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Stoneham 02180
540 Main Street
$630,000
● House - Off Market

540 Main Street

Stoneham, MA 02180
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,163 Ft²
$716,710
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to this Classic Colonial that offers a spacious layout and many updates!   The eat-in kitchen boasts granite, stainless steel appliances and room to linger at the breakfast bar.   The sunroom is great place to enjoy morning coffee and to start the day.  The dining room offers plenty of space for gathering with family and friends for dinner.   Upstairs there are 3 bedrooms, full bath, and an additional room,  ideal for a dressing room, or home office.  Fenced in yard, Hardwood Floors Throughout and Essential Central Air!  With many of the important updates already done, this home is truly move in ready.  Minutes to Stoneham Zoo and Parks, and conveniently located making for an easy Boston commute!
Unit Size
2,163 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$250
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1900

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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 #72686911)

Price History

Date / Event Date Event Price
Aug 17, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Leading Edge Real Estate $539,900
Listed by Leading Edge Real Estate
Jul 31, 2013 Sold
Premium
Sold
Apr 6, 2013 Listed by Leading Edge Real Estate $429,900
Listed by Leading Edge Real Estate
Apr 30, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 857
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,342
  • Total Building Area: 2,163
  • Gross Building Area: 3,832
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • 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: RB

Geography

  • Account Number: 4068
  • District: 284
  • Parcel: STON M:19 B:000 L:293
  • Lot: 293
  • Municipality: STONEHAM
  • Latitude: 42.4713
  • Longitude: -71.1006

    Address

  • Full Address: 540 Main St
  • Address - House Number: 540
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C001
  • 4-Digit Zip Code: 2880
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $781,100

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 811,439
  • High Value: 988,233
  • Low Value: 634,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $737,600
  • Assessed Land Value: $318,000
  • Assessed Improvements Value: $419,600

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1850418
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $420,000
  • 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 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# 72686911

Frequently Asked Questions

When was property at 540 Main Street built and last sold?
The property at 540 Main Street was built in 1900 and last sold on Aug 17, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 540 Main Street is $560,948.
What are some comparable homes to 540 Main Street?
There are currently no comparable homes to 540 Main Street.
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