406 Main St
Melrose, MA 02176
2 bd 2 ba 1,110 sqft Built 1900 condos
Most recent sale
$550,000
Oct 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 25, 2022 | Sold | $550,000 | MLS #73024151 |
| Sep 6, 2022 | Price changed | $550,000 | MLS #73024151 |
| Aug 11, 2022 | Listed | $575,000 | MLS #73024151 |
| Jun 25, 2013 | Sold | $329,000 | MLS #71505728 |
| May 7, 2013 | Price changed | $329,000 | MLS #71505728 |
| Apr 9, 2013 | Listed | $324,900 | MLS #71505728 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $518,000 | — | $518,000 | $5,128 |
| 2024 | $512,200 | — | $512,200 | $5,086 |
| 2023 | $497,900 | — | $497,900 | $5,188 |
| 2022 | $477,900 | — | $477,900 | $5,051 |
| 2021 | $476,100 | — | $476,100 | $5,213 |
| 2020 | $476,100 | — | $476,100 | $5,261 |
| 2019 | $426,400 | — | $426,400 | $4,609 |
| 2018 | $346,000 | — | $346,000 | $3,920 |
| 2017 | $333,700 | — | $333,700 | $3,938 |
| 2016 | $311,900 | — | $311,900 | $3,846 |
| 2015 | $311,900 | — | $311,900 | $4,042 |
| 2013 | $266,300 | — | $266,300 | $3,470 |
Property facts
Year built
1900
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,110 sqft
Lot size
—
ZIP code
02176
City
Melrose
Street
Main St
Coordinates
42.45338, -71.06668
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,219
Gross rental yield
7.02%
Implied cap rate
4.57%
Trend-extrapolated value
—
Frequently asked questions
When did 406 Main St last sell?
406 Main St most recently sold on Oct 25, 2022 for $550,000.
What is the current tax assessment for 406 Main St?
The most recent total assessment for 406 Main St (year 2025) is $518,000 with $5,128 in property tax.
How does 406 Main St's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $550,000.
When was 406 Main St built?
406 Main St was built in 1900.
How does 406 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 406 Main St?
406 Main St is a 2 bed, 2 bath, 1,110 sqft condos.
Is 406 Main St a flip candidate?
No — 406 Main St does not appear in our flips dataset.
Is 406 Main St a tax-appeal candidate?
No — 406 Main 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 Main St