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Woburn 01801 Downtown Woburn
2 Leonard Street
$278,500
● House - Off Market

2 Leonard Street

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
9,999 Ft²
$646,050
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

CHARMING RANCH ON LOVELY CORNER LOT. FENCED YARD WITH ACCESS FOR DRIVEWAY. HARDWOOD FLOORS. UPDATED KITCHEN. LOVELY OPEN LIVING ROOM. PARTIALLY FIN. BASE. SPRINKLER SYSTEM. BULKHEAD NEEDS REPAIR. SLIGHT SEEPAGE THRU BULKHEAD. GAS HEAT.
Unit Size
9,999 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$29
Property Type
House
Property Taxes
$151
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 months ago (MLSPIN #30599076)

Price History

Date / Event Date Event Price
Jul 19, 2002 Sold
Premium
Sold
Apr 19, 2002 Listed by Prudential Preferred Realty $289,900
Listed by Prudential Preferred Realty
Sep 18, 1987 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,524
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,990
  • Total Building Area: 1,524
  • Gross Building Area: 3,330
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 333400

Zoning

  • Zoning: R-2

Geography

  • Account Number: 276966153790 0
  • Parcel: WOBU M:60 B:03 L:05 U:00
  • Block: 3
  • Lot: 5
  • Municipality: WOBURN
  • Latitude: 42.4757
  • Longitude: -71.1414

    Address

  • Full Address: 2 Leonard St
  • Address - House Number: 2
  • Address - Street Name: Leonard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C019
  • 4-Digit Zip Code: 5225
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 743,103
  • High Value: 863,928
  • Low Value: 622,278

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,900
  • Assessed Land Value: $268,700
  • Assessed Improvements Value: $333,200

    Sales

  • Current Sale Recording Date: Jul 19, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1221
  • Previous Sale Recording Date: Sep 18, 1987
  • Previous Sale Amount: $174,900
  • 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:

$719,950

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1972 ft²

Average Home Age

80.9 years

Currently For Sale

33 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: 5 months ago
Data Source: MLS PIN, MLS# 30599076

Frequently Asked Questions

When was property at 2 Leonard Street built and last sold?
The property at 2 Leonard Street was built in 1962 and last sold on Jan 1, 1970 for $278,500.
How much is this home worth?
The estimated value of the home located at 2 Leonard Street is $484,705.
What are some comparable homes to 2 Leonard Street?
There are currently no comparable homes to 2 Leonard Street.
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