340 Main St # 606, Melrose MA 02176

Melrose, MA 02176
$239,900
Est. $1,785/month
1
Baths
290
Sq Ft
$827
Price/Sq Ft
1970
Year Built
1
Parking
98
Days on Market
Sale Pending Listed May 27, 2026 • MLS# 73524877 Copied! • Updated Sep 3, 2026

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About this home

Welcome to 340 Main Street, Unit 606 — a stylishly renovated studio in the heart of Melrose offering an ideal opportunity for a first-time buyer, commuter, or anyone looking for a studio apartment in close proximity to Boston. Thoughtfully updated with a clean, modern feel, this unit makes smart use of space while offering direct access to the adjacent common balcony area — a rare bonus that adds an open, airy feel right outside your door. Located just steps from vibrant downtown Melrose with its restaurants, shops, cafes, and local charm, plus easy access to the commuter rail, public transportation, and Boston, this is simple living in one of the area’s most convenient locations.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Aug 23, 2026
Active → Active Under Contract
Pending Sale
Aug 21, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
May 27, 2026
New showing requirements
🏠
Listed for Sale
May 27, 2026
$239,900
Original listing
Agent: The Ternullo Real Estate Team Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2025 $1,777 $179,500

Financial Details

Annual Property Tax
$1,777
Tax Year 2025
HOA Fee
$224
Monthly
Assessed Value
$179,500

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 290 sq ft
Stories 1
Full Baths 1
Total Rooms 2

Interior

Heating Electric
Cooling None
Flooring Tile, Laminate
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features Elevator

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $1,777
Assessed Value $179,500

HOA & Community

HOA Fee $224 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash
Amenities Elevator(s), Storage
Optional Fee Includes None
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 606
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 99 days

Property Overview

Property Type
Condominium
Listing Type
Sale Pending
Year Built
1970
Full Bathrooms
1
Living Area
290 sq ft
Total Rooms
2
Stories
1
Entry Level
6

Floor Layout

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Microwave, Refrigerator
Interior Features: Elevator
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: None
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

Total Parking Spaces: 1
Parking Features: Deeded
School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

3 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A-
Lincoln School
0.2 mi | #205 of 825 | Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A+
Winthrop School
0.9 mi | #79 of 825 | Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A-
Melrose Middle School
0.9 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.4 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.8 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.8 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
Malden Catholic High School
2.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $148
Homeowners Insurance $200
HOA Fee $224/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
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Current Rate
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+0.5% Rate
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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.

Location

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Neighborhood

340 Main St # 606, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent The Ternullo Real Estate Team
Listing Office Leading Edge Real Estate
Office Phone 781-944-6060
Agent MLS ID TM000416
Office MLS ID AN4648
Listing Data Updated Sep 3, 2026 10:21 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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