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Stoneham 02180
6 Vernon Ave
$397,200
● House - Off Market

6 Vernon Ave

Stoneham, MA 02180
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$673,663
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

MOVE-IN-CONDITION Front to back Ranch situated on residential side street near Wakefield line.  Features Fireplaced Living Room with beamed cathedral ceiling, eat-in kitchen with separate dining room (could also be den or 3rd bedroom), wall unit air conditioners, 16 x 32 patio with hot tub, partially fenced yard. Unfinished basement area (bathroom plumbing roughed in) offers unlimited potential.  Open space basement ready for finishing, with separate workshop area approx 10'x12'.  Updates  include roof, some newer windows, heating system, security system, six panel interior doors.  Set on manicured lot. Separate water meter for outside water useage.  Convenient to train, bus, highways & shopping.   A Great home for first time or downsizing buyers. Priced to sell !!!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$407
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1978

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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 #72090157)

Price History

Date / Event Date Event Price
Dec 7, 2016 Sold
Premium
Sold
Nov 5, 2016 Listed by USA Realty Associates $409,900
Listed by USA Realty Associates
Dec 4, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,008
  • Gross Building Area: 2,032
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 337101

Zoning

  • Zoning: RA

Geography

  • Account Number: 6375
  • District: 284
  • Parcel: STON M:06 B:000 L:150
  • Lot: 150
  • Municipality: STONEHAM
  • Latitude: 42.4906
  • Longitude: -71.0865

    Address

  • Full Address: 6 Vernon Ave
  • Address - House Number: 6
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C004
  • 4-Digit Zip Code: 3462
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $559,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 629,795
  • High Value: 731,903
  • Low Value: 527,687

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,100
  • Assessed Land Value: $306,300
  • Assessed Improvements Value: $221,800

    Sales

  • Current Sale Contract Date: Dec 01, 2016
  • Current Sale Recording Date: Dec 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1748593
  • Previous Sale Recording Date: Dec 04, 1986
  • Previous Sale Amount: $70,000
  • 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 Stoneham

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2020 ft²

Average Home Age

67.3 years

Currently For Sale

29 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# 72090157

Frequently Asked Questions

When was property at 6 Vernon Avenue built and last sold?
The property at 6 Vernon Avenue was built in 1978 and last sold on Dec 1, 2016 for $397,200.
How much is this home worth?
The estimated value of the home located at 6 Vernon Avenue is $415,540.
What are some comparable homes to 6 Vernon Avenue?
There are currently no comparable homes to 6 Vernon Avenue.
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