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2 Days on market
79 Maple Street Melrose — Photo 1 of 31

79 Maple Street Melrose — Photo 1 of 31

$449,900

Investment Analysis — 79 Maple Street

Melrose, MA 02176 — Wyoming

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 4.70% cap rate and $21,131/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

962

Style

Single Family

Built

1900

79 Maple Street presents a unique opportunity for those looking for their first home or those looking to downsize without transitioning into a condominium. This perfectly "right sized" home offers privacy and the independence of single family living, all situated in an enviable location that highlights the very best of Melrose and is a short stroll to the Wyoming Heights Commuter Rail, bus to the Oak Grove T Station, diverse shopping options, the seasonal Farmers Market, The Middlesex Fells Reservation, schools, parks and a vibrant dining scene. If you have a vision of what you want your home to be, bring your ideas and make Maple Street your home..

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: 481 sq ft (the lesser of 900 sq ft or half the 962 sq ft principal dwelling). Lot size: 1,999 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.

Open Houses

Property Details

Financials

Original Price$449,900
Annual Taxes$4,587

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Carpet
BasementFull, Interior Entry, Sump Pump, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningURA

Property & Lot

Acres0.05
SqFt Lot1,999
Lot Features--

Amenities & Appliances

Gas Water Heater • Range

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2
First
Living RoomKitchenBathroom 1
Living Room
Lvl First

21 x 11

Closet, Flooring - Wood, Window(s) - Bay/Bow/Box, Exterior Access

Kitchen
Lvl First

13 x 13

Flooring - Wood, Exterior Access, Gas Stove

Primary Bedroom
Lvl Second

21 x 11

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second

13 x 10

Bathroom 1
Lvl First

7 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Lighting - Overhead

Listing Provided By

Listing Agent: Lisa Howitt

Listing Office: Compass

MLS® Number: 73581002