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Woburn 01801 Wynnmere
23 Colonial Rd
$390,000
● House - Off Market

23 Colonial Rd

Woburn, MA 01801
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$713,599
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

First Open House scheduled for Sunday, September 28th from 1:00 - 2:30p.  Looking to live in one of Woburn's most sought after neighborhoods? Ideally located on the Woburn/Burlington line.  Take a short walk to Spence Farm to enjoy the weekly farmer's market and fall festivals!  Immediate access to highways, shopping, Woburn Center, Restaurants, Coffee Shops yet nestled on a great street.   Step out of your kitchen/dining room and enjoy grilling and drinks on the deck overlooking a neat and  level back yard!  Great for the kids!  Located in the new Hurld Wyman School District!  New school is just over a quarter mile away and set to open in 2017!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$301
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1948

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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 #71748342)

Price History

Date / Event Date Event Price
Nov 17, 2014 Sold
Premium
Sold
Sep 25, 2014 Listed by Genesis Realty Group $390,000
Listed by Genesis Realty Group
Oct 17, 2005 Sold
Premium
Sold
Aug 10, 2005 Listed by Genesis Realty Group $379,000
Listed by Genesis Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,477
  • Total Building Area: 1,296
  • Gross Building Area: 2,536
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 146891954308 0
  • Parcel: WOBU M:34 B:03 L:09 U:00
  • Block: 3
  • Lot: 9
  • Municipality: WOBURN
  • Latitude: 42.49
  • Longitude: -71.1688

    Address

  • Full Address: 23 Colonial Rd
  • Address - House Number: 23
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C035
  • 4-Digit Zip Code: 2814
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,700

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 693,179
  • High Value: 801,156
  • Low Value: 585,202

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,300
  • Assessed Land Value: $264,600
  • Assessed Improvements Value: $278,700

    Sales

  • Current Sale Recording Date: Nov 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175891
  • Previous Sale Recording Date: Oct 17, 2005
  • Previous Sale Amount: $390,000
  • 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 Wynnmere

Stats & Trends

Median Asking:

$844,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2191 ft²

Average Home Age

50.8 years

Currently For Sale

6 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

$2,850 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,210 /mo

  • 2 Beds
  • 2 Baths
  • 1,110 ft²
20 Corporate Drive #B2ACS, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71748342

Frequently Asked Questions

When was property at 23 Colonial Road built and last sold?
The property at 23 Colonial Road was built in 1948 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 23 Colonial Road is $394,737.
What are some comparable homes to 23 Colonial Road?
There are currently no comparable homes to 23 Colonial Road.
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