CCertihomes
86-88 Melrose St., Arlington, MA 02474

$1,050,000

5 beds 2 baths 2,833 sqft Built 19254 days on marketActive

About this home

COVETED LOCATION:: This classic 11 room two family home is perfectly sited on a tranquil tree lined St. in East Arlington. The first floor unit consists of living room, dining room, kitchen, two bedrooms, full bath, front and back porch. The second floor consists of a large living room, den, dining room, kitchen, two bedrooms enclosed back porch and full bath with an expansive third floor bedroom as well as a large unfinished space. A full basement, separate heat and utilities, level yard and two car garage awaits your updates. Convenient to Alewife T, bike path, restaurants, shopping and all major routes.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,296/mo

Real estate (PITI + HOA + PMI)
$7,137
Principal + interest$4,762
Property tax + insurance$1,981
PMI / 2nd mortgage$394
Utilities
$678
Heating + cooling$177
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$110
Car insurance + maintenance$110
Other (entertainment)
$158
$7,296/mo TLC
Budget$7,796/mo
Remaining after TLC$500/mo
Purchase price
$1,050,000
Down payment
$52,500 (5%)
Loan amount
$997,500
APR
4%

Quick facts

Type
2 Family - 2 Units Up/Down
Style
Year built
1925
Lot size
0.12 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$11,125
MLS #
73239446
County
Middlesex

At a glance

Basement
Garage (2)
Dishwasher
Balcony

Home features

Appliances
RangeDishwasherRefrigerator
Interior
Bathroom With Tub & ShowerWalk-Up AtticPantryLiving RoomDining RoomKitchenLaundry RoomSunroom
Exterior
Balcony/Deck
Community
Public TransportationShoppingWalk/Jog TrailsBike PathHighway AccessHouse of WorshipPublic SchoolSidewalks
Parking
Paved Drive
Flooring
Tile, Hardwood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Schools

Elementary
Hardy
Middle
Gibbs/Ottoson
High
A.H.S.

Neighborhood — 02474

MetricThis ZIPCountyUSA
Population25,7926,444,931299,088,112
Population Change Since1990-7.00%7.00%20.00%
Population Density7,664786
Male12,1123,127,134147,432,321
Female13,6803,317,797151,655,844
Never Married7,3261,612,88563,775,926
Married10,7692,586,314123,120,365
Separated488247,85712,639,686
Widowed1,847363,59415,467,586
Divorced1,512436,88823,075,029
Number Of House Hold11,6002,431,591111,826,380
Average House Hold Size2.212.562.60
Medial Age40.9637.2535.46
Median House Hold Income$69,438$57,698$48,276
Average House Hold Income$82,009$75,023$63,629
P C I$37,206$29,196$24,529
M D I$56,849$48,105$41,133
A T H E$61,421$57,083$50,898
S T R5.00%5.00%
W C J83.41%81.38%77.74%
(Zip) Code
2474

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 5/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.