Melrose, MA
5 Beds
3 Baths
Available: 07/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$5,200/mo
Heat Included

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry

Property Description

Welcome to your new home in the heart of Melrose! Nestled on picturesque Swains Pond Avenue, this beautifully maintained property offers the perfect blend of charm, comfort, and convenience.?? 5 Bedrooms?? 2.5 Bathrooms?? Spacious Layout | ?? Private Yard | ?? Off-Street ParkingStep inside to find gleaming hardwood floors, sun-drenched rooms, and a warm, inviting atmosphere. The kitchen features modern appliances and ample cabinet space—perfect for weeknight dinners or entertaining guests.Enjoy your morning coffee on the deck overlooking a serene, tree-lined yard, or take a short stroll to nearby Swains Pond Park for a peaceful walk in nature. Just minutes from Melrose Center, local restaurants, shopping, and the commuter rail—this location offers easy access to Boston while enjoying a quiet, residential setting.

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Price Comparison

The average rent price for 5 bedroom apartments in Melrose is not available. There may be very few units like this currently on the market in Melrose. Contact us today before this great unit is rented!

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$208,000 - $249,600
You + 4 Roommates, Each:
$41,600 - $49,920
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$7,280

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Mid Range

25% of Gross Income

$5,200

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Low Range

15% of Gross Income

$3,120

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Have You Considered Buying Your Own Home?

Instead of paying $5,200/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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