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Stoneham 02180
104 Summer St
$370,000
● House - Off Market

104 Summer St

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$574,871
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Great opportunity!  Older Colonial could use updating. Large Lot, Low Maintenance Siding. Good Location and Price, makes it affordable to renovate, expand or build your dream house. Flexible floor plan has two bedrooms, and full bath on second floor. Third Bedroom is on the first floor. (currently used as a family room)  Enjoy your morning coffee relaxing in the cozy three season porch.  Approximate  Improvements:  Front roof 2 years, back roof 15 years, furnace 10 years, oil tank  5 years.    Gas hot water tank replaced, chimney pointed.  Convenient to  Rte. 128/93, Redstone Shopping Center, Library, Theater, and Schools.   Bring your decorating ideas and make this home your new beginning.      Estate Sale, "Sold as-is" Buyer is responsible for verifying all information contained in this listing.
Unit Size
1,810 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$204
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72154922)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Sep 15, 2020 Listed by Boardwalk Real Estate $549,900
Listed by Boardwalk Real Estate
Aug 16, 2017 Sold
Premium
Sold
Apr 28, 2017 Listed by Boardwalk Real Estate $369,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,332
  • Total Building Area: 1,810
  • Gross Building Area: 3,274
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000283
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Stoneham School District
  • School Tax School District: STONEHAM SD
  • Census Tract: 337300

Zoning

  • Zoning: RA

Geography

  • Account Number: 1844
  • District: 284
  • Parcel: STON M:13 B:000 L:70
  • Lot: 70
  • Municipality: STONEHAM
  • Latitude: 42.4779
  • Longitude: -71.0942

    Address

  • Full Address: 104 Summer St
  • Address - House Number: 104
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C011
  • 4-Digit Zip Code: 1844
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,200

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 715,907
  • High Value: 841,806
  • Low Value: 590,009

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,000
  • Assessed Land Value: $350,500
  • Assessed Improvements Value: $263,500

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 217078
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Amount: $370,000
  • 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 Stoneham

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2119 ft²

Average Home Age

75.3 years

Currently For Sale

28 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72154922

Frequently Asked Questions

When was property at 104 Summer Street built and last sold?
The property at 104 Summer Street was built in 1900 and last sold on Nov 16, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 104 Summer Street is $558,008.
What are some comparable homes to 104 Summer Street?
There are currently no comparable homes to 104 Summer Street.
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