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Medford 02155 West Medford
9 Schoolhouse Rd
$435,000
● House - Off Market

9 Schoolhouse Rd

Medford, MA 02149
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,542 Ft²
$831,891
RealtyHop Estimate
108.02%
Since Feb 1, 2013
MA-Boston
Primary Model

About This Property

Impeccable 3 bedroom, 2  bath home loaded with charm and character!  This lovely home has an open floor plan, loads of windows w/ natural light & gleaming hardwood floors. A partially finished basement with full bath, kitchenette and additional room ideal for au pair suite, inlaw or family room. Many new updates including roof, electrical, heating system and hot water tank, ext. painting and front steps. Fantastic location between West Medford & Medford Sq. on a dead end street!
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$259
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1926

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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 #71453469)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Dec 28, 2012 Sold
Premium
Sold
Nov 1, 2012 Listed by Keller Williams Realty Boston-Metro | Back Bay $399,900
Listed by Keller Williams Realty Boston-Metro | Back Bay
Feb 5, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 4,770
  • Total Building Area: 1,798
  • Gross Building Area: 2,884
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFORD
  • Land Acres: 0000000110
  • 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: 339200

Geography

  • Account Number: 8247
  • Parcel: MEDF M:L-06 B:0068
  • Block: 68
  • Municipality: MEDFORD
  • Latitude: 42.4203
  • Longitude: -71.1193

    Address

  • Full Address: 9 Schoolhouse Rd
  • Address - House Number: 9
  • Address - Street Name: Schoolhouse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C038
  • 4-Digit Zip Code: 3711
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $735,900

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,000,198
  • High Value: 1,174,335
  • Low Value: 826,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $850,800
  • Assessed Land Value: $395,200
  • Assessed Improvements Value: $455,600

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6355
  • Previous Sale Recording Date: Dec 28, 2012
  • Previous Sale Amount: $435,000
  • 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 West Medford

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$501

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2461 ft²

Average Home Age

61.5 years

Currently For Sale

17 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 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71453469

Frequently Asked Questions

When was property at 9 School House Road built and last sold?
The property at 9 School House Road was built in 1926 and last sold on Jan 19, 2024 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 9 School House Road is $0.
What are some comparable homes to 9 School House Road?
There are currently no comparable homes to 9 School House Road.
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