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Woburn 01801 Walnut Hill
2 Dewey Ave
$257,400
● House - Off Market

2 Dewey Ave

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,004 Ft²
$535,876
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Unload the Truck and ENJOY! Solid ranch with many updates. Hardwood floors, updated bath and a lower level large enough for the whole GANG! Walkout to a quaint patio over looking a large backyard for good weather entertaining. Don't need the third bedroom, break through and make a huge kitchen, so many options. Laundry room with great storage in lower level.
Unit Size
1,004 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$264
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1951

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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 #71403227)

Price History

Date / Event Date Event Price
Jul 2, 2012 Sold
Premium
Sold
Jun 28, 2012 Listed by Lawton Real Estate, Inc $264,900
Listed by Lawton Real Estate, Inc
May 27, 2005 Sold
Premium
Sold
Mar 21, 2005 Listed by Boardwalk Real Estate $305,900
Listed by Boardwalk Real Estate
Nice starter or retirement home. Room off kitchen electric heat. Spacious corner lot, convenient to Cummings Park, and Rte. 128. Partial finished basement with great potential.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 804
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,943
  • Total Building Area: 804
  • Gross Building Area: 1,820
  • Building Area: 804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 804
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 35929A
  • Land Acres: 0000000228
  • 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: 333601

Zoning

  • Zoning: R-2

Geography

  • Account Number: 137007554648 0
  • Parcel: WOBU M:26 B:09 L:02 U:00
  • Block: 9
  • Lot: 2
  • Municipality: WOBURN
  • Latitude: 42.4992
  • Longitude: -71.126

    Address

  • Full Address: 2 Dewey Ave
  • Address - House Number: 2
  • Address - Street Name: Dewey
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Woburn
  • Carrier Code: C030
  • 4-Digit Zip Code: 6311
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $370,400

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 536,451
  • High Value: 636,331
  • Low Value: 436,571

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,700
  • Assessed Land Value: $244,600
  • Assessed Improvements Value: $181,100

    Sales

  • Current Sale Recording Date: Jul 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000160
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 Walnut Hill

Stats & Trends

Median Asking:

$724,998

Sale Price/ft²

$515

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1321 ft²

Average Home Age

35.3 years

Currently For Sale

4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71403227

Frequently Asked Questions

When was property at 2 Dewey Avenue built and last sold?
The property at 2 Dewey Avenue was built in 1951 and last sold on Jan 1, 1970 for $257,400.
How much is this home worth?
The estimated value of the home located at 2 Dewey Avenue is $275,940.
What are some comparable homes to 2 Dewey Avenue?
There are currently no comparable homes to 2 Dewey Avenue.
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