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Medford 02155 North Medford
1 Clematis Rd
$450,000
● House - Off Market

1 Clematis Rd

Medford, MA 02155
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,281 Ft²
$497,710
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Opportunity awaits you! A property with great potential. A private spot for a family compound! The house needs a lot of work but comes with additional land which combined gives  you close to a third of an acre.   This property is being sold "AS IS" , AS SEEN"  It is being sold with additional lots. Buyer to do their own due diligence and is responsible for all approvals.
Unit Size
1,281 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$390
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #73060165)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jan 3, 2023 In contract -
In contract
Nov 25, 2022 In contract -
In contract
Nov 21, 2022 Listed by Lawton Real Estate, Inc $499,000
Listed by Lawton Real Estate, Inc
Nov 10, 2022 Withdrawn -
Withdrawn
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,660
  • Total Building Area: 1,281
  • Gross Building Area: 2,347
  • Building Area: 1,281
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,281
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 340100

Geography

  • Account Number: 1615
  • Parcel: MEDF M:D-13 B:0047
  • Block: 47
  • Municipality: MEDFORD
  • Latitude: 42.4356
  • Longitude: -71.0924

    Address

  • Full Address: 1 Clematis Rd
  • Address - House Number: 1
  • Address - Street Name: Clematis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C024
  • 4-Digit Zip Code: 1301
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $470,600

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 972,552
  • High Value: 1,047,911
  • Low Value: 897,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $544,000
  • Assessed Land Value: $285,100
  • Assessed Improvements Value: $258,900

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83259
  • Previous Sale Recording Date: Sep 01, 1988
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Medford

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$481

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2079 ft²

Average Home Age

87.1 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73060165

Frequently Asked Questions

When was property at 1 Clematis Road built and last sold?
The property at 1 Clematis Road was built in 1910 and last sold on Jul 24, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 1 Clematis Road is $498,679.
What are some comparable homes to 1 Clematis Road?
There are currently no comparable homes to 1 Clematis Road.
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