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Stoneham 02180
107 Spring St
$510,000
● House - Off Market

107 Spring St

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$2,810
Est. Monthly

About This Property

Welcome to this promising fixer-upper in Stoneham!  This 3-bedroom plus office, 1-bathroom  home is a blank canvas waiting for your creative touch. While it needs significant work, it presents a fantastic opportunity for investors or those looking to customize their dream home.  The property is being sold in "as-is" condition
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$367
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1933

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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 #73181777)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 29, 2023 In contract -
In contract
Nov 19, 2023 Listed by Better Homes and Gardens Real Estate - The Masiello Group $479,900
Listed by Better Homes and Gardens Real Estate - The Masiello Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 684
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,125
  • Total Building Area: 1,308
  • Gross Building Area: 2,404
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • 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: 337102

Zoning

  • Zoning: RA

Geography

  • Account Number: 4238
  • District: 284
  • Parcel: STON M:02 B:000 L:145
  • Lot: 145
  • Municipality: STONEHAM
  • Latitude: 42.4825
  • Longitude: -71.0812

    Address

  • Full Address: 107 Spring St
  • Address - House Number: 107
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1441
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 597,273
  • High Value: 708,096
  • Low Value: 486,449

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,900
  • Assessed Land Value: $350,300
  • Assessed Improvements Value: $179,600

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146281
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

2099 ft²

Average Home Age

73.4 years

Currently For Sale

27 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# 73181777

Frequently Asked Questions

When was property at 107 Spring Street built and last sold?
The property at 107 Spring Street was built in 1933 and last sold on Dec 19, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 107 Spring Street is $491,277.
What are some comparable homes to 107 Spring Street?
There are currently no comparable homes to 107 Spring Street.
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