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Winchester 01890 Wedgemere
9 Madison Avenue
$816,000
● House - Off Market

9 Madison Avenue

Winchester, MA 01890
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,068 Ft²
$1,945,332
RealtyHop Estimate
172.07%
Since Jan 1, 2001
MA-Boston
Primary Model

About This Property

ANTIQUE GEM. MOVE-IN COND, IDEAL LOC. WLK TO BUS, TRAIN, PRK & TOWN. SLIDRS TO LVLY FNCED-IN YD & PATIO FROM KIT. LR ORIGINALLY DBLE PARLOR. CLIMATE CONTROL WINE CELLAR. MANSARD PORTION OF ROOF SLATED. PREF 1/31/01 CLOSE.
Unit Size
3,068 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$233
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1865

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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 years ago (MLSPIN #30449266)

Price History

Date / Event Date Event Price
Jul 29, 2003 Sold
Premium
Sold
Apr 17, 2003 Listed $989,000
Listed
Dec 28, 2000 Sold
Premium
Sold
Sep 28, 2000 Listed $715,000
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 822
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,421
  • Total Building Area: 3,358
  • Gross Building Area: 4,774
  • Building Area: 3,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,358
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338500

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:006 B:0342 L:0
  • Block: 342
  • Municipality: WINCHESTER
  • Latitude: 42.4436
  • Longitude: -71.1332

    Address

  • Full Address: 9 Madison Ave
  • Address - House Number: 9
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Winchester
  • Carrier Code: C016
  • 4-Digit Zip Code: 3025
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,148,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,840,947
  • High Value: 2,255,827
  • Low Value: 1,426,066

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,896,100
  • Assessed Land Value: $1,009,700
  • Assessed Improvements Value: $886,400

    Sales

  • Current Sale Recording Date: Jul 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 197
  • Previous Sale Recording Date: Dec 28, 2000
  • Previous Sale Amount: $816,000
  • 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 Wedgemere

Stats & Trends

Median Asking:

$2,049,000

Sale Price/ft²

$556

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3469 ft²

Average Home Age

64.7 years

Currently For Sale

7 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30449266

Frequently Asked Questions

When was property at 9 Madison Avenue built and last sold?
The property at 9 Madison Avenue was built in 1865 and last sold on Jan 1, 1970 for $939,000.
How much is this home worth?
The estimated value of the home located at 9 Madison Avenue is $0.
What are some comparable homes to 9 Madison Avenue?
There are currently no comparable homes to 9 Madison Avenue.
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