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Stoneham 02180
5 Erickson Street
$535,000
● House - Off Market

5 Erickson Street

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,038 Ft²
$758,679
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Turn the key, you're home!!  Sweet 3 bedroom cape cod style home in the desirable Robin Hood Area!  Many updates done within the past 11 years...Kitchen, windows, roof, C/A, furnace, electrical,  finished basement.  HW floors throughout except kitchen area.  Enjoy cookouts with family and friends in large level fenced in yard!  Plenty of off street parking with the oversized driveway!  Convenient location for shopping, schools, restaurants, 128/93. Open Houses on Sat/Sun 12-2. See you there!
Unit Size
2,038 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$235
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1956

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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 #72134982)

Price History

Date / Event Date Event Price
May 12, 2017 Sold
Premium
Sold
Mar 20, 2017 Listed by RE/MAX Leading Edge $479,000
Listed by RE/MAX Leading Edge
Jun 12, 2013 Sold
Premium
Sold
Mar 21, 2013 Listed by RE/MAX Leading Edge $429,900
Listed by RE/MAX Leading Edge
Dec 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,102
  • Total Building Area: 2,290
  • Gross Building Area: 2,982
  • Building Area: 2,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 337202

Zoning

  • Zoning: RA

Geography

  • Account Number: 5091
  • District: 284
  • Parcel: STON M:21 B:000 L:97
  • Lot: 97
  • Municipality: STONEHAM
  • Latitude: 42.4984
  • Longitude: -71.1084

    Address

  • Full Address: 5 Erickson St
  • Address - House Number: 5
  • Address - Street Name: Erickson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C016
  • 4-Digit Zip Code: 2122
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $757,700

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 819,837
  • High Value: 963,858
  • Low Value: 675,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $715,500
  • Assessed Land Value: $400,100
  • Assessed Improvements Value: $315,400

    Sales

  • Current Sale Recording Date: May 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70238
  • Previous Sale Recording Date: Jun 12, 2013
  • Previous Sale Amount: $426,000
  • 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:

$749,450

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2042 ft²

Average Home Age

78.7 years

Currently For Sale

30 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$5,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,445 ft²
200 Quannapowitt Parkway #C3B, Wakefield, MA, 01880 Listing by Equity Residential
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# 72134982

Frequently Asked Questions

When was property at 5 Erickson Street built and last sold?
The property at 5 Erickson Street was built in 1956 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 5 Erickson Street is $502,495.
What are some comparable homes to 5 Erickson Street?
There are currently no comparable homes to 5 Erickson Street.
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