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Stoneham 02180
78 Summer St
$367,000
● House - Off Market

78 Summer St

Stoneham, MA 02180
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,008 Ft²
$573,989
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

First time home buyers - and buyers that are downsizing will love the opportunity to add their personal touches to this Stoneham home located just 11 miles north of Boston. The first floor has living room with hardwood flooring, kitchen, quaint dining area, half bath with laundry, and bonus sun room with over-sized sunlit windows.  Hardwood stairs lead to the second floor which boasts two bedrooms with hardwood flooring and a full bath with tub/shower. There is a full size basement with workbench and plenty of storage. The exterior of the home has vinyl siding, deck and detached garage which currently has a shed type door and can easily be converted back to a garage door.  This would be a great condo alternative!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$386
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1900

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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 #72429497)

Price History

Date / Event Date Event Price
Feb 19, 2019 Sold
Premium
Sold
Dec 4, 2018 Listed by Coldwell Banker Residential Brokerage - Winchester $389,000
Listed by Coldwell Banker Residential Brokerage - Winchester
Dec 11, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 618
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,373
  • Total Building Area: 1,008
  • Gross Building Area: 2,002
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: 1604
  • District: 284
  • Parcel: STON M:13 B:000 L:341
  • Lot: 341
  • Municipality: STONEHAM
  • Latitude: 42.476
  • Longitude: -71.0949

    Address

  • Full Address: 78 Summer St
  • Address - House Number: 78
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C009
  • 4-Digit Zip Code: 1938
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $472,100

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 525,452
  • High Value: 614,026
  • Low Value: 436,877

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,800
  • Assessed Land Value: $285,700
  • Assessed Improvements Value: $160,100

    Sales

  • Current Sale Contract Date: Feb 06, 2019
  • Current Sale Recording Date: Feb 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20642
  • Previous Sale Recording Date: Dec 11, 2000
  • Previous Sale Amount: $17,000
  • 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:

$749,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2099 ft²

Average Home Age

73.4 years

Currently For Sale

27 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# 72429497

Frequently Asked Questions

When was property at 78 Summer Street built and last sold?
The property at 78 Summer Street was built in 1900 and last sold on Feb 6, 2019 for $367,000.
How much is this home worth?
The estimated value of the home located at 78 Summer Street is $393,341.
What are some comparable homes to 78 Summer Street?
There are currently no comparable homes to 78 Summer Street.
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