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Stoneham 02180
22 Penny Lane
Photo of 22 Penny Lane
Sold on Sep 28, 2007

1

Map

$359,900
● House - Off Market

22 Penny Lane

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,284 Ft²
$680,458
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

Lovely 7 room, 3 bedroom, 1 bath Ranch in wonderful family neighborhood. This fine home features updated kitchen, hardwood floors, central air conditioning, newer windows and so much more. A great home in pristine condition and ready for fall delivery.
Unit Size
1,284 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$280
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1940

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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 #70628404)

Price History

Date / Event Date Event Price
Sep 28, 2007 Sold
Premium
Sold
Aug 8, 2007 Listed $359,900
Listed
Sep 30, 2003 Sold
Premium
Sold
Jun 20, 2003 Listed $359,000
Listed

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,044
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,183
  • Total Building Area: 1,289
  • Gross Building Area: 2,365
  • Building Area: 1,289
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,289
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 337101

Zoning

  • Zoning: RA

Geography

  • Account Number: 6565
  • District: 284
  • Parcel: STON M:07 B:000 L:113
  • Lot: 113
  • Municipality: STONEHAM
  • Latitude: 42.4884
  • Longitude: -71.0904

    Address

  • Full Address: 22 Penny Ln
  • Address - House Number: 22
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C015
  • 4-Digit Zip Code: 4531
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,500

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 669,996
  • High Value: 780,225
  • Low Value: 559,766

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,000
  • Assessed Land Value: $325,400
  • Assessed Improvements Value: $224,600

    Sales

  • Current Sale Recording Date: Sep 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00181144
  • Previous Sale Recording Date: Sep 30, 2003
  • Previous Sale Amount: $350,000
  • 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

$433

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1978 ft²

Average Home Age

67.7 years

Currently For Sale

29 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# 70628404

Frequently Asked Questions

When was property at 22 Penny Lane built and last sold?
The property at 22 Penny Lane was built in 1940 and last sold on Jan 1, 1970 for $359,900.
How much is this home worth?
The estimated value of the home located at 22 Penny Lane is $372,107.
What are some comparable homes to 22 Penny Lane?
There are currently no comparable homes to 22 Penny Lane.
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