Active
10 Days on market
200 Park Terrace Drive #255 Stoneham — Photo 1 of 25

200 Park Terrace Drive #255 Stoneham — Photo 1 of 25

$339,900

Investment Analysis — 200 Park Terrace Drive #255

Stoneham, MA 02180 — Haywardville

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02180 carries an estimated $2,250/mo in gross rent — about a 3.46% cap rate and $11,775/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

638

Style

Condominium

Built

1962

Never worry about anyone living above you in this rarely available top floor unit at the highly sought-after Park Terrace Condominiums! This one-bedroom condominium offers comfortable living space in one of Stoneham's most sought-after communities on the Stoneham–Melrose line. Building amenities are second to none — in-ground swimming pool and pool house, private tennis courts, individual parking, beautifully landscaped grounds, laundry facilities on every floor, newer elevator, and a picnic / barbecue area providing effortless and worry-free living. Inside the condo the living area opens through sliding doors to a private balcony — an ideal spot to relax and enjoy the outdoors. The oversized bedroom offers a walk-in closet, while the kitchen and full bath are move in ready. Additional features include newer flooring, and a wall air conditioning. And heat and hot water are included in the condo fee making budgeting simple! Nature lovers will love being close to the Middlesex Fells Reservation and Spot Pond with miles of trails. Easy location for commuters close to Oak Grove T Station, Wyoming Hill Commuter Rail Station, Route 93 and Route 1 makes getting anywhere effortless. Don't miss this rare opportunity units like this don't come around often!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$339,900
Annual Taxes$3,062
HOA Fee$473.59

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
Roof--
Foundation--
ZoningR8

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Kara Dibenedetto

Listing Office: Coldwell Banker Realty - Beverly

MLS® Number: 73570967