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Woburn 01801 Downtown Woburn
118 Eastern Ave
$247,000
● House - Off Market

118 Eastern Ave

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,691 Ft²
$495,811
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Spacious 3 bedroom bungalow with a great open floor plan.  Updates include windows, siding, deck, bathroom and roof.  Enjoy warm summer days on your oversized deck.  Located on a quiet  dead-end street convenient to shopping, schools and highways.
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$154
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1935

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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 #71514109)

Price History

Date / Event Date Event Price
Dec 12, 2013 Sold
Premium
Sold
Apr 24, 2013 Listed by Century 21 Crowley - Braese $259,900
Listed by Century 21 Crowley - Braese
Nov 24, 1998 Sold
Premium
Sold
Oct 4, 1998 Listed by Century 21 Crowley - Braese $139,900
Listed by Century 21 Crowley - Braese
Oct 15, 1995 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • 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: 1,086
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,954
  • Total Building Area: 1,691
  • Gross Building Area: 3,224
  • Building Area: 1,691
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,691
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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-2

Geography

  • Account Number: 276968353719 0
  • Parcel: WOBU M:60 B:09 L:22 U:00
  • Block: 9
  • Lot: 22
  • Municipality: WOBURN
  • Latitude: 42.4738
  • Longitude: -71.1406

    Address

  • Full Address: 118 Eastern Ave
  • Address - House Number: 118
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Woburn
  • Carrier Code: C019
  • 4-Digit Zip Code: 5218
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 621,058
  • High Value: 740,914
  • Low Value: 501,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $473,500
  • Assessed Land Value: $232,200
  • Assessed Improvements Value: $241,300

    Sales

  • Current Sale Recording Date: Dec 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 00000025
  • Previous Sale Recording Date: Nov 24, 1998
  • Previous Sale Amount: $131,500
  • 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 Downtown Woburn

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1773 ft²

Average Home Age

77.2 years

Currently For Sale

26 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71514109

Frequently Asked Questions

When was property at 118 Eastern Avenue built and last sold?
The property at 118 Eastern Avenue was built in 1935 and last sold on Jan 1, 1970 for $247,000.
How much is this home worth?
The estimated value of the home located at 118 Eastern Avenue is $284,651.
What are some comparable homes to 118 Eastern Avenue?
There are currently no comparable homes to 118 Eastern Avenue.
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