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Woburn 01801 North Woburn
3 Marion St
$710,000
● House - Off Market

3 Marion St

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,784 Ft²
$655,230
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

This is a perfect house for the extended family. Large Split level home featuring spacious kitchen with island, 1st floor laundry and a slider to deck, large living room, master bedroom with stall shower bath and 2 closets , plus two more bedrooms with closets, full bath in hallway. Lower level family room, large walk in closet and full bath with jacuzzi tub and a shower plus another laundry connection. The home also has an area which was used by a medical helper with a kitchen area, den/living room and a bedroom plus a bath . There is a laundry connection also would make a good office area or bring the in-laws. Freshly painted but would need new carpeting and the deck repaired or replaced. There are two sheds and a nice back yard.  Two driveways - one is a horseshoe driveway and another could accommodate 2-4 cars.
Unit Size
2,784 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$237
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1988

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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: 6 months ago (MLSPIN #73128011)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
Jul 10, 2023 In contract -
In contract
Jun 21, 2023 Listed by Realty Executives Marsh & Associates $659,999
Listed by Realty Executives Marsh & Associates

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 19
  • 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: 9
  • Basement Area: 1,334
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,680
  • Total Building Area: 1,392
  • Gross Building Area: 2,924
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000383
  • 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: 333602

Zoning

  • Zoning: R-2

Geography

  • Account Number: 36918055222 0
  • Parcel: WOBU M:08 B:33 L:03 U:00
  • Block: 33
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.515
  • Longitude: -71.1588

    Address

  • Full Address: 3 Marion St
  • Address - House Number: 3
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1316
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 721,555
  • High Value: 848,454
  • Low Value: 594,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633,200
  • Assessed Land Value: $269,300
  • Assessed Improvements Value: $363,900

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97509

    Financing

  • First Mortgage Financing Type: ADJ
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 North Woburn

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$433

Above Asking

0.00%

Average Days on Market

47

Average Home Size

3191 ft²

Average Home Age

42.8 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 73128011

Frequently Asked Questions

When was property at 3 Marion Street built and last sold?
The property at 3 Marion Street was built in 1988 and last sold on Aug 28, 2023 for $710,000.
How much is this home worth?
The estimated value of the home located at 3 Marion Street is $691,220.
What are some comparable homes to 3 Marion Street?
There are currently no comparable homes to 3 Marion Street.
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