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Medford 02155 Lawrence Estates
98 Ramshead Road
$621,700
● House - Off Market

98 Ramshead Road

Medford, MA 02155
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,636 Ft²
$915,380
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

**Open House Saturday & Sunday 12-1:30** This move in ready colonial is situated on a quiet dead end street in one of Medford's premier neighborhoods in the Lawrence Estates. Commuters dream location with easy access to Route 93, commuter train and bus lines into Boston. This home boasts 3 great sized bedrooms and an office. Including 1.5 baths and a bonus porch off the bedroom. Hardwood floors throughout the house with a fireplaced living room.
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$360
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1935

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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 #72188082)

Price History

Date / Event Date Event Price
Aug 4, 2017 Sold
Premium
Sold
Jun 22, 2017 Listed by Century 21 Commonwealth $589,000
Listed by Century 21 Commonwealth
Jul 15, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 6,600
  • Total Building Area: 1,636
  • Gross Building Area: 3,504
  • Building Area: 1,636
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,636
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 339102

Geography

  • Account Number: 3703
  • Parcel: MEDF M:H-07 B:0011
  • Block: 11
  • Municipality: MEDFORD
  • Latitude: 42.4275
  • Longitude: -71.1185

    Address

  • Full Address: 98 Ramshead Rd
  • Address - House Number: 98
  • Address - Street Name: Ramshead
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medford
  • Carrier Code: C051
  • 4-Digit Zip Code: 2451
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633,800

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 908,511
  • High Value: 1,066,210
  • Low Value: 750,811

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $732,700
  • Assessed Land Value: $435,400
  • Assessed Improvements Value: $297,300

    Sales

  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124620
  • Previous Sale Recording Date: Jul 15, 2014
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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 Lawrence Estates

Stats & Trends

Median Asking:

$912,450

Sale Price/ft²

$500

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2067 ft²

Average Home Age

90 years

Currently For Sale

14 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 months ago
Data Source: MLS PIN, MLS# 72188082

Frequently Asked Questions

When was property at 98 Ramshead Road built and last sold?
The property at 98 Ramshead Road was built in 1935 and last sold on Jan 1, 1970 for $621,700.
How much is this home worth?
The estimated value of the home located at 98 Ramshead Road is $613,641.
What are some comparable homes to 98 Ramshead Road?
There are currently no comparable homes to 98 Ramshead Road.
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