7 Penny Hill Rd Melrose, MA ^$ 650,000

7 Penny Hill Rd

^$ 650,000

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7 Penny Hill Rd

Melrose, MA, 02176

^$ 650,000

Bedrooms3 Baths1.0 Sq 1,352

Monthly Estimate*

^$ 4,055

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Single Family Home for sale in Melrose, MA

for $650,000 with 3 bedrooms and 1 full bath. This 1,352 square foot home was built in 1950 on a lot size of 0.2.

BUYER FINNACING FELL THROUGH: Charming Cape located on a quiet street in Melrose, next to Mount Hood Golf Course. This home offers 3 bedrooms and 1 bath with 1,352 sq. ft. of living space. Enjoy 2 large bedrooms upstairs and 1 bedroom on the first floor, all with abundant natural light. Features include hardwood floors, newer windows, forced hot air heating, and a full basement for storage or expansion. The kitchen is equipped with range, dishwasher, disposal, refrigerator, washer, and dryer. Exterior highlights include vinyl siding, asphalt shingle roof, 3 off-street parking spaces, and a garage for parking, storage, or hobbies. Easy access to highways and Boston makes this home the perfect blend of comfort and convenience.

Single Family Active

Price

^$ 650,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 6,334

Style

Cape

Lot Size

0.2

Year Built

1950

Town/City

Melrose

County/Region

Middlesex

MLS | Web ID

73419926

List By

Romeo Zeqo

Listing Agent

Best Boston Realty, Llc

Broker

Affordability Calculator

$4,583

Per Month

Monthly Principal & Interest: $4,055
Monthly Property Taxes: $528
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Single family listings in Melrose, MA

Average List Price ^$1,055,453

Percent of Sale Price 62%

About Melrose, MA

28,981 Population

7% Since 2002

^$89,874 Median Income

44.24 Median Age

29% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
11/2/2025	$650,000	-4.27%	Price Down
8/20/2025	$679,000		Listed Price

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7 Penny Hill Rd, Melrose, MA, 02176 is a Single Family Home for sale at $650,000 with 1,352 sqft and a lot size of 0.2. 7 Penny Hill Rd has 3 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 02176 which is in Melrose, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/5/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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7 Penny Hill Rd

Single Family Home for sale in Melrose, MA

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