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Woburn 01801 Shakerhill
224 Cambridge Road
$451,500
● House - Off Market

224 Cambridge Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,372 Ft²
$627,714
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

This well-maintained home located in desirable Westside location is ready for new owners!  The first floor offers an updated kitchen, half bath, dining room, living room with fireplace.  The Second floor has a full bath and 3 bedrooms with hardwood flooring. The major updates have been done kitchen, roof, windows, heating system, electrical, Gleaming Hardwood Floors throughout. The side yard faces the corner of Crawford Drive.  Fantastic location close to shopping, restaurants, public transportation, and major highways, Route 128/I-95, Route 3.   QUICK CLOSING POSSIBLE.  All appliances are included.   Improve your commute!!  This home is situated on the Winchester/Burlington Line!!  Don't wait to schedule your showings today!  EASY TO SHOW!!
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$321
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1954

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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 #72490074)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Apr 29, 2019 Listed by ERA Key Realty Services $439,900
Listed by ERA Key Realty Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 6
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,112
  • Total Building Area: 1,372
  • Gross Building Area: 2,344
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 333100

Zoning

  • Zoning: R-1

Geography

  • Account Number: 386877753364 0
  • Parcel: WOBU M:73 B:03 L:43 U:00
  • Block: 3
  • Lot: 43
  • Municipality: WOBURN
  • Latitude: 42.4641
  • Longitude: -71.1742

    Address

  • Full Address: 224 Cambridge Rd
  • Address - House Number: 224
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C047
  • 4-Digit Zip Code: 5404
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 645,163
  • High Value: 753,649
  • Low Value: 536,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,000
  • Assessed Land Value: $284,900
  • Assessed Improvements Value: $235,100

    Sales

  • Current Sale Contract Date: May 13, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81480
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 Shakerhill

Stats & Trends

Median Asking:

$1,069,500

Sale Price/ft²

$479

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3888 ft²

Average Home Age

36 years

Currently For Sale

20 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

$3,380 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
2 Littles Brook Court #Dover, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72490074

Frequently Asked Questions

When was property at 224 Cambridge Road built and last sold?
The property at 224 Cambridge Road was built in 1954 and last sold on May 13, 2019 for $451,500.
How much is this home worth?
The estimated value of the home located at 224 Cambridge Road is $457,741.
What are some comparable homes to 224 Cambridge Road?
There are currently no comparable homes to 224 Cambridge Road.
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