
56 Vinton Street #3 Melrose — Photo 1 of 21
$650,000
Investment Analysis — 56 Vinton Street #3
Melrose, MA 02176
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02176 carries an estimated $2,370/mo in gross rent — about a 2.13% cap rate and $13,814/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,093
Style
Condominium
Built
1900
Welcome to Bowden House Condominiums offering six unique traditional style units. Unit 3 is a first floor rear unit with its own private entrance and parking space number four only a few steps from the entrance. This unit encompasses the original elegant dining room of the mansion that now serves as the very inviting living room. Very large eat in kitchen in this unit with a smaller pantry with washer/dryer and storage and a very large butler's pantry with abundant storage. A 7 X 8 den or office could also double as guest space in a pinch. All of the units have their assigned parking spaces and the rest of the property is common including the charming summer house. Storage lockers in the basement for each unit. Bowden Park is across the street from Bowden House where the farmer's market takes place and beyond is the Cedar Park train station to Boston plus Garniss's Market across from the park and now a short walk to the very trendy wine bar Table Four.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 16.5
Flooring - Hardwood, Wainscoting, Lighting - Sconce, Lighting - Overhead
Kitchen
Lvl First13 x 15
Flooring - Hardwood, Dining Area, Pantry, Cabinets - Upgraded, Dryer Hookup - Electric, Stainless Steel Appliances, Washer Hookup
Master Bedroom
Lvl First12 x 14
Closet, Flooring - Hardwood
Bathroom 1
Lvl First10 x 6
Bathroom - Full, Bathroom - With Shower Stall
Listing Agent: Paul C. Coogan
Listing Office: Brad Hutchinson Real Estate
MLS® Number: 73575250
