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Medford 02155 North Medford
12 Gordon Rd
$439,000
● House - Off Market

12 Gordon Rd

Medford, MA 02155
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,808 Ft²
$767,099
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Spacious & freshly painted property with a country style feel. Set well back off street on 12,949 square foot lot. The new owner can decide how to utilize the generous space. Can easily be used as a 4 BR, or a 3 BR with a nearly 700 SF master bedroom suite that adds a fireplace and a view of Wright's Pine Hill Tower and the Middlesex Fells Reservation. Features include three fireplaces, three full baths, newer windows, young roof, hardwood floors, and new granite in kitchen. Gas available in house. Easy access to Route 93 & steps to T bus.
Unit Size
1,808 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

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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 #71944325)

Price History

Date / Event Date Event Price
Nov 1, 2023 Sold
Premium
Sold
Sep 30, 2023 In contract -
In contract
Aug 22, 2023 Listed by RE/MAX Andrew Realty Services $1,199,999
Listed by RE/MAX Andrew Realty Services
Apr 30, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by RE/MAX Andrew Realty Services $849,000
Listed by RE/MAX Andrew Realty Services
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • 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: 12,949
  • Total Building Area: 1,808
  • Gross Building Area: 3,124
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000297
  • 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: 340100

Geography

  • Account Number: 2445
  • Parcel: MEDF M:F-11 B:0043
  • Block: 43
  • Municipality: MEDFORD
  • Latitude: 42.4324
  • Longitude: -71.1007

    Address

  • Full Address: 12 Gordon Rd
  • Address - House Number: 12
  • Address - Street Name: Gordon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C007
  • 4-Digit Zip Code: 1817
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $686,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 1,009,797
  • High Value: 1,187,676
  • Low Value: 831,918

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $793,600
  • Assessed Land Value: $342,500
  • Assessed Improvements Value: $451,100

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124791
  • Previous Sale Recording Date: Apr 30, 2021
  • Previous Sale Contract Date: Apr 29, 2021
  • Previous Sale Amount: $962,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 North Medford

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$472

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2180 ft²

Average Home Age

85.6 years

Currently For Sale

20 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71944325

Frequently Asked Questions

When was property at 12 Gordon Road built and last sold?
The property at 12 Gordon Road was built in 1920 and last sold on Nov 1, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 12 Gordon Road is $1,185,808.
What are some comparable homes to 12 Gordon Road?
There are currently no comparable homes to 12 Gordon Road.
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