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Stoneham 02180
9 Cedar Ave
$426,500
● House - Off Market

9 Cedar Ave

Stoneham, MA 02180
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,200 Ft²
$792,215
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

RARE TO FIND A COLN HOME W/LOADS OF POSSIBILITIES AND SPACE SET ON A GORGEOUS 30k+ LOT. NEEDS SOME WORK TO RESTORE TO ITS ORIGINAL GRACIOUS CHARM. UPDATED ELECTRIC, VINYL SIDING, HIGH CEILINGS, SOME NEW WINDOWS.  SUBJ TO SELLER FINDING SUITABLE HOUSING.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$191
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1888

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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 #30801577)

Price History

Date / Event Date Event Price
Jun 29, 2004 Sold
Premium
Sold
Jan 8, 2004 Listed by Re/max Top Achievers, Inc. $419,900
Listed by Re/max Top Achievers, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,069
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,130
  • Total Building Area: 2,369
  • Gross Building Area: 4,260
  • Building Area: 2,369
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,369
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000692
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Stoneham School District
  • School Tax School District: STONEHAM SD
  • Census Tract: 337300

Zoning

  • Zoning: RA

Geography

  • Account Number: 3909
  • District: 284
  • Parcel: STON M:18 B:000 L:79
  • Lot: 79
  • Municipality: STONEHAM
  • Latitude: 42.4806
  • Longitude: -71.1046

    Address

  • Full Address: 9 Cedar Ave
  • Address - House Number: 9
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Stoneham
  • Carrier Code: C007
  • 4-Digit Zip Code: 2420
  • Zip Code: 02180

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,700

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 720,634
  • High Value: 887,323
  • Low Value: 553,946

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $684,300
  • Assessed Land Value: $354,600
  • Assessed Improvements Value: $329,700

    Sales

  • Current Sale Recording Date: May 05, 2005
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01372925
  • Previous Sale Recording Date: Jun 29, 2004
  • Previous Sale Amount: $426,500
  • Previous Sale Document Type: 48
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

2047 ft²

Average Home Age

73.7 years

Currently For Sale

29 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# 30801577

Frequently Asked Questions

When was property at 9 Cedar Avenue built and last sold?
The property at 9 Cedar Avenue was built in 1888 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Cedar Avenue is $449,983.
What are some comparable homes to 9 Cedar Avenue?
There are currently no comparable homes to 9 Cedar Avenue.
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