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Stoneham 02180
58 Forest Street
$525,000
● House - Off Market

58 Forest Street

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,582 Ft²
$580,963
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

1900's original custom craftsmanship can be yours on this quiet country road in Stoneham. This old-style farmhouse sits atop a wooded lot with elegant stone walls on either side of the drive leading to the one-car garage underneath. Upon entering, take a moment to admire the hand-carved volute at the base of the banister, solid wood skirtboard along the stairs, fine beaded baseboard, corner block Victorian-style door moldings, and dramatic coffered ceiling in the living room. The charm extends to many details of the home which is evident with the two gorgeous built-in cabinets and archways that play off of the grand arch that separates the formal dining room from the study. Consider combining the kitchen with the informal dining room/family room for a vast and expansive kitchen.
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$326
Property Type
House
Property Taxes
$445
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: 5 years ago (MLSPIN #72896469)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Sep 16, 2021 Listed by Dreamega International Realty LLC $515,000
Listed by Dreamega International Realty LLC

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,120
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,222
  • Total Building Area: 1,582
  • Gross Building Area: 2,848
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • 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: 4847
  • District: 284
  • Parcel: STON M:21 B:000 L:285
  • Lot: 285
  • Municipality: STONEHAM
  • Latitude: 42.494
  • Longitude: -71.11

    Address

  • Full Address: 58 Forest St
  • Address - House Number: 58
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C017
  • 4-Digit Zip Code: 3054
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,000

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 628,715
  • High Value: 742,293
  • Low Value: 515,136

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,300
  • Assessed Land Value: $325,700
  • Assessed Improvements Value: $245,600

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 241401
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

50

Average Home Size

2021 ft²

Average Home Age

75.7 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: 5 years ago
Data Source: MLS PIN, MLS# 72896469

Frequently Asked Questions

When was property at 58 Forest Street built and last sold?
The property at 58 Forest Street was built in 1900 and last sold on Nov 3, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 58 Forest Street is $0.
What are some comparable homes to 58 Forest Street?
There are currently no comparable homes to 58 Forest Street.
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