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Medford 02155 North Medford
49 Clematis Road
$525,000
● House - Off Market

49 Clematis Road

Medford, MA 02155
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$572,329
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

A spacious ranch in North Medford! Sitting on a corner lot with driveway parking and a yard/patio for entertaining family and friends. This home will surprise you with two beds, two baths, two kitchens, two living spaces and a one car garage. Hardwood floors throughout the first floor and central air and recessed lighting throughout the house. Sun-splashed and welcoming this home will not disappoint with two large picture windows, vinyl siding, replacement windows, roof (2018) and updated electrical panels (2023). Conveniently located minutes to Wright's Pond for summer enjoyment and Fells Reservation which provides ample trails for hiking and biking. 7 miles north of Boston with various forms of public transportation to Boston and beyond. Easily accessible to state highways, Routes 93, 128 and 95.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$482
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1973

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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 #73065114)

Price History

Date / Event Date Event Price
Feb 24, 2023 Sold
Premium
Sold
Jan 8, 2023 In contract -
In contract
Jan 4, 2023 Relisted $355,000
Relisted
Dec 25, 2022 Delisted -
Delisted
Dec 21, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,490
  • Total Building Area: 1,120
  • Gross Building Area: 2,288
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 340100

Geography

  • Account Number: 1674
  • Parcel: MEDF M:D-14 B:0033
  • Block: 33
  • Municipality: MEDFORD
  • Latitude: 42.4353
  • Longitude: -71.0909

    Address

  • Full Address: 49 Clematis Rd
  • Address - House Number: 49
  • Address - Street Name: Clematis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C024
  • 4-Digit Zip Code: 1340
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,500

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 618,325
  • High Value: 730,052
  • Low Value: 506,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $527,700
  • Assessed Land Value: $316,200
  • Assessed Improvements Value: $211,500

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19093
  • Previous Sale Recording Date: Jul 20, 2012
  • 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 North Medford

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$473

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2106 ft²

Average Home Age

81.3 years

Currently For Sale

20 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 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73065114

Frequently Asked Questions

When was property at 49 Clematis Road built and last sold?
The property at 49 Clematis Road was built in 1973 and last sold on Feb 24, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 49 Clematis Road is $537,066.
What are some comparable homes to 49 Clematis Road?
There are currently no comparable homes to 49 Clematis Road.
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