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Woburn 01801 Downtown Woburn
39 Chestnut St
$374,000
● House - Off Market

39 Chestnut St

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,927 Ft²
$577,305
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

**HANDYMAN SPECIAL** How often can you find a 2000+ sq foot home for under $400K in this area? Sellers are motivated to downsize, and they have priced to sell quickly!  LARGE single family home just outside of VIBRANT Woburn Center- many restaurants, shops, & conveniences!  Home needs updates, but good bones and potential!  Some of the costly updates completed since 2006- ROOF, HEATING SYSTEM, CENTRAL AIR!!  Hardwood floors throughout (under wall to wall carpeting on 2nd floor).   3rd floor bedroom & additional storage area.  Newer covered & screened-in porch, completely fenced in backyard.  Make this home your own, or possibly convert to multi-family. (Street is zoned for 2-family, buyers to do own due diligence).  Being sold "as-is".  Buyers have identified their next property!
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$200
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1880

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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 #72415372)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 13, 2021 Listed by Cameron Prestige, LLC $549,000
Listed by Cameron Prestige, LLC
Jan 11, 2019 Sold
Premium
Sold
Oct 24, 2018 Listed by Cameron Prestige, LLC $384,900
Listed by Cameron Prestige, LLC
Jun 29, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 863
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,983
  • Total Building Area: 1,927
  • Gross Building Area: 3,363
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 333502

Zoning

  • Zoning: R-2

Geography

  • Account Number: 206928054148 0
  • Parcel: WOBU M:42 B:04 L:08 U:00
  • Block: 4
  • Lot: 8
  • Municipality: WOBURN
  • Latitude: 42.4856
  • Longitude: -71.1554

    Address

  • Full Address: 39 Chestnut St
  • Address - House Number: 39
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C061
  • 4-Digit Zip Code: 2903
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $444,100

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 692,915
  • High Value: 855,609
  • Low Value: 530,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,500
  • Assessed Land Value: $232,600
  • Assessed Improvements Value: $277,900

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 253458
  • Previous Sale Recording Date: Jan 11, 2019
  • Previous Sale Contract Date: Jan 09, 2019
  • Previous Sale Amount: $374,000
  • Previous Sale Document Type: O
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

$433

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1893 ft²

Average Home Age

79.7 years

Currently For Sale

31 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

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72415372

Frequently Asked Questions

When was property at 39 Chestnut Street built and last sold?
The property at 39 Chestnut Street was built in 1880 and last sold on Nov 19, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 39 Chestnut Street is $560,787.
What are some comparable homes to 39 Chestnut Street?
There are currently no comparable homes to 39 Chestnut Street.
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