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9 Ledge St, Melrose, MA, 02176

3beds
3baths
1,528sqft
$1,175,000
$769price/sqft
$7,518/moest. monthly cost
$300,720/yrincome needed

About This Home

New-construction single-family home with 3 bedrooms and 2.5 baths. The first floor offers a living area with gas fireplace, open-concept eat-in kitchen, and separate flex space for dining, entertaining, or additional living. Kitchen features Bosch appliances, custom cabinetry, quartz countertops, full-height quartz backsplash, and dedicated coffee station. Oversized sliders open to the patio, backyard, and separate fire pit area. White oak hardwood flooring throughout. Half bath and first-floor laundry hookup complete the main level. The second floor includes a primary suite with cathedral ceiling and ensuite bath with walk-in shower, two additional bedrooms, a full bath with soaking tub, study nook, and pull-down attic storage. Multi-zone heating and cooling, professionally designed hardscaping, three off-street parking spaces with an EV charging station, all-electric construction designed for solar integration, and easy access to downtown Melrose, schools, parks, and major commuter routes.

Getting Around

45
WalkingCar-Dependent
27
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

10/10
6/10
Melrose Middle SchoolGrades 6-81.1 mi
10/10
Melrose High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Stone
  • Roof: Wood
  • Construction materials: Frame,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Range,Disposal,Microwave,Refrigerator,Freezer,Range Hood
  • Laundry features: Electric Dryer Hookup,Washer Hookup,First Floor

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bedroom2

  • Features: Closet
  • Level: Second

Bedroom3

  • Features: Closet
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Home Office,Walk-up Attic,Finish - Sheetrock
  • Door features: Insulated Doors,Storm Door(s)
  • Window features: Insulated Windows
  • Flooring: Wood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,528

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,528
  • Total interior livable area: 1,528 sqft

Kitchen

  • Features: Pantry, Kitchen Island, Breakfast Bar / Nook
  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Cathedral Ceiling(s), Closet
  • Level: Second

Office

  • Level: First

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: M:E14 P:0000045,660541
  • Zoning: URA

Features

  • Patio & porch: Patio
  • Exterior features: Patio,Professional Landscaping,Garden,Stone Wall

Lot

  • Lot size: 4,051 sqft
  • Features: Sloped

Parking

  • Total spaces: 3
  • Parking features: Off Street,Stone/Gravel
  • Uncovered spaces: 3

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
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

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

MonthlyAnnual
Mortgage $5,941$71,292
Home Insurance *$271$3,252
Property Taxes $952$11,424
Electricity $354$4,259
Total$7,518$90,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$257,760/yr
40% on housing$225,540/yr
45% on housing$200,480/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$769This listing

vs Other Active Listings

Avg $/sqft

ZIP 02176$362
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02176$461
Middlesex County$413

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

DateEventPrice
2026-06-24Listed for sale$1,175,000
2026-03-22Listing removed$1,075,000
2026-01-22Listed for sale$1,075,000
2025-01-15Sold$425,000
2024-12-13Contingent$439,900
2024-12-11Listed for sale$439,900
2024-11-16Contingent$375,000
2024-11-13Listed for sale$375,000

For Sale by Agent

AgentDionysios Kaskarelis
BrokerageBarrett Sotheby's International Realty

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