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Medford 02155 West Medford
1 Usher Rd
$550,000
● House - Off Market

1 Usher Rd

Medford, MA 02155
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,180 Ft²
$984,543
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

West Medford Victorian oozes charm and detail. The retro-insired large kitchen features granite, stainless fridge and custom solid oak cabinets and leads to a charming dining room with built in china cabinet and hardwood floors; living room is spacious with loads of light. Screened in upper porch offers a quiet retreat for reading or morning coffee, and the full dry basement offers tons of storage. 5 good sized bedrooms and nice closets. Large welcoming front porch and lovely yard create areas for outside living at its best. Newer roof, exterior just painted and full blown-in insulation. Convenient to shops in W.Medford Sq., the commuter rail and highway.
Unit Size
2,180 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$247
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1920

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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 #71732107)

Price History

Date / Event Date Event Price
Oct 23, 2014 Sold
Premium
Sold
Aug 20, 2014 Listed by RE/MAX Leading Edge $539,000
Listed by RE/MAX Leading Edge
Feb 2, 2007 Sold
Premium
Sold
Oct 11, 2006 Listed by RE/MAX Leading Edge $424,500
Listed by RE/MAX Leading Edge
Sep 5, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 3,847
  • Total Building Area: 1,639
  • Gross Building Area: 3,248
  • Building Area: 1,639
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,639
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATE RM ADAMS
  • Land Acres: 0000000088
  • 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: 339200

Geography

  • Account Number: 6598
  • Parcel: MEDF M:K-03 B:0071
  • Block: 71
  • Municipality: MEDFORD
  • Latitude: 42.4225
  • Longitude: -71.1335

    Address

  • Full Address: 1 Usher Rd
  • Address - House Number: 1
  • Address - Street Name: Usher
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C057
  • 4-Digit Zip Code: 2201
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,200

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 860,651
  • High Value: 1,000,589
  • Low Value: 720,713

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $707,700
  • Assessed Land Value: $374,800
  • Assessed Improvements Value: $332,900

    Sales

  • Current Sale Recording Date: Oct 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 161994
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Amount: $390,000
  • 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 West Medford

Stats & Trends

Median Asking:

$992,500

Sale Price/ft²

$494

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2083 ft²

Average Home Age

62.9 years

Currently For Sale

21 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 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 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# 71732107

Frequently Asked Questions

When was property at 1 Usher Road built and last sold?
The property at 1 Usher Road was built in 1920 and last sold on Jan 1, 1970 for $545,000.
How much is this home worth?
The estimated value of the home located at 1 Usher Road is $542,646.
What are some comparable homes to 1 Usher Road?
There are currently no comparable homes to 1 Usher Road.
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