1087 Franklin St
Melrose, MA 02176
4 bd 2 ba 2,219 sqft Built 1900 Lot 12,632 sqft single_family
Most recent sale
$1,003,110
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $1,003,110 | MLS #72983628 |
| May 18, 2022 | Listed | $999,900 | MLS #72983628 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $523,100 | $473,200 | $996,300 | $9,863 |
| 2024 | $520,000 | $459,300 | $979,300 | $9,724 |
| 2023 | $358,600 | $417,500 | $776,100 | $8,087 |
| 2022 | $345,300 | $417,500 | $762,800 | $8,063 |
| 2021 | $329,400 | $389,700 | $719,100 | $7,874 |
| 2020 | $329,400 | $347,900 | $677,300 | $7,484 |
| 2019 | $302,700 | $321,500 | $624,200 | $6,748 |
| 2018 | $301,500 | $292,300 | $593,800 | $6,728 |
| 2017 | $268,100 | $278,400 | $546,500 | $6,449 |
| 2016 | $223,500 | $271,400 | $494,900 | $6,102 |
| 2015 | $223,500 | $236,600 | $460,100 | $5,963 |
| 2013 | $223,900 | $198,300 | $422,200 | $5,501 |
| 2005 | $207,500 | $205,600 | $413,100 | $4,024 |
| 2004 | $182,400 | $165,700 | $348,100 | $4,010 |
| 2003 | $165,800 | $150,600 | $316,400 | $3,876 |
Property facts
Year built
1900
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,219 sqft
Lot size
12,632 sqft
ZIP code
02176
City
Melrose
Street
Franklin St
Coordinates
42.47062, -71.07726
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,435
Gross rental yield
7.70%
Implied cap rate
5.00%
Trend-extrapolated value
—
Frequently asked questions
When did 1087 Franklin St last sell?
1087 Franklin St most recently sold on Jul 22, 2022 for $1,003,110.
What is the current tax assessment for 1087 Franklin St?
The most recent total assessment for 1087 Franklin St (year 2025) is $996,300 with $9,863 in property tax.
How does 1087 Franklin St's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $1,003,110.
When was 1087 Franklin St built?
1087 Franklin St was built in 1900.
How does 1087 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 1087 Franklin St?
1087 Franklin St is a 4 bed, 2 bath, 2,219 sqft, 12,632 sqft lot single_family.
Is 1087 Franklin St a flip candidate?
No — 1087 Franklin St does not appear in our flips dataset.
Is 1087 Franklin St a tax-appeal candidate?
No — 1087 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q2
$922.3K
2026 Q3
$933.7K
ZIP 02176 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St