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Stoneham 02180
59 Park Avenue
$419,500
● House - Off Market

59 Park Avenue

Stoneham, MA 02180
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,625 Ft²
$738,339
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

** Motivated Seller **  BEAR HILL Location!! Beautiful sun-filled, renovated home situated on a fantastic street right on the Wakefield line.  Home has been impeccably cared for and boasts high quality updates including: new heating system (with 2 zones), central air conditioning, granite in kitchen and bath, updated electrical to 200 amps, recessed lighting... too many items to list! Basement has been re-done with new flooring and includes a second family room (or potential third bedroom), a home office and extra space for storage. Home also has full open attic space which has recently been fully insulated. You'll also enjoy the professional landscaped yard with new paver patio.  Nothing to do but move in... Welcome Home!!
Unit Size
1,625 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$261
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1946

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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 months ago (MLSPIN #71790402)

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold
Premium
Sold
Nov 10, 2021 Listed by Gusmini Real Estate $539,000
Listed by Gusmini Real Estate
Jun 23, 2015 Sold
Premium
Sold
Feb 5, 2015 Listed by Gusmini Real Estate $424,000
Listed by Gusmini Real Estate
Jan 4, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 956
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,052
  • Total Building Area: 1,625
  • Gross Building Area: 1,912
  • Building Area: 1,625
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,625
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • 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: 337201

Zoning

  • Zoning: RA

Geography

  • Account Number: 6311
  • District: 284
  • Parcel: STON M:05 B:000 L:36
  • Lot: 36
  • Municipality: STONEHAM
  • Latitude: 42.5002
  • Longitude: -71.0916

    Address

  • Full Address: 59 Park Ave
  • Address - House Number: 59
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C014
  • 4-Digit Zip Code: 4612
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,500

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 671,156
  • High Value: 792,402
  • Low Value: 549,911

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,300
  • Assessed Land Value: $370,500
  • Assessed Improvements Value: $208,800

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 276117
  • Previous Sale Recording Date: Jun 23, 2015
  • Previous Sale Amount: $419,500
  • 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:

$749,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2126 ft²

Average Home Age

65.5 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
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71790402

Frequently Asked Questions

When was property at 59 Park Avenue built and last sold?
The property at 59 Park Avenue was built in 1946 and last sold on Dec 22, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 59 Park Avenue is $545,050.
What are some comparable homes to 59 Park Avenue?
There are currently no comparable homes to 59 Park Avenue.
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