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Stoneham 02180
7 Cedarway
Photo of 7 Cedarway
Sold on Mar 13, 2007

1

Map

$346,900
● House - Off Market

7 Cedarway

Stoneham, MA 02180
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,560 Ft²
$641,584
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

THE perfect condo alternative! Renovated Bungalow in Stoneham w/all new kit. w/Maple cabs, Granite counters, & Stainless Steel appl. equipped w/a breakfast bar ovrlking open DR & LR. Fabulous open layout perfect for entertaining w/a blend of new & charm captured by tall ceilings, gorgeous moldings, hdwd flrs thru-out, & oversized windows that bring in THE most natural light. Updated plumbing & electrical & full, walk-out basement. Bonus 2nd flr for play area/storage. New deck to be built!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$218
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1929

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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 #70485490)

Price History

Date / Event Date Event Price
May 7, 2010 Sold
Premium
Sold
Dec 4, 2009 Listed $319,900
Listed
Mar 13, 2007 Sold
Premium
Sold
Nov 4, 2006 Listed $339,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,080
  • Gross Building Area: 3,364
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEHAM
  • Land Acres: 0000000230
  • 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: 143
  • District: 284
  • Parcel: STON M:01 B:000 L:238
  • Lot: 238
  • Municipality: STONEHAM
  • Latitude: 42.4838
  • Longitude: -71.0794

    Address

  • Full Address: 7 Cedarway
  • Address - House Number: 7
  • Address - Street Name: Cedarway
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1305
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,400

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 801,721
  • High Value: 942,559
  • Low Value: 660,882

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $650,000
  • Assessed Land Value: $350,000
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: May 07, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00073937
  • Previous Sale Recording Date: Mar 13, 2007
  • Previous Sale Amount: $346,900
  • 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

2246 ft²

Average Home Age

69.8 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 months ago
Data Source: MLS PIN, MLS# 70485490

Frequently Asked Questions

When was property at 7 Cedarway built and last sold?
The property at 7 Cedarway was built in 1929 and last sold on Jan 1, 1970 for $312,500.
How much is this home worth?
The estimated value of the home located at 7 Cedarway is $342,013.
What are some comparable homes to 7 Cedarway?
There are currently no comparable homes to 7 Cedarway.
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