
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First17.7 x 12.7
Ceiling Fan(s), Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First13.8 x 10.1
Ceiling Fan(s), Open Floorplan
Kitchen
Lvl Main,First13.3 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 Main8 x 7.5
Primary Bedroom
Lvl Main,First11.7 x 9.3
Ceiling Fan(s), Closet, Flooring - Wood, Lighting - Overhead, Beadboard
Bedroom 2
Lvl Second12.1 x 9
Bedroom 3
Lvl Second9.8 x 9
Closet, Flooring - Wood
Bathroom 2
Lvl Second9.1 x 9.1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Sconce, Lighting - Overhead
Listing Agent: Annette Gregorio
Listing Office: Leading Edge Real Estate
MLS® Number: 73578392

