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$122,500
● Condo - Off Market

159 Main #57A

Stoneham, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
975 Ft²
$463,011
RealtyHop Estimate
256.44%
Since Jan 1, 1998
National-US
Primary Model

About This Property

UPDATED COUNTERTOPS IN KITCHEN; FOYER AND KITCHEN HAVE CT FLOORS; WASHER AND DRYER IN MBR BATH; MICROWAVE IN KIT. SELLER STATES CONDO FEE IS $197.38 AND INCL COMMON AREA MAINT AND INS, POOL AND CLUBHOUSE. STORAGE ON 1ST FLOOR.
Unit Size
975 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
Condo
Property Taxes
$119
HOA Dues
$197
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 #30179173)

Price History

Date / Event Date Event Price
Dec 1, 1997 Sold
Premium
Sold
Aug 11, 1997 Listed by Coldwell Banker Residential Brokerage - Stoneham $129,900
Listed by Coldwell Banker Residential Brokerage - Stoneham

Property Highlights

Air Conditioning
Interior Details
Width: 8
Length: 12
Area: 96
Length: 20
Area: 320
Width: 16
Width: 11
Length: 12
Area: 132
Length: 16
Width: 12
Area: 192
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Electric Water Heater
Flooring Type: Carpet
Rooms: 5
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 6
Security Features: Security Guard
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Monterosa
Structure Type: Garden
Stories (Total): 6
Building Area Units: Square Feet
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: HB
Parcel Number: 770925
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 16
Tax Assessed Value: $86,600
Tax Annual Amount: $1,429
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Snow Removal
HOA/Condo/Coop Amenities: Pool, Elevator(s)
HOA Fee: $197
Community Features: Public Transportation, Shopping, Golf, Medical Facility
Pets Allowed: No
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# 30179173
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