CCertihomes
560 Lebanon #302, Melrose, MA 02176

$3,900

2 beds 2 baths 1,200 sqft4 days on marketActive

About this home

Luxury condo with the best views in Melrose! Crystal Lake has been the most desired rental building for years and availability is scarce. The building features elevator access direct from your covered parking area equipped w/ a heated driveway; very convenient for New England winters! No unit in the building shares any walls and the concrete between floors eliminates nearly all sound. This unit features an open living area with a gas fireplace and a large kitchen with eat-in peninsula. There’s a large deck off of the living room which is perfect for your morning coffee or enjoying the sunset with a glass of wine. The primary bedroom has a walk-in closet, ensuite bathroom, and another private balcony overlooking the pond. In-unit laundry, central a/c, and two covered parking spaces are added conveniences. This downtown location is just minutes from all Melrose has to offer, including grocery, restaurants, shopping, coffee shops, and so much more! This is the best unit in the building!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$559/mo

Real estate (PITI + HOA + PMI)
$83
Principal + interest$25
Property tax + insurance$57
PMI / 2nd mortgage$1
Utilities
$522
Heating + cooling$99
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$559/mo TLC
Budget$5,000/mo
Remaining after TLC$4,441/mo
Purchase price
$3,900
Down payment
$195 (5%)
Loan amount
$3,705
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
Lot size
Stories
0
Heating
Natural Gas
Cooling
Water
HOA
Annual tax
MLS #
73229326
County
Middlesex

At a glance

Fireplace
Balcony
Waterfront

Home features

Interior
Elevator
Exterior
Balcony
Community
Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityBike PathConservation Area

Neighborhood — 02176

MetricThis ZIPCountyUSA
Population31,8986,444,931299,088,112
Population Change Since1990-4.00%7.00%20.00%
Population Density6,884786
Male15,2023,127,134147,432,321
Female16,6963,317,797151,655,844
Never Married7,3121,612,88563,775,926
Married14,4272,586,314123,120,365
Separated848247,85712,639,686
Widowed1,985363,59415,467,586
Divorced1,756436,88823,075,029
Number Of House Hold12,9112,431,591111,826,380
Average House Hold Size2.442.562.60
Medial Age40.8237.2535.46
Median House Hold Income$71,817$57,698$48,276
Average House Hold Income$83,191$75,023$63,629
P C I$34,198$29,196$24,529
M D I$58,354$48,105$41,133
A T H E$61,944$57,083$50,898
S T R5.00%5.00%
W C J79.65%81.38%77.74%
(Zip) Code
2176

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.