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Stoneham 01880
157 Spring St
$529,000
● House - Off Market

157 Spring St

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,738 Ft²
$611,806
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

If you're looking for Privacy, this place is for you! This Split-Level home lives like an oversized Ranch. Situated on a huge half-acre lush lot, set back off the road and surrounded by Conservation Land, is this well maintained 3-bedroom gem. Hardwood floors throughout the main level, recessed lights, updated 200 AMP electric panel, updated vinyl replacement windows, low maintenance vinyl siding, wood burning fireplace, large 14'x12' Trex Deck off the kitchen, large eat-in-kitchen featuring stainless steel appliances, granite counters, tiled floor & back splash. Looking for gas cooking? No problem! The home already has gas for the 3 year old hot water tank. Finished lower-level with large family room, home office and laundry room. Off street parking can easily accommodate 4 cars. OPEN HOUSE SAT 11/5 from 12-1:30 PM
Unit Size
1,738 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$327
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1962

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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 #73047852)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Nov 9, 2022 In contract -
In contract
Oct 13, 2022 Listed by Coldwell Banker Realty - Winchester $569,000
Listed by Coldwell Banker Realty - Winchester
Feb 1, 2006 Sold
Premium
Sold
Jun 5, 2005 Listed by Coldwell Banker Realty - Winchester $375,000
Listed by Coldwell Banker Realty - Winchester
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,289
  • Total Building Area: 1,738
  • Gross Building Area: 2,458
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000558
  • 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: 4508
  • District: 284
  • Parcel: STON M:02 B:000 L:80
  • Lot: 80
  • Municipality: STONEHAM
  • Latitude: 42.479
  • Longitude: -71.0773

    Address

  • Full Address: 157 Spring St
  • Address - House Number: 157
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1465
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 654,047
  • High Value: 774,410
  • Low Value: 533,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,400
  • Assessed Land Value: $353,300
  • Assessed Improvements Value: $233,100

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1929102
  • Previous Sale Recording Date: Feb 01, 2006
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 48
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# 73047852

Frequently Asked Questions

When was property at 157 Spring Street built and last sold?
The property at 157 Spring Street was built in 1962 and last sold on Dec 15, 2022 for $529,000.
How much is this home worth?
The estimated value of the home located at 157 Spring Street is $573,947.
What are some comparable homes to 157 Spring Street?
There are currently no comparable homes to 157 Spring Street.
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