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Stoneham 02180
2 Magnolia Terrace
Photo of 2 Magnolia Terrace
Sold on Dec 28, 2007

1

Map

$362,500
● House - Off Market

2 Magnolia Terrace

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,857 Ft²
$728,357
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Ranch in a great location, directly across from the Robin Hood park. Quiet street. Close to shopping and Route 128. Home has 8 rooms, 3 bedrooms and 1 and a half baths, and large eat-in kitchen.  13 x 12 three-season porch. two driveways allows for plenty of off-street parking. Newer replacement windows and continuous hot water off oil burner.
Unit Size
1,857 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$199
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1949

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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: 6 months ago (MLSPIN #70668700)

Price History

Date / Event Date Event Price
Dec 28, 2007 Sold
Premium
Sold
Oct 24, 2007 Listed $369,900
Listed
May 26, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,238
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,714
  • Total Building Area: 1,857
  • Gross Building Area: 2,722
  • Building Area: 1,857
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,857
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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: 2541
  • District: 284
  • Parcel: STON M:16 B:000 L:304
  • Lot: 304
  • Municipality: STONEHAM
  • Latitude: 42.4933
  • Longitude: -71.1059

    Address

  • Full Address: 2 Magnolia Ter
  • Address - House Number: 2
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C028
  • 4-Digit Zip Code: 3070
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,200

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 713,034
  • High Value: 824,439
  • Low Value: 601,629

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $630,000
  • Assessed Land Value: $348,900
  • Assessed Improvements Value: $281,100

    Sales

  • Current Sale Recording Date: Dec 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00228849
  • Previous Sale Recording Date: May 26, 1995
  • Previous Sale Amount: $165,000
  • 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

2190 ft²

Average Home Age

75.6 years

Currently For Sale

39 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# 70668700

Frequently Asked Questions

When was property at 2 Magnolia Terrace built and last sold?
The property at 2 Magnolia Terrace was built in 1949 and last sold on Jan 1, 1970 for $362,500.
How much is this home worth?
The estimated value of the home located at 2 Magnolia Terrace is $394,101.
What are some comparable homes to 2 Magnolia Terrace?
There are currently no comparable homes to 2 Magnolia Terrace.
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