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Woburn 01801 Downtown Woburn
116 Garfield Ave
$640,000
● House - Off Market

116 Garfield Ave

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,544 Ft²
$1,103,368
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

New Construction!! Spacious 4 Bedroom Split Entry Cape with 2 Car Garage AND Driveway Parking for 6 cars! Open Concept Entertaining with Eat in Dining In Kitchen with Large 8 Ft Island, Loaded with Soft Close Maple Cabinets and Granite, Energy Star Stainless Appliances, and Hardwood Floors Throughout. Boasts 1st Floor Laundry with Gas & Electric Hookups, Granite and Tiled Baths. First Floor Master Suite with 3/4 Bath and Walk-in Closet, Bonus 2nd Floor Sitting Room, Maintenance Free 12x12 Composite Deck with Vinyl Railings, Vinyl Siding, Beautifully Landscaped with Stone Walkway. Located on a Level Corner Lot with Driveway/Garage Access on Side Street. Great Location Close to Horn Pond, Minutes to Woburn Square, Shopping and Restaurants. Easy Highway Access to Routes 93 and 128...
Unit Size
2,544 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$248
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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: 5 months ago (MLSPIN #71922435)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed by Keller Williams Realty $829,000
Listed by Keller Williams Realty
Nov 25, 2015 Sold
Premium
Sold
Oct 21, 2015 Listed by Keller Williams Realty $629,900
Listed by Keller Williams Realty
Feb 25, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 7
  • Basement Area: 676
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,180
  • Total Building Area: 2,287
  • Gross Building Area: 3,981
  • Building Area: 2,287
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,287
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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: 333400

Zoning

  • Zoning: R-1

Geography

  • Account Number: 346965553626 0
  • Parcel: WOBU M:60 B:11 L:75 U:00
  • Block: 11
  • Lot: 75
  • Municipality: WOBURN
  • Latitude: 42.4712
  • Longitude: -71.1416

    Address

  • Full Address: 116 Garfield Ave
  • Address - House Number: 116
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Woburn
  • Carrier Code: C013
  • 4-Digit Zip Code: 5738
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $668,600

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 974,324
  • High Value: 1,145,503
  • Low Value: 803,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,500
  • Assessed Land Value: $262,200
  • Assessed Improvements Value: $506,300

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134861
  • Previous Sale Recording Date: Nov 25, 2015
  • Previous Sale Amount: $640,000
  • 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 Downtown Woburn

Stats & Trends

Median Asking:

$714,950

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1812 ft²

Average Home Age

65.7 years

Currently For Sale

35 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71922435

Frequently Asked Questions

When was property at 116 Garfield Avenue built and last sold?
The property at 116 Garfield Avenue was built in 2015 and last sold on Jun 15, 2021 for $850,000.
How much is this home worth?
The estimated value of the home located at 116 Garfield Avenue is $832,083.
What are some comparable homes to 116 Garfield Avenue?
There are currently no comparable homes to 116 Garfield Avenue.
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