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Stoneham 02180
8 Arlene Ave
$780,000
● House - Off Market

8 Arlene Ave

Stoneham, MA 02180
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,034 Ft²
$797,135
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Picture perfect sun filled Cape in the desirable Robin Hood School District! Home offers updated eat-in kitchen with quartz counter tops, ss appliances. Staircase from kitchen leads to huge family room with wall to wall carpet, ample closet/storage space. Living room with fireplace, dining room, 1st floor bedroom and full bath. Beautiful hardwood floors throughout the living space and bedrooms. 2nd floor has 2 large bedrooms and full bath. Central AC, in addition the home has 5 ductless mini splits for your added comfort. Oversized 2 car garage. Deck overlooks gorgeous level back yard with pretty stone wall. Convenient to highway, shopping, transportation, playgrounds and Bear Hill Golf Club! This is the one! First showing at OPEN HOUSE Sat/Sun 11-1230pm!
Unit Size
2,034 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$381
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1956

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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 #72993610)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Jun 7, 2022 Listed by William Raveis R. E. & Home Services $775,000
Listed by William Raveis R. E. & Home Services
Dec 3, 2015 Sold
Premium
Sold
Sep 10, 2015 Listed by William Raveis R. E. & Home Services $499,900
Listed by William Raveis R. E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,302
  • Total Building Area: 2,034
  • Gross Building Area: 3,974
  • Building Area: 2,034
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,034
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 337202

Zoning

  • Zoning: RA

Geography

  • Account Number: 2217
  • District: 284
  • Parcel: STON M:15 B:000 L:64
  • Lot: 64
  • Municipality: STONEHAM
  • Latitude: 42.4994
  • Longitude: -71.1084

    Address

  • Full Address: 8 Arlene Ave
  • Address - House Number: 8
  • Address - Street Name: Arlene
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C016
  • 4-Digit Zip Code: 2117
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $732,200

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 786,748
  • High Value: 923,644
  • Low Value: 649,851

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,400
  • Assessed Land Value: $400,100
  • Assessed Improvements Value: $291,300

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115330
  • Previous Sale Recording Date: Dec 03, 2015
  • Previous Sale Amount: $500,000
  • 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:

$744,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2074 ft²

Average Home Age

64.6 years

Currently For Sale

32 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

$2,325 /mo

  • 1 Bed
  • 1 Bath
  • 623 ft²
200 Quannapowitt Parkway #A7, 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# 72993610

Frequently Asked Questions

When was property at 8 Arlene Avenue built and last sold?
The property at 8 Arlene Avenue was built in 1956 and last sold on Jul 28, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 8 Arlene Avenue is $777,025.
What are some comparable homes to 8 Arlene Avenue?
There are currently no comparable homes to 8 Arlene Avenue.
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