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Stoneham 02180
18 Park Street
$720,000
● House - Off Market

18 Park Street

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,756 Ft²
$689,491
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Immaculate Nobility Hill offering in a perfect commuter location! Improved ranch style home welcomes you with charming dining space, complete with original built-ins. Main level features a cozy living area with fireplace, two bedrooms, full original tiled bathroom, & eat in kitchen.  Second level located over the heated two car garage boasting primary suit with double closets, & full bathroom with jet tub. Spacious walk out, heated basement with able storage and potential expansion is a plus! Enjoy warm months on your private deck overlooking level, lush, green lot. Savvy buyers will take note of newer roof, HVAC, & vinyl siding on this well-maintained home. Take advantage of the proximity to downtown Stoneham, Tri-Community Greenway Trail, and I-93/95 access!
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$376
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1948

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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 #73011315)

Price History

Date / Event Date Event Price
Aug 22, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Classified Realty Group $659,900
Listed by Classified Realty Group
Jan 5, 2005 Sold
Premium
Sold
Oct 23, 2004 Listed by Classified Realty Group $525,000
Listed by Classified Realty Group
Aug 18, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,150
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,980
  • Total Building Area: 1,450
  • Gross Building Area: 3,758
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 337300

Zoning

  • Zoning: RA

Geography

  • Account Number: 3794
  • District: 284
  • Parcel: STON M:18 B:000 L:570
  • Lot: 570
  • Municipality: STONEHAM
  • Latitude: 42.4784
  • Longitude: -71.1055

    Address

  • Full Address: 18 Park St
  • Address - House Number: 18
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C007
  • 4-Digit Zip Code: 3113
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $709,100

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 779,243
  • High Value: 901,425
  • Low Value: 657,061

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $669,600
  • Assessed Land Value: $332,300
  • Assessed Improvements Value: $337,300

    Sales

  • Current Sale Contract Date: Aug 22, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128750
  • Previous Sale Recording Date: Jan 05, 2005
  • Previous Sale Amount: $520,000
  • 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

2126 ft²

Average Home Age

66.6 years

Currently For Sale

33 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73011315

Frequently Asked Questions

When was property at 18 Park Street built and last sold?
The property at 18 Park Street was built in 1948 and last sold on Aug 22, 2022 for $720,000.
How much is this home worth?
The estimated value of the home located at 18 Park Street is $667,634.
What are some comparable homes to 18 Park Street?
There are currently no comparable homes to 18 Park Street.
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