56 Vinton Street #2 Melrose — Photo 1 of 27
$775,000
Investment Analysis — 56 Vinton Street #2
Melrose, MA 02176
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02176 carries an estimated $2,820/mo in gross rent — about a 2.12% cap rate and $16,418/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,218
Style
Condominium
Built
1900
Welcome to Bowden House Condominiums. Grand former single family mansion is now six old world style condos set on 32,000 square feet of land that creates a park like setting. Unit 2 is first floor front that includes two bedrooms, new bathroom, new kitchen. The livingroom in this unit is the original main house parlor 35 feet long with large fireplace, built in window seat and book cases all in warm honey colored natural woodwork. Bowden House Condominiums overlooks Bowden Park where the farmers market takes place every Thursday in the warmer months and looks beyond it to the Cedar Park train station to Boston so you can leave your car at home. The library, wine bar, take out and all of downtown Melrose are within walking distance.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 28
Flooring - Hardwood, Recessed Lighting, Wainscoting
Kitchen
Lvl First13 x 11
Master Bedroom
Lvl First17 x 10
Bedroom 2
Lvl First10 x 13
Property History
$775,000
Was $750,000
Aug 19, 2026
MLS® 73545693
$750,000
Jul 28, 2026
MLS® 73545693
Listing Agent: Paul C. Coogan
Listing Office: Brad Hutchinson Real Estate
MLS® Number: 73545693
