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Woburn 01801 Downtown Woburn
2 Colony Road
$174,000
● House - Off Market

2 Colony Road

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
1 Bath
$578,098
RealtyHop Estimate
222.96%
Since Oct 1, 1999
MA-Boston
Primary Model

About This Property

CHARMING FOUR BEDROOM RANCH WITH FIREPLACE LIVING ROOM, HARDWOOD UNDER WALL/WALL CARPERTING, FAMILY ROOM/DEN UNFINISHED OFF LIVING ROOM, NICE SIZE YARD WITH AG POOL AND SHED, QUIET LOCATION - WONT LAST!!
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #30309659)

Price History

Date / Event Date Event Price
Jul 2, 2001 Sold
Premium
Sold
Jan 19, 2001 Listed by CENTURY 21 Crowley $254,900
Listed by CENTURY 21 Crowley
Sep 29, 1999 Sold
Premium
Sold
Apr 9, 1999 Listed by CENTURY 21 Crowley $179,000
Listed by CENTURY 21 Crowley

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,439
  • Total Building Area: 1,280
  • Gross Building Area: 1,616
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PILGRIM PARK WOBURN
  • Land Acres: 0000000194
  • 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: 146918254478 0
  • Parcel: WOBU M:29 B:11 L:07 U:00
  • Block: 11
  • Lot: 7
  • Municipality: WOBURN
  • Latitude: 42.4946
  • Longitude: -71.159

    Address

  • Full Address: 2 Colony Rd
  • Address - House Number: 2
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C071
  • 4-Digit Zip Code: 2323
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,600

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 628,546
  • High Value: 745,573
  • Low Value: 511,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,800
  • Assessed Land Value: $278,300
  • Assessed Improvements Value: $207,500

    Sales

  • Current Sale Recording Date: Jul 02, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 1999
  • Previous Sale Amount: $174,000
  • 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 Downtown Woburn

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1893 ft²

Average Home Age

79.7 years

Currently For Sale

31 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

$2,050 /mo

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30309659

Frequently Asked Questions

When was property at 2 Colony Road built and last sold?
The property at 2 Colony Road was built in 1960 and last sold on Jan 1, 1970 for $254,900.
How much is this home worth?
The estimated value of the home located at 2 Colony Road is $21,098,181.
What are some comparable homes to 2 Colony Road?
There are currently no comparable homes to 2 Colony Road.
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