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Stoneham 02180
111 Franklin St
$265,000
● House - Off Market

111 Franklin St

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,339 Ft²
$579,309
RealtyHop Estimate
118.61%
Since Apr 1, 2009
MA-Boston
Primary Model

About This Property

Classic vintage charm in this well maintained older style Colonial with a professionally landscaped front that provides a warm welcome.  Natural wood work and hardwood floors throughout, newer eat-in kitchen with wood cabinets and ceramic tile floor, ceramic tile bath. Double pane windows and vinyl siding 4 yrs. old. Newer Burnham furnace, electric service has been updated with a 200 amp. circuit breaker main panel and a 60 amp sub-panel for the kitchen. Rear roof is approximately 10 years old.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$198
Property Type
House
Property Taxes
$256
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 years ago (MLSPIN #70846199)

Price History

Date / Event Date Event Price
Mar 20, 2009 Sold
Premium
Sold
Nov 12, 2008 Listed by LAER Realty Partners $265,000
Listed by LAER Realty Partners

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 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: 650
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,349
  • Total Building Area: 1,339
  • Gross Building Area: 2,185
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • 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: RB

Geography

  • Account Number: 1436
  • District: 284
  • Parcel: STON M:13 B:000 L:176
  • Lot: 176
  • Municipality: STONEHAM
  • Latitude: 42.4766
  • Longitude: -71.0933

    Address

  • Full Address: 111 Franklin St
  • Address - House Number: 111
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C011
  • 4-Digit Zip Code: 1802
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,700

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 554,664
  • High Value: 641,326
  • Low Value: 468,003

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $480,400
  • Assessed Land Value: $293,800
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Recording Date: Mar 20, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00045617
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:

$744,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2139 ft²

Average Home Age

64.6 years

Currently For Sale

31 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 years ago
Data Source: MLS PIN, MLS# 70846199

Frequently Asked Questions

When was property at 111 Franklin Street built and last sold?
The property at 111 Franklin Street was built in 1900 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 111 Franklin Street is $0.
What are some comparable homes to 111 Franklin Street?
There are currently no comparable homes to 111 Franklin Street.
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