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Woburn 01801 Downtown Woburn
2-A Alpena Ave
$495,000
● House - Off Market

2-A Alpena Ave

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$604,540
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

This renovated 3 bedroom home is conveniently located near all that Woburn has to offer...shopping, schools, restaurants, & easy access to highways. Beautiful corner lot with new driveway & roof plus a pretty outdoor entertaining space. Interior features include hardwood floors, modern fixtures & appliances, and charming design details, with the potential to add more square footage in the spacious basement.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$475
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #72806692)

Price History

Date / Event Date Event Price
May 12, 2021 Sold
Premium
Sold
Mar 31, 2021 Listed by Return Realty Group, Inc. $519,000
Listed by Return Realty Group, Inc.
Oct 6, 2014 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 8
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 1,092
  • Gross Building Area: 2,212
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • 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: 0000000119
  • 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: 166965554314 0
  • Parcel: WOBU M:37 B:01 L:10 U:00
  • Block: 1
  • Lot: 10
  • Municipality: WOBURN
  • Latitude: 42.4901
  • Longitude: -71.1415

    Address

  • Full Address: 2a Alpena Ave
  • Address - House Number: 2a
  • Address - Street Name: Alpena
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Woburn
  • Carrier Code: C014
  • 4-Digit Zip Code: 2612
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,400

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 583,745
  • High Value: 683,097
  • Low Value: 484,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,500
  • Assessed Land Value: $234,200
  • Assessed Improvements Value: $220,300

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108211
  • Previous Sale Recording Date: Oct 06, 2014
  • Previous Sale Amount: $250,000
  • 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:

$714,900

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1800 ft²

Average Home Age

64.2 years

Currently For Sale

36 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: 5 years ago
Data Source: MLS PIN, MLS# 72806692

Frequently Asked Questions

When was property at 2 Alpena Avenue built and last sold?
The property at 2 Alpena Avenue was built in 1962 and last sold on May 12, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 2 Alpena Avenue is $0.
What are some comparable homes to 2 Alpena Avenue?
There are currently no comparable homes to 2 Alpena Avenue.
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