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Woburn 01801 Downtown Woburn
1 Hamilton Rd
$700,000
● House - Off Market

1 Hamilton Rd

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,416 Ft²
$751,586
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Marvelous Dutch Colonial home in Central Square. Fully renovated home with lovely new open floor plan.  The kitchen has been gut renovated and a 1/2 bath has been added to the first floor!  2nd floor has generous master bedroom with ample closet space.  Also, brand new expanded bath on the 2nd floor as well.  Central air for heat and a/c with 2 zones.  Brand new slider to the spacious and cozy back yard area.  The home is situated close to both the downtown area and the neighborhood elementary school.
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$494
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1928

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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 #73051476)

Price History

Date / Event Date Event Price
Dec 7, 2022 Sold
Premium
Sold
Nov 11, 2022 In contract -
In contract
Oct 24, 2022 Listed by Better Homes and Gardens Real Estate - The Shanahan Group $699,000
Listed by Better Homes and Gardens Real Estate - The Shanahan Group
Jan 19, 2021 Sold
Premium
Sold
Nov 30, 2020 Listed by Better Homes and Gardens Real Estate - The Shanahan Group $579,000
Listed by Better Homes and Gardens Real Estate - The Shanahan Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 704
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,416
  • Gross Building Area: 2,232
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 333501

Zoning

  • Zoning: R-1

Geography

  • Account Number: 146921854361 0
  • Parcel: WOBU M:35 B:09 L:20 U:00
  • Block: 9
  • Lot: 20
  • Municipality: WOBURN
  • Latitude: 42.4914
  • Longitude: -71.1576

    Address

  • Full Address: 1 Hamilton Rd
  • Address - House Number: 1
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C035
  • 4-Digit Zip Code: 2326
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 673,636
  • High Value: 778,428
  • Low Value: 568,844

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503,700
  • Assessed Land Value: $253,000
  • Assessed Improvements Value: $250,700

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1928569
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Jan 11, 2021
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Downtown Woburn

Stats & Trends

Median Asking:

$726,950

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1761 ft²

Average Home Age

78.1 years

Currently For Sale

27 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 2 Littles Brook Court, Burlington, MA, 01803

$3,405 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
2 Littles Brook Court #Dover, 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# 73051476

Frequently Asked Questions

When was property at 1 Hamilton Road built and last sold?
The property at 1 Hamilton Road was built in 1928 and last sold on Dec 6, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 1 Hamilton Road is $695,837.
What are some comparable homes to 1 Hamilton Road?
There are currently no comparable homes to 1 Hamilton Road.
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