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Medford 02155 West Medford
10 Ronaele Rd
$665,000
● House - Off Market

10 Ronaele Rd

Medford, MA 02155
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,636 Ft²
$1,013,476
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

MULTIPLE OFFERS NOTIFICATION, please submit your highest and best Offers by 5 pm today 3/21/2016 Thank you, welcome home to this beautiful gut renovated home, with new kitchen and bathrooms, and new electrical, plumbing, heating and cooling systems and also ,new roof. This home is located in a very nice neighborhood, near schools and commuter rail to the city , and the highways. The home is designed with open concept, with a beautiful kitchen island with granite tops, stainless steel appliances, huge living room and dining room with plenty of natural lights.   The finished basement consist of 1 full bathroom and a  bedroom and a good size living room , with access to the back yard,ideal for in law apartment.  Do not miss this nice home.
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$366
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1940

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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: 6 months ago (MLSPIN #71971046)

Price History

Date / Event Date Event Price
May 2, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by Solutions Realty Group $599,000
Listed by Solutions Realty Group
Oct 23, 2015 Sold
Premium
Sold
Sep 22, 2015 Listed by Solutions Realty Group $439,900
Listed by Solutions Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6,175
  • Total Building Area: 1,780
  • Gross Building Area: 3,285
  • Building Area: 1,780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 339102

Geography

  • Account Number: 2373
  • Parcel: MEDF M:F-05 B:0014
  • Block: 14
  • Municipality: MEDFORD
  • Latitude: 42.4325
  • Longitude: -71.1307

    Address

  • Full Address: 10 Ronaele Rd
  • Address - House Number: 10
  • Address - Street Name: Ronaele
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C040
  • 4-Digit Zip Code: 1521
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,800

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,028,006
  • High Value: 1,207,983
  • Low Value: 848,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $781,300
  • Assessed Land Value: $426,100
  • Assessed Improvements Value: $355,200

    Sales

  • Current Sale Recording Date: May 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1728602
  • Previous Sale Recording Date: Oct 23, 2015
  • Previous Sale Contract Date: Oct 23, 2015
  • Previous Sale Amount: $382,000
  • Previous Sale Document Type: O
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:

$995,000

Sale Price/ft²

$494

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2208 ft²

Average Home Age

58.8 years

Currently For Sale

19 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: 6 months ago
Data Source: MLS PIN, MLS# 71971046

Frequently Asked Questions

When was property at 10 Ronaele Road built and last sold?
The property at 10 Ronaele Road was built in 1940 and last sold on Jan 1, 1970 for $665,000.
How much is this home worth?
The estimated value of the home located at 10 Ronaele Road is $606,539.
What are some comparable homes to 10 Ronaele Road?
There are currently no comparable homes to 10 Ronaele Road.
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