$138,000
●
Condo -
Off Market
3 Albert Drive #5
Woburn, MA 01801
1 Bed
1 Bath
650 Ft²
$314,409
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model
About This Property
Why rent when you could live in this spacious and sunny one bedroom
unit with hardwood floors, Harvey replacement windows,inground pool
and nice closet space. Great location near major highways,
shops,and golf course. Move -in condition. Condo fee includes heat
and hot water. Still time to benefit for the tax credit.
Unit Size
650 Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
Condo
Property Taxes
$126
HOA Dues
$290
Year Built
1965
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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 #71029167)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Bella Real Estate | $315,000 | |
| Listed by Bella Real Estate | |||
| | |||
|
This bright & airy 1-bedroom gem nestled in the coveted Park Place Condominiums offers an ideal blend of comfort and convenience. Meticulously maintained within a professionally managed complex. This unit boasts a generously sized living room, a welcoming eat-in kitchen, ample closet space, and gleaming hardwood floors. Enjoy the ease of proximity to shopping, dining, and entertainment, with the newly developed Woburn Village just under 2 miles away. Commuters will appreciate easy access to Routes 93 and 128, nearby commuter rail stations, and only 12-miles to Logan Airport. Summers beckon relaxation by the inground pool and BBQ area. Ample guest parking and convenient laundry facilities in the building further enhance the convenience of lifestyle. Showings start at 11 am Saturday April 13th at open house.
| |||
| May 3, 2010 | Sold | ||
| Sold | |||
| Feb 6, 2010 | Listed by Coldwell Banker Realty - Winchester | $155,000 | |
| Listed by Coldwell Banker Realty - Winchester | |||
Property Highlights
Air Conditioning
Interior Details
Level: Second
Width: 19
Length: 7
Area: 133
Length: 12
Level: Second
Area: 252
Features: Flooring - Hardwood
Width: 21
Features: Flooring - Hardwood
Level: Second
Length: 11
Width: 15
Area: 165
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Wood
Rooms: 3
Basement: N
Parking Details
Parking Features: Common
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Park Place Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RES
Parcel Number: 910041
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $146,100
Tax Annual Amount: $1,507
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Central, Baseboard, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Pool
HOA Fee: $290
Community Features: Public Transportation, Shopping, Golf
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2025
|
1 Bed
|
1 Bath
|
465 ft²
|
$259,000
1 Bed
1 Bath
465 ft²
|
$245,000
-5.41%
10/10/2025
|
Christopher Lawton
Lawton Real Estate, Inc
| |
|
04/11/2024
|
1 Bed
|
1 Bath
|
650 ft²
|
$315,000
1 Bed
1 Bath
650 ft²
|
$315,000
05/30/2024
|
Lynne Scouten
Re/max Top Achievers, Inc.
| |
|
02/10/2024
|
1 Bed
|
1 Bath
|
-
|
$324,900
1 Bed
1 Bath
|
-
03/22/2024
|
Maria Mainini
JDS Realty Group
| |
|
05/30/2023
|
1 Bed
|
1 Bath
|
655 ft²
|
$299,900
1 Bed
1 Bath
655 ft²
|
$352,000
+17.37%
06/28/2023
|
Kate Davis
Griffin Properties, Inc.
| |
|
05/03/2022
|
1 Bed
|
1 Bath
|
655 ft²
|
$275,000
1 Bed
1 Bath
655 ft²
|
$281,000
+2.18%
06/15/2022
|
Kate Davis
Griffin Properties, Inc.
| |
|
07/12/2021
|
1 Bed
|
1 Bath
|
465 ft²
|
$249,900
1 Bed
1 Bath
465 ft²
|
$225,000
-9.96%
11/12/2021
|
Christopher Lawton
Lawton Real Estate, Inc
| |
|
10/05/2017
|
1 Bed
|
1 Bath
|
650 ft²
|
$184,900
1 Bed
1 Bath
650 ft²
|
$195,000
+5.46%
12/05/2017
|
Kempton Giggey
Esquire Realty
| |
|
03/19/2017
|
1 Bed
|
1 Bath
|
650 ft²
|
$189,900
1 Bed
1 Bath
650 ft²
|
$189,000
-0.47%
04/13/2017
|
Ann Morley
Century 21 Spindler & O'Neil Associates
| |
|
07/15/2015
|
1 Bed
|
1 Bath
|
655 ft²
|
$165,000
1 Bed
1 Bath
655 ft²
|
$170,500
+3.33%
07/31/2015
|
James Major
Lamacchia Realty, Inc.
