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$107,000
● Condo - Off Market

159 Main #34A

Stoneham, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
780 Ft²
$361,414
RealtyHop Estimate
231.88%
Since Mar 1, 1999
National-US
Primary Model

About This Property

SPACIOUS ONE BEDROOM CONDO AT THE MONTEROSA LOCATED IN THE BACK BUILDING.  FULLY APPLIANCED KITCHEN, LAUNDRY HOOK UP IN UNIT.  POOL, PARKING, SECURITY GUARD, ON SITE BUILDING MANAGER.  WATER AND MAINTENANCE INCLUDED IN CONDO FEE.
Unit Size
780 Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
Condo
Property Taxes
$105
HOA Dues
$143
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 #30279529)

Price History

Date / Event Date Event Price
Feb 11, 1999 Sold
Premium
Sold
Dec 4, 1998 Listed by Exit Personal Choice Realty $108,900
Listed by Exit Personal Choice Realty

Property Highlights

Air Conditioning
Interior Details
Level: Fourth Floor
Level: Fourth Floor
Level: Fourth Floor
Level: Fourth Floor
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Electric Water Heater, Utility Connections for Electric Oven
Flooring Type: Carpet
Laundry Features: Fourth Floor
Rooms: 4
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 4
Security Features: Security Guard
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Monterosa
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $76,100
Tax Annual Amount: $1,256
Utilities Details
Utilities: for Electric Oven
Cooling Type: Central Air
Heating Type: Heat Pump
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Laundry, Elevator(s), Recreation Facilities
HOA Fee: $143
Community Features: Public Transportation, Shopping, Pool, Medical Facility, Laundromat
Complex is Completed
Management: Professional - On Site, Resident Superintendent

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# 30279529
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