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Woburn 01801 Walnut Hill
357 Salem Street
$174,000
● House - Off Market

357 Salem Street

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
$658,605
RealtyHop Estimate
266.09%
Since Dec 1, 1998
MA-Boston
Primary Model

About This Property

MOVE RIGHT INTO THIS THREE BEDROOM RANCH, WITH A MODERN KITCHEN, HARDWOOD UNDER NEW CARPETING, LOWER LEVEL FINISHED FAMILY ROOM, LARGE FENCED YARD, UPDATES GALORE!! SUBJECT TO SELLER FINDING SUIT. HOUSE
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1952

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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 #30253345)

Price History

Date / Event Date Event Price
Aug 12, 2005 Sold
Premium
Sold
Mar 29, 2001 Sold
Premium
Sold
Nov 19, 1998 Sold
Premium
Sold
Aug 25, 1998 Listed $179,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 956
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,150
  • Total Building Area: 956
  • Gross Building Area: 2,217
  • Building Area: 956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 956
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 333400

Zoning

  • Zoning: R-1

Geography

  • Account Number: 177017254419 0
  • Parcel: WOBU M:32 B:07 L:03 U:00
  • Block: 7
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.4929
  • Longitude: -71.1223

    Address

  • Full Address: 357 Salem St
  • Address - House Number: 357
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C039
  • 4-Digit Zip Code: 2714
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,800

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 583,929
  • High Value: 692,649
  • Low Value: 475,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,500
  • Assessed Land Value: $285,000
  • Assessed Improvements Value: $212,500

    Sales

  • Current Sale Recording Date: Aug 12, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00176230
  • Previous Sale Recording Date: Mar 29, 2001
  • Previous Sale Amount: $249,900
  • 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 Walnut Hill

Stats & Trends

Median Asking:

$724,995

Sale Price/ft²

$510

Below Asking

0.01%

Average Days on Market

76

Average Home Size

1521 ft²

Average Home Age

24.8 years

Currently For Sale

4 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30253345

Frequently Asked Questions

When was property at 357 Salem Street built and last sold?
The property at 357 Salem Street was built in 1952 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 357 Salem Street is $0.
What are some comparable homes to 357 Salem Street?
There are currently no comparable homes to 357 Salem Street.
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