Melrose, MA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Melrose short-term rental market based on reliable data.

Listings

35 / 56

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$38,301

Middle-Earners Revenue

Occupancy

78%

Middle-Earners Occupancy

Home Value

$885,146

Median Home Sale Price

Top Earners

$61,389

Top-Earners Revenue

Melrose

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Melrose.

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B

Generally Investor friendly

Melrose Regulations

Short‑term rentals are explicitly permitted with a straightforward licensing and registration process, but the 60‑day annual rental cap and required tax collection/annual renewal add a moderate compliance burden that investors can manage.

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About Melrose

Melrose is a city located in the Greater Boston metropolitan area in Middlesex County, Massachusetts, United States. Its population as of the 2020 census was 29,817. It is a suburb located approximately seven miles north of Boston. It is situated in the center of the triangle created by Interstates 93, 95 and U.S. Route 1. The land that comprises Melrose was first settled in 1628 and was once part of Charlestown and then Malden. It became the Town of Melrose in 1850 and then the City of Melrose in 1900.

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