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5 Days on market
9 Tappan St #9 Melrose — Photo 1 of 22

9 Tappan St #9 Melrose — Photo 1 of 22

$669,000

Investment Analysis — 9 Tappan St #9

Melrose, MA 02176

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02176 carries an estimated $3,380/mo in gross rent — about a 3.44% cap rate and $23,004/yr in estimated NOI at the $669,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,310

Style

Condominium

Built

1900

Welcome to 9 Tappan Street, where thoughtful updates, exceptional space, and unbeatable convenience come together in the heart of Melrose!This beautiful duplex offers the space and feel of a single-family home with the ease of condo living. Set on a leafy side street, this home features three levels of living space, hardwood floors, high ceilings, and an open kitchen/dining area with granite countertops and modern finishes. Upstairs, two bedrooms and a full bath provide privacy, while a flexible third bedroom is ideal for a home office, gym, guest room, or nursery. The outdoor living space includes a private patio & shed and shared lawn/garden, perfect for outdoor enjoyment. Additional highlights include off street parking, in-unit laundry, and a prime location just ½ mile from Wyoming Hill Commuter Rail, with easy access to downtown Melrose, Whole Foods, Turner's Seafood, Starbucks, restaurants, and shops. A rare combination of space, flexibility, outdoor living, parking, and commuter convenience!

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$669,000
Annual Taxes$5,722
HOA Fee$175

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningURA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3
Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenOfficeBathroom 1
Living Room
Lvl First

12.4 x 12.6

Dining Room
Lvl First

12.6 x 9.6

Kitchen
Lvl First

10.5 x 12.2

Office
Lvl First

6.3 x 5.5

Master Bedroom
Lvl Second

10.9 x 12.3

Bedroom 2
Lvl Second

10.9 x 12.3

Bedroom 3
Lvl Third

16.1 x 12.5

Bathroom 1
Lvl First

7.3 x 5.2

Bathroom 2
Lvl Second

7.2 x 4.1

Listing Provided By

Listing Agent: Kristin Atwood

Listing Office: Coldwell Banker Realty - Milton

MLS® Number: 73572679