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Stoneham 02180
15 Landers Road
$913,000
● House - Off Market

15 Landers Road

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,560 Ft²
$890,769
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Natural light abounds in this very well maintained home in a beautiful neighborhood close to transportation, highways, restaurants and shopping. The main level features a dine-in kitchen opening to the dining room with sliders to a back deck overlooking a large, level, fenced-in backyard. Completing the first floor is the spacious living room plus the primary bedroom with a full bath plus 2 additional bedrooms and a 2nd bathroom. The spacious walk-out lower level has flexible space ideal for a family room/entertainment area/home office, in-law or gym with kitchenette, a full bath, the laundry room and direct access to the 2 car garage and the backyard patio for summer entertainment. Hardwood floors, central air conditioning, central vacuum, and plenty of storage make this a must see!
Unit Size
2,560 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$343
Property Type
House
Property Taxes
$683
HOA Dues
-
Year Built
1991

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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 #72954325)

Price History

Date / Event Date Event Price
May 6, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by Coldwell Banker Realty - Belmont $879,000
Listed by Coldwell Banker Realty - Belmont

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,600
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,360
  • Total Building Area: 2,560
  • Gross Building Area: 4,112
  • Building Area: 2,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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

Geography

  • Account Number: 7085
  • District: 284
  • Parcel: STON M:08 B:000 L:188
  • Lot: 188
  • Municipality: STONEHAM
  • Latitude: 42.4803
  • Longitude: -71.0852

    Address

  • Full Address: 15 Landers Rd
  • Address - House Number: 15
  • Address - Street Name: Landers
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C020
  • 4-Digit Zip Code: 1409
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $909,400

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 972,252
  • High Value: 1,143,047
  • Low Value: 801,456

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $858,700
  • Assessed Land Value: $400,300
  • Assessed Improvements Value: $458,400

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69020
  • Previous Sale Recording Date: Oct 31, 2014
  • 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 Stoneham

Stats & Trends

Median Asking:

$749,450

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2042 ft²

Average Home Age

78.7 years

Currently For Sale

30 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# 72954325

Frequently Asked Questions

When was property at 15 Landers Road built and last sold?
The property at 15 Landers Road was built in 1991 and last sold on May 6, 2022 for $913,000.
How much is this home worth?
The estimated value of the home located at 15 Landers Road is $902,570.
What are some comparable homes to 15 Landers Road?
There are currently no comparable homes to 15 Landers Road.
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