601 Franklin St APT 2, Melrose, MA, 02176
About This Home
Stop renting and start living the Melrose lifestyle! This spacious 3-bedroom condo offers an unbeatable 0.2-mile walk to the commuter rail, making your Boston commute a breeze. Inside, you'll find charming coffered ceilings, an open layout, and a fully equipped kitchen with Haier refrigerator (2022), Bosch dishwasher (2022) and gas range. Modern must-haves are all here—in unit laundry with 2024 LG all-in-one washer/dryer combo, extra storage, and a warm, pet-friendly community. Most importantly, your monthly budget is predictable: heat and hot water are included in the condo fee! Nestled near the famous Sheepfold trails and just half a mile from local pet care and grooming, it’s a paradise for you and your four-legged friends. Low maintenance, high convenience, and a rare 3-bedroom find in Melrose’s most walkable pocket.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Frame,Brick,Stone
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator
- Laundry features: First Floor,In Unit
Bathroom1
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Crown Molding
- Level: First
- Area: 39.722222222
Bedroom2
- Features: Flooring - Hardwood, Lighting - Overhead, Crown Molding
- Level: First
- Area: 103.020833333
Bedroom3
- Features: Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding
- Level: First
- Area: 132
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Coffered Ceiling(s), Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
- Level: First
- Area: 175.055555555
Features
- Flooring: Tile,Hardwood
- Number of fireplaces: 1
- Fireplace features: Dining Room
- Fireplace: Yes
- Finished area above ground: 1,330
- Common walls with other units/homes: Corner
Heating & Cooling
- Heating features: Steam
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,330
- Total interior livable area: 1,330 sqft
Kitchen
- Features: Flooring - Hardwood, Pantry, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
- Level: First
- Area: 106.729166666
Living Room
- Features: Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
- Level: First
- Area: 104.444444444
Master Bathroom
- Features: No
Master Bedroom
- Features: Coffered Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
- Level: First
- Area: 176.416666666
Property
Details
- Parcel number: M:B12 P:053012,4676706
- Attached to another structure: Yes
- Zoning: URC
- Exclusions: Washer And Dryer Combo
Features
- Entry location: Unit Placement(Front)
Parking
- Total spaces: 1
- Parking features: Off Street
- 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 | $2,422 | $29,064 |
| Home Insurance * | $110 | $1,320 |
| Property Taxes | $395 | $4,740 |
| Electricity | $354 | $4,259 |
| Total | $3,281 | $39,372 |
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 |
|---|---|---|
| 2026-05-06 | Listed for sale | $499,900 |
| 2026-04-03 | Listing removed | $498,500 |
| 2026-03-30 | Listed for sale | $498,500 |
| 2026-03-18 | Contingent | $499,900 |
| 2026-03-11 | Price change | $499,900 |
| 2026-02-12 | Price change | $519,900 |
| 2026-01-28 | Listed for sale | $525,000 |
| 2022-01-20 | Sold | $450,000 |
| 2021-12-17 | Pending sale | $439,900 |
| 2021-12-07 | Listed for sale | $439,900 |
| 2015-07-29 | Sold | $299,900 |
| 2015-06-05 | Pending sale | $299,900 |
| 2015-05-26 | Price change | $299,900 |
| 2015-05-13 | Listed for sale | $324,900 |
| 2006-01-19 | Sold | $294,400 |
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