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Everett 02149 Glendale
40 Madison Ave
Photo of 40 Madison Ave
Sold on Mar 31, 2010

1

Map

$281,000
● House - Off Market

40 Madison Ave

Everett, MA 02149
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,120 Ft²
$625,247
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Just MOVE RIGHT IN!   Beautiful!!!    Great location!  Brand NEW hardwood floors, Brand NEW gas heating system, Brand NEW hot water, NEW electrical!  Extra large eat in kitchen with beautiful cabinets. Spacious potential in-law suite in finished lower level with full bathroom and seperate walk out. Great location close to public transportation, schools, medical facility's and shopping.  Seller moving out of state.  PRICED to sell quickly.  A pleasure to see.
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$141
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1960

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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 #71034359)

Price History

Date / Event Date Event Price
Mar 31, 2010 Sold
Premium
Sold
Feb 18, 2010 Listed $299,900
Listed
Sep 4, 2009 Sold
Premium
Sold
Jun 19, 2009 Listed $269,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,134
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,842
  • Total Building Area: 1,134
  • Gross Building Area: 2,370
  • Building Area: 1,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,134
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 29552A
  • Land Acres: 0000000088
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Everett School District
  • Census Tract: 342101

Zoning

  • Zoning: DD

Geography

  • Account Number: N00002 00
  • Parcel: EVER M:N0 B:02 L:000126
  • Block: 2
  • Lot: 126
  • Municipality: EVERETT
  • Latitude: 42.4121
  • Longitude: -71.0356

    Address

  • Full Address: 40 Madison Ave
  • Address - House Number: 40
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Everett
  • Carrier Code: C002
  • 4-Digit Zip Code: 5411
  • Zip Code: 02149

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $624,100

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 645,172
  • High Value: 749,527
  • Low Value: 540,817

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,600
  • Assessed Land Value: $219,300
  • Assessed Improvements Value: $325,300

    Sales

  • Current Sale Recording Date: Mar 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01528703
  • Previous Sale Recording Date: Sep 04, 2009
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 48
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 Glendale

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$391

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2061 ft²

Average Home Age

102.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71034359

Frequently Asked Questions

When was property at 40 Madison Avenue built and last sold?
The property at 40 Madison Avenue was built in 1960 and last sold on Jan 1, 1970 for $281,000.
How much is this home worth?
The estimated value of the home located at 40 Madison Avenue is $340,808.
What are some comparable homes to 40 Madison Avenue?
There are currently no comparable homes to 40 Madison Avenue.
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