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Stoneham 02180
17 Morgan Avenue
$640,000
● House - Off Market

17 Morgan Avenue

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,038 Ft²
$947,436
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Desirable Bear Hill location.Features formal living room and dining room with hardwood floors.Three season porch off of eat-in-kitchen. Three good sized bedrooms.  Lower level features fireplaced family room, with an extra room which can be used as a 4th bedroom as it has a closet.Central air-conditioning. Over 19,000 square foot of land with an in-ground pool.There is a two car garage and off street parking for 4 cars in driveway.
Unit Size
2,038 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$314
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #72333641)

Price History

Date / Event Date Event Price
Jul 17, 2018 Sold
Premium
Sold
May 25, 2018 Listed by Prestige Homes Real Estate, LLC $639,900
Listed by Prestige Homes Real Estate, LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 42
  • 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: 7
  • Basement Area: 1,300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,193
  • Total Building Area: 2,038
  • Gross Building Area: 2,880
  • Building Area: 2,038
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,038
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000441
  • 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: 337201

Zoning

  • Zoning: RA

Geography

  • Account Number: 6491
  • District: 284
  • Parcel: STON M:06 B:000 L:54
  • Lot: 54
  • Municipality: STONEHAM
  • Latitude: 42.4957
  • Longitude: -71.0881

    Address

  • Full Address: 17 Morgan Ave
  • Address - House Number: 17
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C014
  • 4-Digit Zip Code: 3416
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,200

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 858,242
  • High Value: 1,009,010
  • Low Value: 707,475

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $768,800
  • Assessed Land Value: $402,100
  • Assessed Improvements Value: $366,700

    Sales

  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 106574
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

2097 ft²

Average Home Age

68.4 years

Currently For Sale

34 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

$4,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1B, 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# 72333641

Frequently Asked Questions

When was property at 17 Morgan Avenue built and last sold?
The property at 17 Morgan Avenue was built in 1973 and last sold on Jan 1, 1970 for $640,000.
How much is this home worth?
The estimated value of the home located at 17 Morgan Avenue is $658,684.
What are some comparable homes to 17 Morgan Avenue?
There are currently no comparable homes to 17 Morgan Avenue.
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