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Stoneham 02180
612 Main St.
$350,000
● House - Off Market

612 Main St.

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,484 Ft²
$594,525
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION OPPORTUNITY Seller has town approval to build a TWO FAMILY home. Existing home features hardwood floors throughout, gas hookup, and 2 car garage. 612 Main St is conveniently located 15 minutes north of Boston, seconds from 93 and downtown Stoneham and the MBTA bus stop is located in front of the home.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$249
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1924

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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 #72056725)

Price History

Date / Event Date Event Price
Mar 2, 2017 Sold
Premium
Sold
Aug 22, 2016 Listed by GDP Real Estate Group, LLC $369,900
Listed by GDP Real Estate Group, LLC
Nov 20, 2015 Sold
Premium
Sold
Oct 28, 2015 Listed by GDP Real Estate Group, LLC $299,900
Listed by GDP Real Estate Group, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 735
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,299
  • Total Building Area: 2,029
  • Gross Building Area: 3,372
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: 337102

Zoning

  • Zoning: RB

Geography

  • Account Number: 4094
  • District: 284
  • Parcel: STON M:19 B:000 L:319
  • Lot: 319
  • Municipality: STONEHAM
  • Latitude: 42.4663
  • Longitude: -71.1005

    Address

  • Full Address: 612 Main St
  • Address - House Number: 612
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C001
  • 4-Digit Zip Code: 2811
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $802,100

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 776,179
  • High Value: 920,602
  • Low Value: 631,756

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $757,400
  • Assessed Land Value: $317,600
  • Assessed Improvements Value: $439,800

    Sales

  • Current Sale Recording Date: Mar 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1755114
  • Previous Sale Recording Date: Nov 20, 2015
  • Previous Sale Amount: $305,000
  • 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:

$749,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2119 ft²

Average Home Age

75.3 years

Currently For Sale

28 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# 72056725

Frequently Asked Questions

When was property at 612 Main Street built and last sold?
The property at 612 Main Street was built in 1924 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 612 Main Street is $382,426.
What are some comparable homes to 612 Main Street?
There are currently no comparable homes to 612 Main Street.
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