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Stoneham 02180
43 Summer St
$422,500
● House - Off Market

43 Summer St

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,202 Ft²
$684,196
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

If you are looking for character and old world charm look no further!  This charming New England Colonial has so much to offer. Wonderful features throughout the home including a large open concept family/dining room with a built in hutch, hardwood flooring and natural woodwork throughout. There are 3 bedrooms in total with the master bedroom being quite large graced with a huge walk in closet.  The windows and natural gas heating system have been updated. The kitchen opens up to a large deck for entertaining.  There is a new stone patio leading to a fenced in backyard, Plenty of storage with a basement and a highly coveted 2 car garage!  Close to restaurants, shopping and a great commuter location. Join us at the first open house Sunday 1:30-3:00.  All offers will be reviewed Monday at 5:00.
Unit Size
1,202 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$340
Property Type
House
Property Taxes
$325
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: 4 months ago (MLSPIN #71984019)

Price History

Date / Event Date Event Price
Mar 19, 2021 Sold
Premium
Sold
Feb 15, 2021 Listed by Keller Williams Realty $524,900
Listed by Keller Williams Realty
Jun 1, 2016 Sold
Premium
Sold
Apr 6, 2016 Listed by Keller Williams Realty $409,000
Listed by Keller Williams Realty
Aug 14, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 601
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,110
  • Total Building Area: 1,202
  • Gross Building Area: 2,121
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 337102

Zoning

  • Zoning: RA

Geography

  • Account Number: 1521
  • District: 284
  • Parcel: STON M:13 B:000 L:256
  • Lot: 256
  • Municipality: STONEHAM
  • Latitude: 42.4738
  • Longitude: -71.0958

    Address

  • Full Address: 43 Summer St
  • Address - House Number: 43
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C009
  • 4-Digit Zip Code: 1940
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $596,900

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 647,792
  • High Value: 796,251
  • Low Value: 499,332

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,600
  • Assessed Land Value: $307,200
  • Assessed Improvements Value: $256,400

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61481
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Amount: $422,500
  • Previous Sale Document Type: O
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

2099 ft²

Average Home Age

73.4 years

Currently For Sale

27 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 months ago
Data Source: MLS PIN, MLS# 71984019

Frequently Asked Questions

When was property at 43 Summer Street built and last sold?
The property at 43 Summer Street was built in 1890 and last sold on Mar 19, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 43 Summer Street is $528,296.
What are some comparable homes to 43 Summer Street?
There are currently no comparable homes to 43 Summer Street.
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