Active
451 Days on market
8 Crystal Street #2 Melrose — Photo 1 of 17

8 Crystal Street #2 Melrose — Photo 1 of 17

Recent Drop: $20,000

$739,900
$719,900

$719,900

Investment Analysis — 8 Crystal 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 1.86% cap rate and $13,361/yr in estimated NOI at the $719,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

955

Style

Condominium

Built

1900

Be one of the first to own at Ell Pond Condominiums! Don’t miss your chance this one level 2 bed, 2.5 bath condominium in this beautifully renovated complex—completely gutted and rebuilt from the inside out! This thoughtfully designed unit offers a bright and open floor plan that seamlessly blends the living room, dining area, and state-of-the-art kitchen. The kitchen features quartz countertops, abundant cabinetry, a stylish tile backsplash, recessed lighting, and stainless steel appliances—perfect for both everyday living and entertaining. Step out onto your private 14’ x 7’ balcony and enjoy serene views of Ell Pond. Inside, the living and dining areas are finished with elegant crown molding and engineered hardwood floors throughout the unit. The primary bedroom includes a tray ceiling, walk-in closet, and the modern bath that are outfitted with ceramic tile flooring. Added convenience with in-unit laundry and off-street parking for one vehicle. Call LR for showings

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$759,900
Annual Taxes$7,487
HOA Fee$405.84

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Wood Laminate, Engineered Hardwood
BasementN

Climate & Utilities

HeatingElectric, Individual, Unit Control, Wall Furnace, Air Source Heat Pumps (ASHP), Ductless
CoolingCentral Air, Individual, Unit Control, Ductless
WaterPublic, Individual Meter
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningBD

Property & Lot

Acres0.12
SqFt Lot5,375
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2Bathroom 3
Living Room
Lvl Second

15 x 11

Balcony / Deck, Balcony - Exterior, Cable Hookup, Open Floorplan, Lighting - Overhead, Flooring - Engineered Hardwood

Dining Room
Lvl Second
Kitchen
Lvl Second

15 x 11

Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Cable Hookup, Open Floorplan, Recessed Lighting, Flooring - Engineered Hardwood

Master Bedroom
Lvl Second

11.333333333 x 9.833333333

Closet, Cable Hookup, Tray Ceiling(s), Flooring - Engineered Hardwood

Bedroom 2
Lvl Second

12.75 x 9.416666666

Bathroom 1
Lvl Second

4 x 4

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

9 x 5

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

9 x 5

Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$719,900

Was $739,900

Sep 4, 2025

MLS® 73393118

Listed
$759,900

Jun 18, 2025

MLS® 73393118

Listing Provided By

Listing Agent: John Bulman

Listing Office: Brad Hutchinson Real Estate

MLS® Number: 73393118