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Stoneham 02180
7 Vera Ln
$560,000
● House - Off Market

7 Vera Ln

Stoneham, MA 02180
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,186 Ft²
$861,107
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Lovely 4 bedroom Garrison Colonial located at end of Cul de Sac.  Formal Dining Room, Fireplaced Living Room, Full Guest Bathroom on 1st Fl. with Laundry.  Dual French sliders lead to oversized multi-tiered Deck that is great for entertaining. Finished Basement with Media Room and Workshop.  4 generously sized bedrooms, full bath with marble tub. Central Air Conditioning, Forced Air Heating. Hardwood Throughout and More! Easy commute to highway 93/95. Walking distance to School. Freshly painted inside and new cooking range. MOVE-IN CONDITION. MUST SEE.
Unit Size
2,186 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$247
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1962

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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 #72135046)

Price History

Date / Event Date Event Price
Apr 10, 2017 Sold
Premium
Sold
Mar 23, 2017 Listed by HMW Real Estate, LLC $539,500
Listed by HMW Real Estate, LLC
Jul 15, 2009 Sold
Premium
Sold
Aug 20, 2008 Listed by HMW Real Estate, LLC $439,900
Listed by HMW Real Estate, LLC
Nov 17, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 870
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 2,186
  • Gross Building Area: 3,582
  • Building Area: 2,186
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,186
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 6726
  • District: 284
  • Parcel: STON M:07 B:000 L:28
  • Lot: 28
  • Municipality: STONEHAM
  • Latitude: 42.4871
  • Longitude: -71.0911

    Address

  • Full Address: 7 Vera Ln
  • Address - House Number: 7
  • Address - Street Name: Vera
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C015
  • 4-Digit Zip Code: 4535
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $777,000

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 860,921
  • High Value: 1,012,159
  • Low Value: 709,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,700
  • Assessed Land Value: $364,000
  • Assessed Improvements Value: $369,700

    Sales

  • Current Sale Recording Date: Apr 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52195
  • Previous Sale Recording Date: Jul 15, 2009
  • Previous Sale Amount: $429,750
  • 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

2042 ft²

Average Home Age

78.7 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: 4 months ago
Data Source: MLS PIN, MLS# 72135046

Frequently Asked Questions

When was property at 7 Vera Lane built and last sold?
The property at 7 Vera Lane was built in 1962 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 7 Vera Lane is $558,533.
What are some comparable homes to 7 Vera Lane?
There are currently no comparable homes to 7 Vera Lane.
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