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Stoneham 02180
5 Gerry Ct
$510,000
● House - Off Market

5 Gerry Ct

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,539 Ft²
$553,744
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Tons of potential for this charming colonial in need of some TLC. Located on a dead-end street across from the Recreation Park, Boys and Girls Club. Conveniently located just minutes from both 93 and 95 and walking distance to Stoneham town center. The spacious first floor layout includes a large, renovated eat-in kitchen, dining room, expansive living room, bedroom, office/den (potential 4th bedroom) and half bath with laundry.  The upstairs features 2 good sized bedrooms and a full bath. Professionally maintained landscaping and large shed. Updated kitchen and half bath done in 2010. Vinyl siding, Replacement windows done in 2019. Systems and roof are in good condition.
Unit Size
1,539 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$335
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1931

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73035227)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Oct 27, 2022 In contract -
In contract
Oct 12, 2022 Price Decreased $515,000
↓ $25K (4.6%)
Price Decreased
Sep 28, 2022 Price Increased $539,900
↑ $25K (4.8%)
Price Increased
Sep 12, 2022 Listed by LAER Realty Partners $515,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 927
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,630
  • Total Building Area: 1,539
  • Gross Building Area: 2,789
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 1790
  • District: 284
  • Parcel: STON M:13 B:000 L:51
  • Lot: 51
  • Municipality: STONEHAM
  • Latitude: 42.4784
  • Longitude: -71.0964

    Address

  • Full Address: 5 Gerry Ct
  • Address - House Number: 5
  • Address - Street Name: Gerry
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C009
  • 4-Digit Zip Code: 1854
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,700

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 558,972
  • High Value: 651,799
  • Low Value: 466,146

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,600
  • Assessed Land Value: $303,000
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 176089
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

2106 ft²

Average Home Age

69 years

Currently For Sale

32 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: 5 months ago
Data Source: MLS PIN, MLS# 73035227

Frequently Asked Questions

When was property at 5 Gerry Court built and last sold?
The property at 5 Gerry Court was built in 1931 and last sold on Dec 1, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 5 Gerry Court is $527,845.
What are some comparable homes to 5 Gerry Court?
There are currently no comparable homes to 5 Gerry Court.
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