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$171,500
● Condo - Off Market

159 Franklin #D6

Stoneham, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
978 Ft²
$337,421
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Why rent when you can own this nicely kept 2 Bedroom Condo in Stoneham? Located in the Villa Grande complex, this unit has an open floor plan. Hardwood floors in the Dining room and living room. Sliders out to a private balcony. Bright and efficient galley kitchen with breakfast bar. Oversized 12x23 master Bedroom with Walk In Closet! Good sized second bedroom with double closets. Building is pet friendly and has an elevator. Close to shopping, Route 93 and 128. Don't wait! This one won't last!
Unit Size
978 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
Condo
Property Taxes
$201
HOA Dues
$435
Year Built
-

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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 #71483805)

Price History

Date / Event Date Event Price
May 30, 2013 Sold
Premium
Sold
Feb 18, 2013 Listed by Lamacchia Realty, Inc. $169,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: Fourth Floor
Features: Flooring - Stone/Ceramic Tile
Level: Fourth Floor
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 11
Length: 11
Area: 121
Width: 11
Features: Flooring - Hardwood
Length: 11
Level: Fourth Floor
Area: 121
Length: 12
Level: Fourth Floor
Area: 228
Features: Flooring - Hardwood
Width: 19
Features: Flooring - Wall to Wall Carpet
Level: Fourth Floor
Length: 12
Width: 23
Area: 276
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Propane Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: First Floor, Common Area, In Building
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street, Common
Exterior Details
Entry Level: 4
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Villa Grande
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 768802
Water Source: Public
Financial Details
Tax Assessed Value: $191,000
Tax Annual Amount: $2,417
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
HOA Fee: $435
Community Features: Public Transportation, Shopping, Park
Pets Allowed: Yes
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71483805
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