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Woburn 01801 Walnut Hill
2 Mill St
$675,000
● House - Off Market

2 Mill St

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,692 Ft²
$902,319
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

This pristine home, set in a lovely neighborhood and recently renovated top to bottom, offers easy access to both I93 and I95 for convenient commuting and weekend escapes. The bright living room with river-rock adorned fireplace leads to the spacious dining room and equally light kitchen with quartzite countertops, all new appliances, ample cabinet and counter space, with access to the porch and backyard patio. A full bath and home office or 4th bedroom complete the first floor. Upstairs, a large master bedroom, two additional bedrooms, a full bath, and walk-in storage closet offer plenty of versatility. The level backyard with patio is fenced on two sides with young plantings along the back that will provide privacy for years to come. This retreat like home will excite and delight you!
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$414
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #72697598)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Jul 24, 2020 Listed by Waterfield Sotheby's International Realty $699,900
Listed by Waterfield Sotheby's International Realty
Jan 10, 2018 Sold
Premium
Sold
Oct 24, 2017 Listed by Waterfield Sotheby's International Realty $449,900
Listed by Waterfield Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 940
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,770
  • Total Building Area: 1,692
  • Gross Building Area: 3,037
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000178
  • 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-1

Geography

  • Account Number: 227023854190 0
  • Parcel: WOBU M:46 B:02 L:03 U:00
  • Block: 2
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.4866
  • Longitude: -71.1198

    Address

  • Full Address: 2 Mill St
  • Address - House Number: 2
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C067
  • 4-Digit Zip Code: 3310
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $577,100

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 802,178
  • High Value: 943,112
  • Low Value: 661,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,300
  • Assessed Land Value: $273,900
  • Assessed Improvements Value: $389,400

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 191576
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Amount: $415,000
  • 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 Walnut Hill

Stats & Trends

Median Asking:

$724,998

Sale Price/ft²

$489

Below Asking

0.02%

Average Days on Market

59

Average Home Size

1982 ft²

Average Home Age

21.3 years

Currently For Sale

3 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72697598

Frequently Asked Questions

When was property at 2 Mill Street built and last sold?
The property at 2 Mill Street was built in 1950 and last sold on Oct 16, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 2 Mill Street is $700,940.
What are some comparable homes to 2 Mill Street?
There are currently no comparable homes to 2 Mill Street.
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