340 Main Street # 705, Melrose MA 02176

Melrose, MA 02176
$229,000
Est. $1,737/month
1
Baths
302
Sq Ft
$758
Price/Sq Ft
1970
Year Built
6
Days on Market
Pending Listed Nov 24, 2025 • MLS# 73457552 Copied!

About this home

Welcome to Melrose! This penthouse-level studio offers the perfect blend of convenience, functionality, ideal for first-time buyers, downsizers, or investors looking to break into this highly sought-after market. Flooded with natural light, the unit features updated flooring, well-maintained appliances, ample kitchen cabinetry, and a spacious, well-designed bathroom. Residents of the 7th floor enjoy exclusive access to a common balcony with sweeping views, perfect for relaxing or entertaining.The building offers multiple washers and dryers, extra storage located in the building, and professional management in a pet-friendly community. Commuting is effortless with the Wyoming Hill Commuter Rail just around the corner, a bus stop to Oak Grove (Orange Line) right outside the building, and quick access to Route 93 only minutes away. Step outside and enjoy everything vibrant downtown Melrose has to offer,restaurants, cafés, gyms, boutiques, and Supermarket all within walking distance.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Full Bathrooms
1
Living Area
302 sq ft
Total Rooms
1
Stories
1
Entry Level
7

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 302 sq ft
Full Baths 1
Total Rooms 1

Interior

Heating Forced Air, Electric
Cooling Wall Unit(s)
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

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

Parking

Features None
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $1,766
Assessed Value $178,400

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features:

Location

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Neighborhood

340 Main Street # 705, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

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 $147
Homeowners Insurance $200
HOA Fee $232/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

3.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Nov 24, 2025
$229,000
Original listing
Agent: Dot Collection Office: Access
🏠
Listed for Sale
Nov 24, 2025
$229,000
Original listing
Agent: Dot Collection Office: Access
Previous Transaction - MLS #73352088
Full transaction history available when tracking began
🏷️
Previously Sold
May 22, 2025
$220,000
MLS #73352088

Price & Status History

Date Event Price Change
Nov 24, 2025 New Listing Added $229,000
Nov 24, 2025 New Listing Added $229,000
May 22, 2025 Sold $220,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$758

Tax History

Year Taxes Assessment
1766 $1,766 $178,400

Financial Details

Annual Property Tax
$1,766
Tax Year 1766
HOA Fee
$232
Per month
Assessed Value
$178,400

Listing Information

Listing Agent Dot Collection
Listing Office Access
Agent MLS ID TM325586
Office MLS ID AN4691
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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340 Main Street # 705, Melrose MA 02176 - Photo 1 340 Main Street # 705, Melrose MA 02176 - Photo 2 340 Main Street # 705, Melrose MA 02176 - Photo 3 340 Main Street # 705, Melrose MA 02176 - Photo 4 340 Main Street # 705, Melrose MA 02176 - Photo 5 340 Main Street # 705, Melrose MA 02176 - Photo 6 340 Main Street # 705, Melrose MA 02176 - Photo 7 340 Main Street # 705, Melrose MA 02176 - Photo 8 340 Main Street # 705, Melrose MA 02176 - Photo 9 340 Main Street # 705, Melrose MA 02176 - Photo 10 340 Main Street # 705, Melrose MA 02176 - Photo 11 340 Main Street # 705, Melrose MA 02176 - Photo 12 340 Main Street # 705, Melrose MA 02176 - Photo 13 340 Main Street # 705, Melrose MA 02176 - Photo 14

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