Technical
Financial
Distress signals
Property profile

411 Main St 417 Melrose, MA 02176

OFF-MARKET
Turn key restaurants
Property ID
US38-0584661
3,192 SF 0.09 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction FRAME
Total area 3,192 SF
Lot 0.09 ac (3,933 SF)
Zoning code BA1
APN MELR M:0C6 P:0000052
UPID US38-0584661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

411 Main St, Unit 417 Melrose, MA 02176-3837
Melrose metro Census 336300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.74M

Owner & transaction history

since 2024
Last sale
$1.7M
7 recorded transactions
2024
$1.7M
2019
$1.5M
2019
$17,500
2001
$770,417
1997
Price N/A
1994
Price N/A
1994
Price N/A

Zoning & alternative use

BA1 · Melrose, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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