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Stoneham 02180 Wyoming
11 Philips Rd
$510,000
● House - Off Market

11 Philips Rd

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$747,639
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

*PRICE REDUCTION*Close to Boston, this location is a commuter's delight!  Just minutes from Rte 93 , with a T station and bus station only blocks away.  This home is located in a quaint neighborhood that offers all the perks..  Downtown Melrose and Stoneham are very close by with a number local shopping spots and restaurants.  There are also a number of parks and a hiking trail nearby.  And of course, Boston is a quick drive away if you are looking for a night on the town.  Bring your creativity and ideas to this home as you can remodel it with your own  style and flair.  This home needs  some work, but will definitely be worth the sweat equity if you've always wanted to build your dream home.  This home is awaiting your touch!  Property is being sold "as is".
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$342
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72555305)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Aug 27, 2019 Listed by Arris Realty $524,900
Listed by Arris Realty
Oct 22, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 768
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,042
  • Total Building Area: 1,536
  • Gross Building Area: 3,216
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • 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: 6143
  • District: 284
  • Parcel: STON M:04 B:000 L:76
  • Lot: 76
  • Municipality: STONEHAM
  • Latitude: 42.4547
  • Longitude: -71.0813

    Address

  • Full Address: 11 Philips Rd
  • Address - House Number: 11
  • Address - Street Name: Philips
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C022
  • 4-Digit Zip Code: 4425
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,800

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 725,962
  • High Value: 853,628
  • Low Value: 598,295

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $632,500
  • Assessed Land Value: $360,400
  • Assessed Improvements Value: $272,100

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170456
  • Previous Sale Recording Date: Oct 22, 1993
  • Previous Sale Amount: $180,000
  • 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 Wyoming

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$499

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1573 ft²

Average Home Age

92.6 years

Currently For Sale

8 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
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: 5 months ago
Data Source: MLS PIN, MLS# 72555305

Frequently Asked Questions

When was property at 11 Philips Road built and last sold?
The property at 11 Philips Road was built in 1930 and last sold on Nov 1, 2019 for $510,000.
How much is this home worth?
The estimated value of the home located at 11 Philips Road is $530,093.
What are some comparable homes to 11 Philips Road?
There are currently no comparable homes to 11 Philips Road.
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