$350,000
Open Sun 11AM - 1PM
- 4 Beds
- 2 Baths
- 1,980 Sq Ft
119 Homestead Ave, Albany, NY 12203
Marshall Morgan Empire Real Estate Firm LLC
Frequently Asked Questions
Is Melrose a good place to live?
Melrose is a good place to live. Melrose is considered fairly walkable and bikeable with great 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 13.0 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% of residents renting and 54% 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 $325,000. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $1,670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K 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 15:1 and an average review score of 3.4.
- William S Hackett Middle School has a B Niche grade and a student teacher ratio of 9:1.
- Pine Hills Elementary School has a B- Niche grade and a student teacher ratio of 15:1.
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.
- Blessed Sacrament School has a student teacher ratio of 11:1.
- Our Savior's Lutheran School has a student teacher ratio of 15:1.
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, Campus Area and Beverwyck.
