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Stoneham 02180
7 Nixon Ln
$450,000
● House - Off Market

7 Nixon Ln

Stoneham, MA 02180
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,948 Ft²
$995,719
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Centrally Located in Stoneham and close to all Major Routes! This Well Maintained Oversized Split Entry offers 4 Spacious Bedrooms with Hardwood Floors including Master w/bth, Updated Eat in Kitchen , Newly Finished Hardwood Floors - DR & Fireplace LR.  Lower Level offers New Berber in FR w/fireplace,Office/Work Room w/closet, Full Bth & Laundry/Storage Area. This home is fitting for the extended family! 35x14  Deck & Covered/Screened Patio overlooking the yard is perfect for Seasonal Weather!
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$236
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1968

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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 #71291515)

Price History

Date / Event Date Event Price
Dec 16, 2011 Sold
Premium
Sold
Sep 23, 2011 Listed by Century 21 CELLI $459,900
Listed by Century 21 CELLI

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 1,888
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,764
  • Total Building Area: 2,892
  • Gross Building Area: 4,816
  • Building Area: 2,892
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,892
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000362
  • 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: 679
  • District: 284
  • Parcel: STON M:11 B:000 L:30
  • Lot: 30
  • Municipality: STONEHAM
  • Latitude: 42.4953
  • Longitude: -71.0992

    Address

  • Full Address: 7 Nixon Ln
  • Address - House Number: 7
  • Address - Street Name: Nixon
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C010
  • 4-Digit Zip Code: 3318
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $860,300

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 926,325
  • High Value: 1,089,661
  • Low Value: 762,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $812,400
  • Assessed Land Value: $371,300
  • Assessed Improvements Value: $441,100

    Sales

  • Current Sale Recording Date: Apr 27, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 64397
  • Previous Sale Recording Date: Dec 16, 2011
  • Previous Sale Amount: $450,000
  • 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:

$749,450

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2043 ft²

Average Home Age

65.5 years

Currently For Sale

31 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

$4,125 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 71291515

Frequently Asked Questions

When was property at 7 Nixon Lane built and last sold?
The property at 7 Nixon Lane was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Nixon Lane is $481,191.
What are some comparable homes to 7 Nixon Lane?
There are currently no comparable homes to 7 Nixon Lane.
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