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Woburn 01801 Shakerhill
1 Minchin Drive
$370,000
● House - Off Market

1 Minchin Drive

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
944 Ft²
$701,292
RealtyHop Estimate
84.60%
Since Jan 1, 2005
MA-Boston
Primary Model

About This Property

3 Bedroom ranch on beautiful landscaped corner lot in top West Side neighborhood.  This home has central A/C, screened porch, storage shed, fireplace, and underground sprinkler system.  Hardwood floors throughout.
Unit Size
944 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$402
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70089924)

Price History

Date / Event Date Event Price
Dec 8, 2010 Sold
Premium
Sold
Apr 25, 2010 Listed by Carlson GMAC Real Estate $279,900
Listed by Carlson GMAC Real Estate
Dec 17, 2004 Sold
Premium
Sold
Sep 13, 2004 Listed by Carlson GMAC Real Estate $379,900
Listed by Carlson GMAC Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 996
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 996
  • Gross Building Area: 2,572
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 333100

Zoning

  • Zoning: R-1

Geography

  • Account Number: 426856353075 0
  • Parcel: WOBU M:78 B:05 L:09 U:00
  • Block: 5
  • Lot: 9
  • Municipality: WOBURN
  • Latitude: 42.4562
  • Longitude: -71.182

    Address

  • Full Address: 1 Minchin Dr
  • Address - House Number: 1
  • Address - Street Name: Minchin
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 5932
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,400

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 671,317
  • High Value: 796,307
  • Low Value: 546,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,700
  • Assessed Land Value: $334,900
  • Assessed Improvements Value: $228,800

    Sales

  • Current Sale Recording Date: Dec 08, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00226196
  • Previous Sale Recording Date: Dec 17, 2004
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 27
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 Shakerhill

Stats & Trends

Median Asking:

$1,024,950

Sale Price/ft²

$479

Below Asking

0.02%

Average Days on Market

51

Average Home Size

3895 ft²

Average Home Age

37.7 years

Currently For Sale

17 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

$2,820 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70089924

Frequently Asked Questions

When was property at 1 Minchin Drive built and last sold?
The property at 1 Minchin Drive was built in 1954 and last sold on Jan 1, 1970 for $277,500.
How much is this home worth?
The estimated value of the home located at 1 Minchin Drive is $295,678.
What are some comparable homes to 1 Minchin Drive?
There are currently no comparable homes to 1 Minchin Drive.
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