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$222,000
● Condo - Off Market

159 Main #35A

Stoneham, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
820 Ft²
$417,443
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Large, move in condition 1 bedroom in the desirable "Monterosa".  Granite counter tops in the kitchen, new dishwasher, stackable washer & dryer, Livingroom/dining area beautiful dark pergo flooring opens to a balcony. Move in today and enjoy the clubhouse and pool...summer is on the way.  Close to 128 & 93 also bus line on Rte.28.  Deeded parking spot and plenty of guest parking.  This is a commuters dream home!
Unit Size
820 Ft²
Days on Market
-
Land Size
-
Price per sqft
$274
Property Type
Condo
Property Taxes
$165
HOA Dues
$221
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 #71673840)

Price History

Date / Event Date Event Price
Jul 11, 2014 Sold
Premium
Sold
May 2, 2014 Listed by Coldwell Banker Realty $225,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Interior Details
Features: Flooring - Laminate
Width: 8
Length: 8
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Area: 64
Length: 17
Area: 289
Features: Flooring - Laminate, Balcony - Interior, Cable Hookup, Open Floorplan
Width: 17
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck
Length: 12
Width: 17
Area: 204
Full Bathrooms: 1
Appliances: Range, Dishwasher, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Wood Laminate
Laundry Features: In Unit
Rooms: 4
Basement: N
Parking Details
Parking Features: Deeded, Guest
Exterior Details
Entry Level: 4
Security Features: Intercom, TV Monitor, Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Monterosa
Structure Type: Garden
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Brick
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: HB
Parcel Number: 771393
Water Source: Public
Financial Details
Tax Assessed Value: $151,500
Tax Annual Amount: $1,979
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air, Individual
Heating Type: Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Laundry, Elevator(s), Clubroom
HOA Fee: $221
Community Features: Shopping, Pool, Golf, Highway Access, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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# 71673840
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