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Stoneham 02180
5 Cedar Ave
$535,000
● House - Off Market

5 Cedar Ave

Stoneham, MA 02180
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,209 Ft²
$721,532
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

You will enjoy the sense of privacy that this two bedroom one and a half bath Colonial style home has to offer. Many updates through-out the home include the kitchen with Corian countertops, replacement windows, a half bath with pocket door & updated 200 AMP electric. There is a beamed ceiling, a wood stove in the Living Room & a Bay window that overlooks the private yard. A deck off of the kitchen is good for entertaining or just enjoying your morning coffee. No more hot, uncomfortable nights now that you will have central air conditioning. The garage has a new roof, a loft & parking for one car plus 2 more spaces in the driveway. Lining the property are lilac & flowering cherry trees as well as dogwoods. Nothing to do here but move in!!!
Unit Size
1,209 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$413
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1868

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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 #72427675)

Price History

Date / Event Date Event Price
Apr 18, 2019 Sold
Premium
Sold
Nov 28, 2018 Listed by Coldwell Banker Residential Brokerage - Winchester $499,900
Listed by Coldwell Banker Residential Brokerage - Winchester
Sep 11, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1868
  • Effective Year Built: 1868
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 710
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,209
  • Gross Building Area: 2,400
  • Building Area: 1,209
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,209
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 3912
  • District: 284
  • Parcel: STON M:18 B:000 L:82
  • Lot: 82
  • Municipality: STONEHAM
  • Latitude: 42.4805
  • Longitude: -71.1041

    Address

  • Full Address: 5 Cedar Ave
  • Address - House Number: 5
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C007
  • 4-Digit Zip Code: 2420
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,300

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 700,631
  • High Value: 853,282
  • Low Value: 547,980

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,000
  • Assessed Land Value: $291,000
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Contract Date: Mar 19, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48473
  • Previous Sale Recording Date: Sep 11, 1989
  • Previous Sale Amount: $151,750
  • 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

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2047 ft²

Average Home Age

73.7 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: 4 months ago
Data Source: MLS PIN, MLS# 72427675

Frequently Asked Questions

When was property at 5 Cedar Avenue built and last sold?
The property at 5 Cedar Avenue was built in 1868 and last sold on Mar 19, 2019 for $535,000.
How much is this home worth?
The estimated value of the home located at 5 Cedar Avenue is $510,448.
What are some comparable homes to 5 Cedar Avenue?
There are currently no comparable homes to 5 Cedar Avenue.
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