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46 Maple Rd Melrose — Photo 1 of 33

46 Maple Rd Melrose — Photo 1 of 33

$729,900

Investment Analysis — 46 Maple Rd

Melrose, MA 02176 — Melrose Highlands

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02176 carries an estimated $3,380/mo in gross rent — about a 3.07% cap rate and $22,444/yr in estimated NOI at the $729,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,157

Style

Single Family

Built

1900

Storybook charm, thoughtful updates, and an oversized lot come together in this inviting bungalow, ideally situated in one of Melrose Highlands' most desirable neighborhoods. An enclosed front porch welcomes you home, offering a flexible space ideal for a mudroom, home office, or cozy sitting area, complete with a convenient three-quarter bath. Inside, the beautifully updated kitchen showcases quality cabinetry, a Bosch gas range and refrigerator, Fisher & Paykel drawer dishwasher, stainless steel vent hood, and an open-concept design that flows effortlessly into the living and dining rooms. Elevated windows fill the living room with natural light while maintaining privacy, while the dining room's built-in cabinet adds warmth and character. Ceiling fans throughout the first floor enhance everyday comfort. A first-floor bedroom offers flexibility for guests or one-level living, with two additional bedrooms and a full bath upstairs. Set on a generous 9,579-square-foot lot, the property features a welcoming stone patio, fenced rear yard, and detached one-car garage. Whether you're purchasing your first home, simplifying your lifestyle, or searching for an exceptional condo alternative, this home offers the perfect balance of charm, functionality, and location—just moments from the Melrose Highlands commuter rail, Roosevelt Elementary School, Melrose Middle and High Schools, and the scenic trails of the Middlesex Fells Reservation.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 579 sq ft (the lesser of 900 sq ft or half the 1,157 sq ft principal dwelling). Lot size: 9,579 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$729,900
Annual Taxes$8,382

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Pine, Flooring - Stone/Ceramic Tile
BasementFull, Interior Entry, Dirt Floor, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningURA

Property & Lot

Acres0.22
SqFt Lot9,579
Lot Features--

Amenities & Appliances

Gas Water Heater • Dishwasher • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Range

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
Main,First
Living RoomDining RoomKitchenPrimary Bedroom
Main
Office
Living Room
Lvl Main,First

17.7 x 12.7

Ceiling Fan(s), Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled

Dining Room
Lvl Main,First

13.8 x 10.1

Ceiling Fan(s), Open Floorplan

Kitchen
Lvl Main,First

13.3 x 12.11

Ceiling Fan(s), Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove

Office
Lvl Main

8 x 7.5

Primary Bedroom
Lvl Main,First

11.7 x 9.3

Ceiling Fan(s), Closet, Flooring - Wood, Lighting - Overhead, Beadboard

Bedroom 2
Lvl Second

12.1 x 9

Bedroom 3
Lvl Second

9.8 x 9

Closet, Flooring - Wood

Bathroom 2
Lvl Second

9.1 x 9.1

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Sconce, Lighting - Overhead

Listing Provided By

Listing Agent: Annette Gregorio

Listing Office: Leading Edge Real Estate

MLS® Number: 73578392