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46 Days on market
56 Vinton Street #2 Melrose — Photo 1 of 27

56 Vinton Street #2 Melrose — Photo 1 of 27

$775,000

Investment Analysis — 56 Vinton Street #2

Melrose, MA 02176

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02176 carries an estimated $2,820/mo in gross rent — about a 2.12% cap rate and $16,418/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,218

Style

Condominium

Built

1900

Welcome to Bowden House Condominiums. Grand former single family mansion is now six old world style condos set on 32,000 square feet of land that creates a park like setting. Unit 2 is first floor front that includes two bedrooms, new bathroom, new kitchen. The livingroom in this unit is the original main house parlor 35 feet long with large fireplace, built in window seat and book cases all in warm honey colored natural woodwork. Bowden House Condominiums overlooks Bowden Park where the farmers market takes place every Thursday in the warmer months and looks beyond it to the Cedar Park train station to Boston so you can leave your car at home. The library, wine bar, take out and all of downtown Melrose are within walking distance.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$750,000
Annual Taxes--

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms4
Fireplaces1
FlooringWood
BasementY

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2
Living Room
Lvl First

16 x 28

Flooring - Hardwood, Recessed Lighting, Wainscoting

Kitchen
Lvl First

13 x 11

Master Bedroom
Lvl First

17 x 10

Bedroom 2
Lvl First

10 x 13

Property History

Price Increase
$775,000

Was $750,000

Aug 19, 2026

MLS® 73545693

Listed
$750,000

Jul 28, 2026

MLS® 73545693

Listing Provided By

Listing Agent: Paul C. Coogan

Listing Office: Brad Hutchinson Real Estate

MLS® Number: 73545693