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Woburn 01801 Shakerhill
23 Grace Road
$490,000
● House - Off Market

23 Grace Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,835 Ft²
$832,986
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Desired west side location in neighborhood setting. This expanded 3 bedroom, 1 bathroom, 2 bay heated garage ranch has been meticulously cared for over the last 40 years. This is a unique home with its open floor plan boasts soaring vaulted ceilings in the living room, dining room and great room that are complete with skylights filling the rooms with great natural light. Two of the bedrooms have been expanded providing the space needed if adding a master bathroom was desired. Hardwood or wall-to-wall carpet the choice is yours as both are installed except for the great room. The finished lower level provides great additional space. Completing this home is its professionally landscaped yard.
Unit Size
1,835 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$272
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1955

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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 #72003012)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
May 11, 2016 Listed by Hammond Residential $500,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 987
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 1,803
  • Gross Building Area: 3,382
  • Building Area: 1,803
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,803
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET HILL DEV
  • Land Acres: 0000000505
  • 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: 386861653104 0
  • Parcel: WOBU M:78 B:08 L:13 U:00
  • Block: 8
  • Lot: 13
  • Municipality: WOBURN
  • Latitude: 42.457
  • Longitude: -71.1801

    Address

  • Full Address: 23 Grace Rd
  • Address - House Number: 23
  • Address - Street Name: Grace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 5947
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,600

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 769,955
  • High Value: 889,731
  • Low Value: 650,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $620,200
  • Assessed Land Value: $339,100
  • Assessed Improvements Value: $281,100

    Sales

  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 152437
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:

$1,095,000

Sale Price/ft²

$475

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3897 ft²

Average Home Age

38.9 years

Currently For Sale

17 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

$3,505 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, 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# 72003012

Frequently Asked Questions

When was property at 23 Grace Road built and last sold?
The property at 23 Grace Road was built in 1955 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 23 Grace Road is $520,734.
What are some comparable homes to 23 Grace Road?
There are currently no comparable homes to 23 Grace Road.
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