BMN Boston

Get our mobile app!

Download on the App Store

340 Main St # 310, Melrose MA 02176

Melrose, MA 02176
$260,000
Est. $2,051/month
1
Beds
1
Baths
419
Sq Ft
$621
Price/Sq Ft
1970
Year Built
5
Days on Market
Closed Listed Mar 19, 2025 • MLS# 73347424 Copied!

About this home

Welcome to 340 Main Street. This sleek, studio condo is perfectly situated within the heart of downtown Melrose. Here you are nestled-in close by to the many boutique shops, restaurants and civic offices that have served to anchor Melrose's reputation as a thriving, vibrant community. Enjoy easy access to public transportation by both bus and train for a quick trip around town or commute into Boston. Showcasing updated flooring, new kitchen (2024), fresh paint and a good-sized bathroom. The unit also comes with a deeded parking space (#6) within the Melrose Place Condominium parking lot along with two shared balconies on the east and west side of the building. The Melrose Place Condominium Trust is well funded and currently engaged in a fully funded project to update and improve both interior and exterior aesthetics through this spring. Whether you are an owner occupied buyer or an investor, this is a fantastic opportunity to buy into one of the best markets in all of Greater Boston!

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
419 sq ft
Total Rooms
2
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $260,000
Final Sale Price: $260,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $621
Sale $/sq ft: $621
This property sold for $621 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$621/sq ft
Area Average
$443/sq ft
Difference
+40.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 419 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 2

Interior

Heating Electric
Cooling Wall Unit(s)
Flooring None
Appliances Range, Refrigerator, Freezer, Range Hood
Fireplace None
Basement N
Laundry Common Area, In Building
Features Internet Available - Broadband

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Has Garage Yes
Features Under, Off Street, Deeded, Exclusive Parking
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,198
Assessed Value $222,000

Interior Features

Flooring:
Appliances: Range, Refrigerator, Freezer, Range Hood
Interior Features: Internet Available - Broadband
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 2
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Off Street, Deeded, Exclusive Parking

Location

Loading map...

Neighborhood

340 Main St # 310, Melrose MA 02176

Melrose, MA 02176

Walkability

Loading Walk Score...

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $183
Homeowners Insurance $200
HOA Fee $353/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

7
Total Days on Market

Property Timeline

Sold
Apr 11, 2025
$260,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 19, 2025
$260,000
Original listing
Agent: Chad Erenhouse Office: Classified Realty Group

Price & Status History

Date Event Price Change
Mar 19, 2025 New Listing Added $260,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$621

Tax History

Year Taxes Assessment
2025 $2,198 $222,000

Financial Details

Annual Property Tax
$2,198
Tax Year 2025
HOA Fee
$353
Per month
Assessed Value
$222,000

Listing Information

Listing Agent Chad Erenhouse
Listing Office Classified Realty Group
Agent MLS ID CN202903
Office MLS ID AN1116
Listing Data Updated Apr 11, 2025 1:17 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

340 Main St # 310, Melrose MA 02176 - Photo 1 340 Main St # 310, Melrose MA 02176 - Photo 2 340 Main St # 310, Melrose MA 02176 - Photo 3 340 Main St # 310, Melrose MA 02176 - Photo 4 340 Main St # 310, Melrose MA 02176 - Photo 5 340 Main St # 310, Melrose MA 02176 - Photo 6 340 Main St # 310, Melrose MA 02176 - Photo 7 340 Main St # 310, Melrose MA 02176 - Photo 8 340 Main St # 310, Melrose MA 02176 - Photo 9 340 Main St # 310, Melrose MA 02176 - Photo 10 340 Main St # 310, Melrose MA 02176 - Photo 11 340 Main St # 310, Melrose MA 02176 - Photo 12 340 Main St # 310, Melrose MA 02176 - Photo 13 340 Main St # 310, Melrose MA 02176 - Photo 14 340 Main St # 310, Melrose MA 02176 - Photo 15 340 Main St # 310, Melrose MA 02176 - Photo 16 340 Main St # 310, Melrose MA 02176 - Photo 17 340 Main St # 310, Melrose MA 02176 - Photo 18 340 Main St # 310, Melrose MA 02176 - Photo 19 340 Main St # 310, Melrose MA 02176 - Photo 20 340 Main St # 310, Melrose MA 02176 - Photo 21 340 Main St # 310, Melrose MA 02176 - Photo 22 340 Main St # 310, Melrose MA 02176 - Photo 23 340 Main St # 310, Melrose MA 02176 - Photo 24 340 Main St # 310, Melrose MA 02176 - Photo 25 340 Main St # 310, Melrose MA 02176 - Photo 26
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour