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Stoneham 02180
2 Spruce Street
$276,800
● House - Off Market

2 Spruce Street

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
2 Baths
$1,120,637
RealtyHop Estimate
274.80%
Since Jul 1, 1998
MA-Boston
Primary Model

About This Property

LOCATION, LOCATION,LOCATION! WALK TO ROBIN HOOD SCHOOL. THIS CUSTOM BUILT HOME HAS IT ALL. LARGE FIREPLACED LR W BUILT-IN BOOKCASES. LARGE FR WITH WALK-OUT TO SCREENED-IN PATIO. 4 ZONE SPRINKLER SYSTEM FRONT AND BACK. LARGE LEVEL LOT.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #30219306)

Price History

Date / Event Date Event Price
Jul 1, 1998 Sold
Premium
Sold
Apr 30, 1998 Listed by Century 21 Greer's R. E. $299,000
Listed by Century 21 Greer's R. E.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,464
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,452
  • Total Building Area: 2,291
  • Gross Building Area: 3,166
  • Building Area: 2,291
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,291
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000263
  • 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: 4826
  • District: 284
  • Parcel: STON M:21 B:000 L:267
  • Lot: 267
  • Municipality: STONEHAM
  • Latitude: 42.4934
  • Longitude: -71.1089

    Address

  • Full Address: 2 Spruce St
  • Address - House Number: 2
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C006
  • 4-Digit Zip Code: 3035
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $809,300

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 870,497
  • High Value: 1,013,714
  • Low Value: 727,281

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $764,200
  • Assessed Land Value: $370,300
  • Assessed Improvements Value: $393,900

    Sales

  • Current Sale Recording Date: Jul 01, 1998
  • Current Sale Price:
    Premium
  • Current 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

2077 ft²

Average Home Age

77.2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30219306

Frequently Asked Questions

When was property at 2 Spruce Street built and last sold?
The property at 2 Spruce Street was built in 1962 and last sold on Jan 1, 1970 for $276,800.
How much is this home worth?
The estimated value of the home located at 2 Spruce Street is $0.
What are some comparable homes to 2 Spruce Street?
There are currently no comparable homes to 2 Spruce Street.
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