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Stoneham 02180
16 Elaine
$420,000
● House - Off Market

16 Elaine

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,602 Ft²
$640,748
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Fan of HGTV? Rare rehab opportunity situated on 10,000+ level lot in desirable Robin Hood area. True one level living California ranch. Spacious layout, corner fireplace, open concept home with three beds, 2.5 baths. Needs updating and cosmetics, price reflected. Roof, 2009, Heat, 2010. Offer now and be in for  the Holidays.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$268
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72416859)

Price History

Date / Event Date Event Price
Dec 5, 2018 Sold
Premium
Sold
Oct 29, 2018 Listed by Brad Hutchinson Real Estate $429,000
Listed by Brad Hutchinson Real Estate
Aug 31, 2005 Sold
Premium
Sold
Jul 12, 2005 Listed by Brad Hutchinson Real Estate $402,500
Listed by Brad Hutchinson Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,006
  • Total Building Area: 1,602
  • Gross Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,602
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 337202

Zoning

  • Zoning: RA

Geography

  • Account Number: 4562
  • District: 284
  • Parcel: STON M:20 B:000 L:24
  • Lot: 24
  • Municipality: STONEHAM
  • Latitude: 42.4989
  • Longitude: -71.1134

    Address

  • Full Address: 16 Elaine Rd
  • Address - House Number: 16
  • Address - Street Name: Elaine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C006
  • 4-Digit Zip Code: 2104
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 666,124
  • High Value: 775,717
  • Low Value: 556,532

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $588,300
  • Assessed Land Value: $370,100
  • Assessed Improvements Value: $218,200

    Sales

  • Current Sale Contract Date: Nov 19, 2018
  • Current Sale Recording Date: Dec 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185231
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27
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:

$749,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2040 ft²

Average Home Age

65.3 years

Currently For Sale

29 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
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,615 /mo

  • Studio
  • 1 Bath
  • 588 ft²
200 Quannapowitt Parkway #S3, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72416859

Frequently Asked Questions

When was property at 16 Elaine Road built and last sold?
The property at 16 Elaine Road was built in 1956 and last sold on Nov 19, 2018 for $420,000.
How much is this home worth?
The estimated value of the home located at 16 Elaine Road is $445,126.
What are some comparable homes to 16 Elaine Road?
There are currently no comparable homes to 16 Elaine Road.
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