| |
|
02/06/2010
|
1 Bed
|
1 Bath
|
650 ft²
|
$155,000
1 Bed
1 Bath
650 ft²
|
$138,000
-10.97%
05/03/2010
|
Tina Maloy
Coldwell Banker Realty - Winchester
| |
|
08/24/2008
|
1 Bed
|
1 Bath
|
655 ft²
|
$159,900
1 Bed
1 Bath
655 ft²
|
$146,500
-8.38%
03/23/2009
|
Charles J. Ingala Jr.
Coldwell Banker Residential Brokerage - Winchester
| |
|
12/11/2006
|
1 Bed
|
1 Bath
|
642 ft²
|
$164,900
1 Bed
1 Bath
642 ft²
|
$154,000
-6.61%
06/12/2007
|
James Gannon
| |
|
04/05/2006
|
1 Bed
|
1 Bath
|
655 ft²
|
$188,500
1 Bed
1 Bath
655 ft²
|
$188,000
-0.27%
05/24/2006
|
John Valentino
E. B. Properties
| |
|
08/21/2005
|
1 Bed
|
1 Bath
|
650 ft²
|
$190,000
1 Bed
1 Bath
650 ft²
|
$182,500
-3.95%
10/31/2005
|
Gabrielle Hersee
Prudential Preferred Realty
| |
|
01/22/2005
|
1 Bed
|
1 Bath
|
655 ft²
|
$159,900
1 Bed
1 Bath
655 ft²
|
$150,000
-6.19%
04/29/2005
|
Catherine Johnston
Boardwalk Real Estate
| |
|
03/31/2004
|
1 Bed
|
1 Bath
|
465 ft²
|
$155,000
1 Bed
1 Bath
465 ft²
|
$145,000
-6.45%
06/28/2004
|
Kelly Bruno
Compass
| |
|
01/31/2003
|
1 Bed
|
1 Bath
|
642 ft²
|
$147,000
1 Bed
1 Bath
642 ft²
|
$144,500
-1.70%
03/20/2003
|
Joanne Mulkerin
Prudential Preferred Realty
| |
|
08/21/2001
|
1 Bed
|
1 Bath
|
650 ft²
|
$139,900
1 Bed
1 Bath
650 ft²
|
$137,000
-2.07%
11/16/2001
|
Mary Sexton
Century 21 Sexton & Donohue
| |
|
07/28/2000
|
1 Bed
|
-
|
650 ft²
|
$109,900
1 Bed
-
650 ft²
|
$109,900
11/01/2000
|
Genie Ferreira
iCare Realty
| |
|
02/02/1999
|
1 Bed
|
1 Bath
|
650 ft²
|
$84,900
1 Bed
1 Bath
650 ft²
|
$80,000
-5.77%
03/31/1999
|
Patricia Marsh
Realty Executives Marsh & Associates
| |
|
07/27/1998
|
1 Bed
|
1 Bath
|
465 ft²
|
$65,000
1 Bed
1 Bath
465 ft²
|
$64,000
-1.54%
03/31/1999
|
Doris Carlson
Fudge Properties
| |
|
07/10/1998
|
1 Bed
|
1 Bath
|
650 ft²
|
$79,900
1 Bed
1 Bath
650 ft²
|
$77,000
-3.63%
09/25/1998
|
Marcy Ragucci
Lamacchia Realty, Inc.
| |
|
11/20/1995
|
1 Bed
|
1 Bath
|
-
|
$47,000
1 Bed
1 Bath
|
$45,000
-4.26%
05/15/1996
|
Noreen Manzo
Realty Solutions
|
Building Info
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