$299,999
- 3 Beds
- 2.5 Baths
- 1,761 Sq Ft
22 Fairlawn Ave, Albany, NY 12203
Abdulai Mohamed Kearney Brown Realty
Frequently Asked Questions
Is Melrose a good place to live?
Melrose is a good place to live. Melrose is considered somewhat walkable and bikeable with good transit options. Melrose is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Melrose has 7 parks for recreational activities. It is fairly dense in population with 12.6 people per acre and a median age of 40. The average household income is $87,994 which is below the national average. College graduates make up 62.7% of residents. A majority of residents in Melrose are home owners, with 46.5% of residents renting and 53.5% of residents owning their home. A local real estate agent serving Melrose can help you decide if this neighborhood is the right one for you. Learn more on our Melrose neighborhood guide.
Is Melrose, NY a safe neighborhood?
Melrose, NY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Melrose?
The median home price in Melrose is $299,000. If you put a 20% down payment of $59,800 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Melrose. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Melrose is $88K.
What are the best public schools in Melrose?
The best public schools that serve Melrose are:
- Albany High School has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 3.4.
- William S Hackett Middle School has a B Niche grade and a student teacher ratio of 8:1.
- Pine Hills Elementary School has a B- Niche grade and a student teacher ratio of 12:1.
What are the best private schools in Melrose?
The best private schools that serve Melrose are:
- Mater Christi School has a student teacher ratio of 12:1.
- All Saints Catholic Academy has a student teacher ratio of 14:1.
- Blessed Sacrament School has a student teacher ratio of 11:1.
What are the most popular zip codes in Melrose, Albany, NY?
What are the most popular neighborhoods near Melrose, Albany, NY?
The most popular neighborhoods near Melrose, Albany, NY are Buckingham Lake-Crestwood, Upper Washington Avenue, Pine Hills, Beverwyck and Campus Area.
Are home prices dropping in Melrose?
Yes, home prices in Melrose are down 5% in the last 12 months.
