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Woburn 01801 Shakerhill
28 Grace Road
$208,000
● House - Off Market

28 Grace Road

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
2 Baths
$953,426
RealtyHop Estimate
333.57%
Since Dec 1, 1996
MA-Boston
Primary Model

About This Property

MINT CONDITION EXPANDED WEST SIDE RANCH,FORMAL DINING ROOM CATHEDERAL CEILINGS IN LIVING ROOM AND TIL FLOORED, EAT-IN KITCHEN, ANDERSON WINDOWS, VINYL SIDING, NEW ROOF
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
House
Property Taxes
$148
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 years ago (MLSPIN #30123069)

Price History

Date / Event Date Event Price
Feb 22, 2002 Sold
Premium
Sold
Nov 8, 2001 Listed $339,900
Listed
Nov 1, 1996 Sold
Premium
Sold
Aug 20, 1996 Listed $219,900
Listed

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 7
  • Basement Area: 2,031
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 2,031
  • Gross Building Area: 4,345
  • Building Area: 2,031
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,031
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 386864353134 0
  • Parcel: WOBU M:78 B:06 L:14 U:00
  • Block: 6
  • Lot: 14
  • Municipality: WOBURN
  • Latitude: 42.4577
  • Longitude: -71.179

    Address

  • Full Address: 28 Grace Rd
  • Address - House Number: 28
  • Address - Street Name: Grace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 5917
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,700

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 843,601
  • High Value: 991,814
  • Low Value: 695,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,100
  • Assessed Land Value: $335,500
  • Assessed Improvements Value: $344,600

    Sales

  • Current Sale Recording Date: Feb 22, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 01, 1996
  • Previous Sale Amount: $208,000
  • 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 Shakerhill

Stats & Trends

Median Asking:

$1,099,000

Sale Price/ft²

$468

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3228 ft²

Average Home Age

48.3 years

Currently For Sale

16 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

$3,275 /mo

  • 2 Beds
  • 2 Baths
  • 1,199 ft²
2 Littles Brook Court #Essex, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30123069

Frequently Asked Questions

When was property at 28 Grace Road built and last sold?
The property at 28 Grace Road was built in 1955 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 28 Grace Road is $0.
What are some comparable homes to 28 Grace Road?
There are currently no comparable homes to 28 Grace Road.
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