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Woburn 01801 Downtown Woburn
3 Innitou Road
$452,500
● House - Off Market

3 Innitou Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,316 Ft²
$659,931
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful 3 bedroom ranch with room to grow.  Hardwood floors thru out, newer windows, fireplace living room.  Lovely enclosed porch off kitchen.  About 100 yards to views and walking trails of Horn Pond.  Spacious one car garage.  Easy access to major highways:  ~2 miles from route 95(128) and ~2.5 miles from route 93.  1st showing at open house on Saturday
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$321
Property Type
House
Property Taxes
$316
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 #72182579)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by ERA Key Realty Services $422,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • 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: 1,316
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,700
  • Total Building Area: 1,118
  • Gross Building Area: 3,058
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000223
  • 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: 333300

Zoning

  • Zoning: R-2

Geography

  • Account Number: 336930753660 0
  • Parcel: WOBU M:59 B:20 L:08 U:00
  • Block: 20
  • Lot: 8
  • Municipality: WOBURN
  • Latitude: 42.4722
  • Longitude: -71.1544

    Address

  • Full Address: 3 Innitou Rd
  • Address - House Number: 3
  • Address - Street Name: Innitou
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C002
  • 4-Digit Zip Code: 4901
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,000

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 688,068
  • High Value: 812,292
  • Low Value: 563,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,800
  • Assessed Land Value: $312,200
  • Assessed Improvements Value: $247,600

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 118545
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 Downtown Woburn

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1773 ft²

Average Home Age

77.2 years

Currently For Sale

26 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72182579

Frequently Asked Questions

When was property at 3 Innitou Road built and last sold?
The property at 3 Innitou Road was built in 1955 and last sold on Jan 1, 1970 for $452,500.
How much is this home worth?
The estimated value of the home located at 3 Innitou Road is $436,231.
What are some comparable homes to 3 Innitou Road?
There are currently no comparable homes to 3 Innitou Road.
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