340 Main St APT 606, Melrose, MA, 02176
About This Home
Welcome to 340 Main Street, Unit 606 — a stylishly renovated studio in the heart of Melrose offering an ideal opportunity for a first-time buyer, commuter, or anyone looking for a studio apartment in close proximity to Boston. Thoughtfully updated with a clean, modern feel, this unit makes smart use of space while offering direct access to the adjacent common balcony area — a rare bonus that adds an open, airy feel right outside your door. Located just steps from vibrant downtown Melrose with its restaurants, shops, cafes, and local charm, plus easy access to the commuter rail, public transportation, and Boston, this is simple living in one of the area’s most convenient locations.
Getting Around
Walker's Paradise
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1970
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range,Microwave,Refrigerator
- Laundry features: Common Area,In Building
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Elevator
- Flooring: Tile,Laminate
- Finished area above ground: 290
Heating & Cooling
- Heating features: Electric
- Cooling features: None
Interior Area
- Total structure area: 290
- Total interior livable area: 290 sqft
Property
Details
- Parcel number: M:0C6 P:005856,653905
- Zoning: BA1
Features
- Entry location: Unit Placement(Upper,Back)
- Exterior features: Balcony
Parking
- Total spaces: 1
- Parking features: Deeded
- Uncovered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance * | $55 | $660 |
| Property Taxes | $197 | $2,364 |
| Electricity | $354 | $4,259 |
| Total | $1,819 | $21,828 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-27 | Listed for sale | $239,900 |
| 2003-01-28 | Sold | $75,000 |
For Sale by Agent
View on Zillow