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Stoneham 02180
31 Chestnut St
$650,000
● House - Off Market

31 Chestnut St

Stoneham, MA 02180
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,588 Ft²
$653,022
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

Located in the Nobility Hill section of Stoneham, this classic turn of the century Victorian style home, is awaiting its next chapter.  The Sidney A. Hill House (National Reg. of Historic Places) has been in the same family for 60 years.  This property retains much of the classic details expected in a Victorian era home, gracious foyer,  high ceilings, pocket doors and more. 31 Chestnut Street offers the next owner the opportunity to personalize this "blank palate" and blend the classic character of this gem with conveniences wanted for today's life style.  This property has spacious rooms, front and back stairways, decent closets, a full walk up-attic - ideal for future expansion and an inviting front porch.
Unit Size
2,588 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$222
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #72873256)

Price History

Date / Event Date Event Price
Sep 3, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by Gray Owl Realty & Renovation LLC $574,900
Listed by Gray Owl Realty & Renovation LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,270
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,261
  • Total Building Area: 2,588
  • Gross Building Area: 5,523
  • Building Area: 2,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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: 3330
  • District: 284
  • Parcel: STON M:18 B:000 L:109
  • Lot: 109
  • Municipality: STONEHAM
  • Latitude: 42.4794
  • Longitude: -71.1038

    Address

  • Full Address: 31 Chestnut St
  • Address - House Number: 31
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C007
  • 4-Digit Zip Code: 2437
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,000

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 827,392
  • High Value: 1,007,662
  • Low Value: 647,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,600
  • Assessed Land Value: $326,000
  • Assessed Improvements Value: $291,600

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 198151
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

2126 ft²

Average Home Age

66.6 years

Currently For Sale

33 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 years ago
Data Source: MLS PIN, MLS# 72873256

Frequently Asked Questions

When was property at 31 Chestnut Street built and last sold?
The property at 31 Chestnut Street was built in 1890 and last sold on Sep 3, 2021 for $650,000.
How much is this home worth?
The estimated value of the home located at 31 Chestnut Street is $0.
What are some comparable homes to 31 Chestnut Street?
There are currently no comparable homes to 31 Chestnut Street.
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