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Stoneham 02180
187 Park St
$345,000
● House - Off Market

187 Park St

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,242 Ft²
$648,739
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

This Saltbox Colonial with a classic floor plan awaits your new ideas, updates and finishing touches.Charming Kitchen with eating area & bow window that overlooks rear yard. Formal dining room with built-in, hard wood floors and glass slider that opens to full length enclosed front porch. Fireplace Living room with hardwood & half bath. Three good size bedrooms also with hardwood and full bath complete the second floor. Updates include: Roof 10-15 years, Oil tank 5+/- yrs, some replacement windows, exterior siding replaced where needed & exterior trim painted, newer gutters & shed.  Your updates & changes will ensure future value!   Minutes to Boston with direct access to route 93 & convenient to public transportation, shopping  & downtown Stoneham.      " Hardwood floors just refinished throughout"
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$297
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1919

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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: 6 months ago (MLSPIN #71896141)

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold
Premium
Sold
Dec 3, 2015 Sold
Premium
Sold
Aug 28, 2015 Listed by Century 21 Commonwealth $369,000
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 657
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,657
  • Total Building Area: 1,242
  • Gross Building Area: 2,332
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 3877
  • District: 284
  • Parcel: STON M:18 B:000 L:651
  • Lot: 651
  • Municipality: STONEHAM
  • Latitude: 42.4724
  • Longitude: -71.1069

    Address

  • Full Address: 187 Park St
  • Address - House Number: 187
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C008
  • 4-Digit Zip Code: 2727
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,100

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 627,121
  • High Value: 730,296
  • Low Value: 523,945

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,700
  • Assessed Land Value: $303,200
  • Assessed Improvements Value: $228,500

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128556
  • Previous Sale Recording Date: Dec 03, 2015
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: O
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

2179 ft²

Average Home Age

76.2 years

Currently For Sale

40 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: 6 months ago
Data Source: MLS PIN, MLS# 71896141

Frequently Asked Questions

When was property at 187 Park Street built and last sold?
The property at 187 Park Street was built in 1919 and last sold on Nov 9, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 187 Park Street is $379,603.
What are some comparable homes to 187 Park Street?
There are currently no comparable homes to 187 Park Street.
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