melrose, MA 02176
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02176 carries an estimated $3,730/mo in gross rent — about a 2.24% cap rate and $25,953/yr in estimated NOI at the $1,160,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,103
Style
Single Family
Built
1938
55 Burrell St is the kind of home you notice before you even walk through the door. This Royal Barry Wills English Tudor sits on a corner lot in the Bellevue neighborhood, with a distinctive brick exterior, steep rooflines, mature landscaping, and classic details that give the home a presence all its own. Inside, hardwood floors run through much of the home, while large windows bring in plenty of natural light. The updated kitchen features light gray cabinetry, quartz countertops, stainless steel appliances, a gas range, subway tile backsplash, and plenty of storage and workspace. With 4 bedrooms and 1.5 baths, there’s flexibility for bedrooms, a home office, or whatever works for you. Central air keeps things comfortable throughout the warmer months, while the lower level adds even more usable space, including a second kitchen that gives you additional room for entertaining, prep, and storage. Outside, the fenced backyard feels like an extension of the home with a patio, lawn, established landscaping, and space to gather, grill, garden, or simply enjoy being outside. A 2-car tandem garage provides off-street parking and additional storage. All of this in Melrose, with convenient access to local shops, restaurants, parks, commuter options, and Boston. 55 Burrell St isn’t a cookie-cutter house, and that’s exactly what makes it special.
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 2,103 sq ft principal dwelling). Lot size: 7,701 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Wine Refrigerator • Stainless Steel Appliance(s)
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21 x 12
Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Remodeled
Dining Room
Lvl Main,First14 x 9
Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan, Remodeled, Lighting - Sconce
Kitchen
Lvl Main,First16 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Family Room
Lvl Basement24 x 19
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Master Bedroom
Lvl Second13 x 13
Closet, Flooring - Hardwood, Lighting - Sconce
Bedroom 2
Lvl Second13 x 10
Bedroom 3
Lvl Third18 x 9
Closet, Flooring - Hardwood, Lighting - Sconce
Bedroom 4
Lvl Third13 x 10
Closet, Flooring - Hardwood, Lighting - Sconce
Bathroom 1
Lvl Second9 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Basement9 x 7
Bathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Laura Cohron
Listing Office: Fiv Realty Co.
MLS® Number: 73575124
