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Woburn 01801 Downtown Woburn
2 Frances Road
$170,000
● House - Off Market

2 Frances Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,162 Ft²
$691,677
RealtyHop Estimate
307.11%
Since Oct 1, 1997
MA-Boston
Primary Model

About This Property

THIS BEAUTIFUL 3-4 BDRM CAPE WAS COMPLETLY REDONE IN 1991 FANTASTIC FLOOR PLAN WITH FRONT TO BACK LR/DR COMB. ALONG W/ FIREPLACE.  PRIVATE FENCED LOT, IN-GROUND POOL FOR SUMMER ENJOYMENT.
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$146
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
1952

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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 #30171111)

Price History

Date / Event Date Event Price
Sep 15, 1997 Sold
Premium
Sold
Jun 23, 1997 Listed by Carlson GMAC Real Estate $169,900
Listed by Carlson GMAC Real Estate
Dec 3, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • 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: 775
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,240
  • Gross Building Area: 2,364
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 146897254552 0
  • Parcel: WOBU M:28 B:03 L:01 U:00
  • Block: 3
  • Lot: 1
  • Municipality: WOBURN
  • Latitude: 42.4967
  • Longitude: -71.1668

    Address

  • Full Address: 2 Frances Rd
  • Address - House Number: 2
  • Address - Street Name: Frances
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C071
  • 4-Digit Zip Code: 2212
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $433,500

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 637,964
  • High Value: 748,304
  • Low Value: 527,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,300
  • Assessed Land Value: $265,600
  • Assessed Improvements Value: $232,700

    Sales

  • Current Sale Recording Date: Sep 15, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 03, 1990
  • Previous Sale Amount: $130,000
  • 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

$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

Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,135 ft²
20 Corporate Drive #B2B, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,260 /mo

  • 2 Beds
  • 2 Baths
  • 1,199 ft²
2 Littles Brook Court #Essex, 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# 30171111

Frequently Asked Questions

When was property at 2 Frances Road built and last sold?
The property at 2 Frances Road was built in 1952 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 2 Frances Road is $0.
What are some comparable homes to 2 Frances Road?
There are currently no comparable homes to 2 Frances Road.
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