$389,000
●
Condo -
Off Market
1 Albert Dr #2
Woburn, MA 01801
2 Beds
1 Bath
820 Ft²
$2,693
Est. Monthly
$591
HOA / Fees
6.63%
Cap Rate
About This Property
Welcome to this bright and inviting 2-bedroom, 1-bath condo located
in the desirable Park Place Condominiums. The spacious open-concept
living and dining area is filled with natural light, thanks to a
large Andersen window that creates a warm and welcoming atmosphere.
The eat-in kitchen flows seamlessly into the living space, making
it perfect for everyday living and entertaining.Both bedrooms are
generously sized and offer ample closet space for all your storage
needs. With summer just around the corner, you'll love taking
advantage of the community amenities, including beautifully
maintained barbecue areas and a sparkling in-ground
pool.Conveniently located near major commuting routes, shopping
centers, and a variety of restaurants, this condo offers the
perfect blend of comfort, convenience, and lifestyle.
Unit Size
820 Ft²
Days on Market
-
Land Size
-
Price per sqft
$474
Property Type
Condo
Property Taxes
$192
HOA Dues
$591
Year Built
1965
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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: 2 years ago (MLSPIN #73357839)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2025 | No longer available | - | |
| No longer available | |||
| Jul 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 15, 2025 | Price Decreased |
$389,000
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$392,000
↓ $3K
(0.8%) | |
| Price Decreased | |||
| May 10, 2025 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Parking Details
Has Open Parking
Parking Features: Off Street, Common, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Laminate, Wood Laminate
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 820
Year Built Source: Public Records
Year Built: 1965
Building Name: Park Place Condominiums
Building Area Total: 820
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick, Stone
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $286,100
Tax Annual Amount: $2,306
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
HOA Fee: $591
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2026
|
2 Bed
|
1 Bath
|
820 ft²
|
$365,000
2 Bed
1 Bath
820 ft²
|
$350,000
-4.11%
08/31/2026
|
Kevin Constantine
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/10/2025
|
2 Bed
|
1 Bath
|
820 ft²
|
$399,999
2 Bed
1 Bath
820 ft²
|
-
-
|
Heather Torra
Aspen Realty Group LLC
| |
|
07/30/2024
|
2 Bed
|
1 Bath
|
820 ft²
|
$360,000
2 Bed
1 Bath
820 ft²
|
$395,000
+9.72%
08/28/2024
|
Kelly Batti
Coldwell Banker Realty - Arlington
| |
|
05/12/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$290,000
2 Bed
1 Bath
820 ft²
|
$293,000
+1.03%
07/12/2021
|
Cathy Paolillo
Redfin Corp.
| |
|
05/03/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$299,000
2 Bed
1 Bath
820 ft²
|
$322,000
+7.69%
06/18/2021
|
Jennifer Comee
RE/MAX American Dream
| |
|
04/08/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$299,900
2 Bed
1 Bath
820 ft²
|
$299,900
09/01/2021
|
Jacquelyn Santini
RE/MAX Encore
| |
|
02/16/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$319,000
2 Bed
1 Bath
820 ft²
|
$319,000
04/02/2021
|
Dina Kahriman
Dina's Realty, LLC
| |
|
08/07/2019
|
2 Bed
|
1 Bath
|
820 ft²
|
$285,000
2 Bed
1 Bath
820 ft²
|
$290,500
+1.93%
09/30/2019
|
Katie Billingsley
Century 21 North East
| |
|
12/27/2018
|
2 Bed
|
1 Bath
|
820 ft²
|
$284,900
2 Bed
1 Bath
820 ft²
|
$290,000
+1.79%
02/22/2019
|
Joanne Mulkerin
Compass
| |
|
07/21/2017
|
2 Bed
|
1 Bath
|
820 ft²
|
$259,000
2 Bed
1 Bath
820 ft²
|
$276,000
+6.56%
08/23/2017
|
Joseph Firicano
Boston Hub Real Estate
| |
|
02/02/2016
|
2 Bed
|
1 Bath
|
820 ft²
|
$239,900
2 Bed
1 Bath
820 ft²
|
$239,900
03/15/2016
|
Rob Viola
Brad Hutchinson Real Estate
| |
|
09/05/2013
|
2 Bed
|
1 Bath
|
820 ft²
|
$219,900
2 Bed
1 Bath
820 ft²
|
$219,900
10/25/2013
|
Tony Viscione
Keller Williams Realty Boston Northwest
| |
|
03/24/2008
|
2 Bed
|
1 Bath
|
820 ft²
|
$159,000
2 Bed
1 Bath
820 ft²
|
$145,000
-8.81%
05/14/2008
|
Felicity Tuttle
Better Homes and Gardens Real Estate - The Shanahan Group
| |
|
02/17/2006
|
2 Bed
|
1 Bath
|
820 ft²
|
$229,900
2 Bed
1 Bath
820 ft²
|
$221,000
-3.87%
04/28/2006
|
Vanessa O'Donnell
| |
|
10/13/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$214,900
2 Bed
1 Bath
820 ft²
|
$210,000
-2.28%
11/30/2005
|
Barbara Rossetti
Century 21 Commonwealth
| |
|
08/28/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$209,900
2 Bed
1 Bath
820 ft²
|
$202,000
-3.76%
04/26/2006
|
Wilhemina Kanelos
EXIT Premier Real Estate
| |
|
08/02/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$227,900
2 Bed
1 Bath
820 ft²
|
$216,000
-5.22%
12/29/2005
|
Kathleen Briand
Prudential Preferred Realty
| |
|
06/16/2003
|
2 Bed
|
1 Bath
|
820 ft²
|
$189,900
2 Bed
1 Bath
820 ft²
|
$185,000
-2.58%
08/15/2003
|
Roland Spadafora
CENTURY 21 GR Associates
| |
|
05/01/2003
|
1 Bed
|
1 Bath
|
525 ft²
|
$139,900
1 Bed
1 Bath
525 ft²
|
$139,900
08/04/2003
|
Donna Russell
Prudential Ursula Stephan
| |
|
08/04/2001
|
2 Bed
|
1 Bath
|
820 ft²
|
$169,900
2 Bed
1 Bath
820 ft²
|
$169,900
09/28/2001
|
Doris Carlson
Fudge Properties
| |
|
11/08/2000
|
2 Bed
|
1 Bath
|
820 ft²
|
$145,000
2 Bed
1 Bath
820 ft²
|
$145,000
01/30/2001
|
Debra Ahern Weber
Exit Personal Choice Realty
| |
|
03/23/2000
|
1 Bed
|
1 Bath
|
465 ft²
|
$79,900
1 Bed
1 Bath
465 ft²
|
$72,900
-8.76%
06/16/2000
|
Lee Staaf
Carlson GMAC Real Estate
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017