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Woburn 01801 Cummingsville
1 Bruce Road
$562,500
● House - Off Market

1 Bruce Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,744 Ft²
$830,293
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Attention first home buyers and investors, impressive value on this picture perfect cape style home with a long list of updates. The welcoming floor plan features an updated kitchen with stainless steel appliances, hardwood flooring throughout and a two modern updated bathrooms.Major improvements has been done to the house.  Brokers, bring your buyers to see this property as it will speak for itself. Nothing to do but move in and enjoy it! Property sold as it is!!  Offers, if any, will be reviewed on Tuesday 05/08/18.  OPEN HOUSE ON SATURDAY 05/05/18 FROM 1:00 - 3:00 PM.
Unit Size
1,744 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$321
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1953

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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 #72319380)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by PCJ Residential Real Estate, LLC $639,900
Listed by PCJ Residential Real Estate, LLC
May 29, 2018 Sold
Premium
Sold
May 2, 2018 Listed by PCJ Residential Real Estate, LLC $559,900
Listed by PCJ Residential Real Estate, LLC
Jan 9, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 560
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,690
  • Total Building Area: 1,744
  • Gross Building Area: 2,875
  • Building Area: 1,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,744
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Woburn School District
  • School Tax School District: WOBURN SD
  • Census Tract: 333200

Zoning

  • Zoning: R-1

Geography

  • Account Number: 186875053998 0
  • Parcel: WOBU M:41 B:05 L:17 U:00
  • Block: 5
  • Lot: 17
  • Municipality: WOBURN
  • Latitude: 42.4814
  • Longitude: -71.1751

    Address

  • Full Address: 1 Bruce Rd
  • Address - House Number: 1
  • Address - Street Name: Bruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C024
  • 4-Digit Zip Code: 3401
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $555,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 754,871
  • High Value: 887,628
  • Low Value: 622,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $639,000
  • Assessed Land Value: $315,000
  • Assessed Improvements Value: $324,000

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 189143
  • Previous Sale Recording Date: May 29, 2018
  • Previous Sale Amount: $562,500
  • 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 Cummingsville

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1823 ft²

Average Home Age

78.3 years

Currently For Sale

11 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 Corporate Drive, Burlington, MA, 01803

$3,035 /mo

  • 1 Bed
  • 1 Bath
  • 852 ft²
20 Corporate Drive #A1CDES, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,505 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72319380

Frequently Asked Questions

When was property at 1 Bruce Road built and last sold?
The property at 1 Bruce Road was built in 1953 and last sold on Aug 24, 2021 for $665,000.
How much is this home worth?
The estimated value of the home located at 1 Bruce Road is $650,382.
What are some comparable homes to 1 Bruce Road?
There are currently no comparable homes to 1 Bruce Road.
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