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Medford 02155 North Medford
82 Mccormack Ave
$725,000
● House - Off Market

82 Mccormack Ave

Medford, MA 02155
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,757 Ft²
$773,741
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

Amazing location!  Close to Orange line, 93, Wrights Pond, and hiking in the Fells, on a friendly and quiet dead-end street leading to Carr Park which is about to undergo a renovation to include new playgrounds, courts, and skate and splash pads.  Open floor plan with new kitchen, first and lower level family rooms, mud room, gracious entry, 3 bedrooms, 3 full bathrooms, architectural charm, private yard with mature flowering gardens, garage workshop, and 3 car driveway. Gorgeous hardwood floors throughout the entire home INCLUDING under carpeted areas. Newer heating system and new mini splits.
Unit Size
1,757 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$415
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1929

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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: 6 months ago (MLSPIN #73059776)

Price History

Date / Event Date Event Price
Feb 27, 2023 Sold
Premium
Sold
Jan 2, 2023 In contract -
In contract
Nov 18, 2022 Listed by Keller Williams Realty Evolution $729,900
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • 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: 0
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,260
  • Total Building Area: 1,757
  • Gross Building Area: 2,772
  • Building Area: 1,757
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,757
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 340100

Geography

  • Account Number: 2604
  • Parcel: MEDF M:F-13 B:0016
  • Block: 16
  • Municipality: MEDFORD
  • Latitude: 42.432
  • Longitude: -71.0958

    Address

  • Full Address: 82 Mccormack Ave
  • Address - House Number: 82
  • Address - Street Name: Mccormack
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Medford
  • Carrier Code: C016
  • 4-Digit Zip Code: 1734
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $601,300

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 806,803
  • High Value: 946,160
  • Low Value: 667,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $695,200
  • Assessed Land Value: $325,600
  • Assessed Improvements Value: $369,600

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Feb 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1932802
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 North Medford

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$475

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2179 ft²

Average Home Age

82.7 years

Currently For Sale

18 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 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73059776

Frequently Asked Questions

When was property at 82 McCormack Avenue built and last sold?
The property at 82 McCormack Avenue was built in 1929 and last sold on Feb 27, 2023 for $725,000.
How much is this home worth?
The estimated value of the home located at 82 McCormack Avenue is $739,068.
What are some comparable homes to 82 McCormack Avenue?
There are currently no comparable homes to 82 McCormack Avenue.
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