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Medford 02155 Lawrence Estates
5 Ramshead Rd
Photo of 5 Ramshead Rd
Sold on Jun 18, 2010

1

Map

$516,000
● House - Off Market

5 Ramshead Rd

Medford, MA 02155
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,925 Ft²
$1,088,264
RealtyHop Estimate
101.57%
Since Jul 1, 2010
MA-Boston
Primary Model

About This Property

Desirable Lawrence Estates - Gorgeous 8 Room Brick Colonial - New Roof and Gutters, New Windows, New Office Addition, New Bath, New cherry cabinet, SS, granite kitchen w/ radiant heated porcelain ceramic tile floor; hardwood flrs throughout, 3BD's, 2BA's, spacious, sunfilled front-to-back  living rm w/ fireplace, gumwood, French drs; waincoting & crown moldings in dining rm & foyer; office &family room. Lovely private fenced-in yard with brick patio. Minutes to Center, transportation & Rte 93.
Unit Size
1,925 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$280
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1930

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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: 2 years ago (MLSPIN #71045423)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed $925,000
Listed
Jun 18, 2010 Sold
Premium
Sold
Mar 10, 2010 Listed $539,900
Listed
May 16, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,870
  • Total Building Area: 1,897
  • Gross Building Area: 3,756
  • Building Area: 1,897
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,897
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAWRENCE ESTATES
  • Land Acres: 0000000158
  • 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: 339102

Geography

  • Account Number: 4751
  • Parcel: MEDF M:I-07 B:0076
  • Block: 76
  • Municipality: MEDFORD
  • Latitude: 42.4252
  • Longitude: -71.1172

    Address

  • Full Address: 5 Ramshead Rd
  • Address - House Number: 5
  • Address - Street Name: Ramshead
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C051
  • 4-Digit Zip Code: 2422
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $894,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,259,067
  • High Value: 1,452,735
  • Low Value: 1,065,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,034,300
  • Assessed Land Value: $441,300
  • Assessed Improvements Value: $593,000

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133522
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Amount: $516,000
  • 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 Lawrence Estates

Stats & Trends

Median Asking:

$912,450

Sale Price/ft²

$500

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2067 ft²

Average Home Age

90 years

Currently For Sale

14 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71045423

Frequently Asked Questions

When was property at 5 Ramshead Road built and last sold?
The property at 5 Ramshead Road was built in 1930 and last sold on Jun 14, 2021 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 5 Ramshead Road is $0.
What are some comparable homes to 5 Ramshead Road?
There are currently no comparable homes to 5 Ramshead Road.
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