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Stoneham 02180
2 Columbus Avenue
$500,000
● House - Off Market

2 Columbus Avenue

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,514 Ft²
$766,818
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Location location on the Stoneham/Melrose line. Enjoy the outdoors from the beautiful screened front porch or the level back yard with a two-car garage! Conveniently located on a quiet cul de sac yet under 0.5 mile to the shops, restaurants and commuter rail at Melrose Highlands making this neighborhood so desirable. Enter the home through the large foyer to the fireplaced living room with hardwood floors. Hardwood under the wall to wall carpet in the formal dining room with built-in. The second floor has three large bedrooms including a dressing area in the master and a walk up-stairs to an attic that's just waiting to be finished. The house needs updating which allows you to make it your own! Gas boiler and hot water tank were replaced in 2012.
Unit Size
1,514 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$349
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1920

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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 months ago (MLSPIN #72449505)

Price History

Date / Event Date Event Price
Mar 27, 2019 Sold
Premium
Sold
Feb 5, 2019 Listed by Property Central Inc. $529,000
Listed by Property Central Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 750
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,060
  • Total Building Area: 1,514
  • Gross Building Area: 3,203
  • Building Area: 1,514
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,514
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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: 337102

Zoning

  • Zoning: RA

Geography

  • Account Number: 5907
  • District: 284
  • Parcel: STON M:03 B:000 L:39
  • Lot: 39
  • Municipality: STONEHAM
  • Latitude: 42.4717
  • Longitude: -71.0803

    Address

  • Full Address: 2 Columbus Ave
  • Address - House Number: 2
  • Address - Street Name: Columbus
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C021
  • 4-Digit Zip Code: 4331
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $684,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 727,717
  • High Value: 847,443
  • Low Value: 607,992

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $646,700
  • Assessed Land Value: $390,600
  • Assessed Improvements Value: $256,100

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37673
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

2143 ft²

Average Home Age

71.6 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72449505

Frequently Asked Questions

When was property at 2 Columbus Avenue built and last sold?
The property at 2 Columbus Avenue was built in 1920 and last sold on Mar 21, 2019 for $500,000.
How much is this home worth?
The estimated value of the home located at 2 Columbus Avenue is $536,965.
What are some comparable homes to 2 Columbus Avenue?
There are currently no comparable homes to 2 Columbus Avenue.
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