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Stoneham 02180
7 Gerry Court
$460,000
● House - Off Market

7 Gerry Court

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,518 Ft²
$649,863
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Charming Colonial style home located on a dead street across from the recreational park and just minutes from the town center and restaurants.The main level features a large living room, dining room, a spacious newer kitchen with granite counter tops and oak cabinets which is adjacent to a mudroom plus a first floor bedroom and half bath. The second floor offers two additional bedrooms and a large full bath. The lower level includes more living space that can be used as an office/work shop and a half bath with plumbing to add a shower.  A large three season porch overlooking a lovey corner lot, a good size deck, patio and driveway with ample space for parking.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$289
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1848

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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 #72351017)

Price History

Date / Event Date Event Price
Sep 4, 2018 Sold
Premium
Sold
Jun 21, 2018 Listed by Century 21 Commonwealth $439,000
Listed by Century 21 Commonwealth
Jun 14, 2013 Sold
Premium
Sold
Apr 24, 2013 Listed by Century 21 Commonwealth $349,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1848
  • Effective Year Built: 1848
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 567
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,056
  • Total Building Area: 1,518
  • Gross Building Area: 2,618
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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: 337300

Zoning

  • Zoning: RA

Geography

  • Account Number: 1770
  • District: 284
  • Parcel: STON M:13 B:000 L:49
  • Lot: 49
  • Municipality: STONEHAM
  • Latitude: 42.4782
  • Longitude: -71.096

    Address

  • Full Address: 7 Gerry Ct
  • Address - House Number: 7
  • Address - Street Name: Gerry
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C009
  • 4-Digit Zip Code: 1854
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,500

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 673,704
  • High Value: 828,427
  • Low Value: 518,982

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,800
  • Assessed Land Value: $341,700
  • Assessed Improvements Value: $230,100

    Sales

  • Current Sale Recording Date: Sep 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136480
  • Previous Sale Recording Date: Jun 14, 2013
  • Previous Sale Amount: $349,900
  • 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

2040 ft²

Average Home Age

65.6 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# 72351017

Frequently Asked Questions

When was property at 7 Gerry Court built and last sold?
The property at 7 Gerry Court was built in 1848 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 7 Gerry Court is $454,889.
What are some comparable homes to 7 Gerry Court?
There are currently no comparable homes to 7 Gerry Court.
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