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Woburn 01801 Shakerhill
18 Grace Road
$555,000
● House - Off Market

18 Grace Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,572 Ft²
$719,144
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Wonderful beautifully maintained west side ranch set on a large wooded lot.  Clean as a whistle with lots of hardwood floors, ample storage, and updated kitchen, baths and windows. Four season sunroom is a perfect peaceful retreat. Lower level has a family room with bar for entertaining and an updated laundry room with 1/2 bath and pantry storage.  Exterior has carport, storage shed, gutters with guards, and a convenient half circle driveway. Don't miss out on this opportunity!  OPEN HOUSE 7/18 & 7/19 BY APPOINTMENT ONLY BOOKED THROUGH SHOWINGTIME
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$350
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1956

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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 #72686918)

Price History

Date / Event Date Event Price
Sep 25, 2020 Sold
Premium
Sold
Jul 7, 2020 Listed by Lamacchia Realty, Inc. $550,000
Listed by Lamacchia Realty, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 6
  • Basement Area: 948
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 1,092
  • Gross Building Area: 2,388
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000482
  • 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: 386859753119 0
  • Parcel: WOBU M:78 B:06 L:09 U:00
  • Block: 6
  • Lot: 9
  • Municipality: WOBURN
  • Latitude: 42.4572
  • Longitude: -71.1808

    Address

  • Full Address: 18 Grace Rd
  • Address - House Number: 18
  • Address - Street Name: Grace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 5917
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,200

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 710,220
  • High Value: 820,851
  • Low Value: 599,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,900
  • Assessed Land Value: $338,500
  • Assessed Improvements Value: $236,400

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171172
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:

$1,099,000

Sale Price/ft²

$468

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3228 ft²

Average Home Age

48.3 years

Currently For Sale

16 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

$3,380 /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# 72686918

Frequently Asked Questions

When was property at 18 Grace Road built and last sold?
The property at 18 Grace Road was built in 1956 and last sold on Sep 10, 2020 for $555,000.
How much is this home worth?
The estimated value of the home located at 18 Grace Road is $562,552.
What are some comparable homes to 18 Grace Road?
There are currently no comparable homes to 18 Grace Road.
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