$375,000
●
Condo -
Off Market
4 Albert Dr #2
Woburn, MA 01801
2 Beds
1 Bath
830 Ft²
$2,511
Est. Monthly
$574
HOA / Fees
7.66%
Cap Rate
About This Property
FANTASTIC opportunity to own in the very desirable Park Place
Condominiums. This Sunny 2 bedroom unit boasts open concept living,
ample closet space, and gleaming floors. Kitchen features, tile
floor, newer stainless steel dishwasher and stainless steel sink,
bright white cabinets and backsplash. Meticulously maintained
within a professionally managed complex; amenities including
outdoor in-ground pool and barbecue area perfect for outdoor
entertaining and just in time for summer! Enjoy the ease of
proximity to shopping, dining, and entertainment, with the newly
developed Woburn Village just under 2 miles away. Commuter dream
with convenient highway access routes 93 and 128, Cranberry Bog
Conservation area and the Fells Reservation nearby. Ample guest
parking and convenient laundry facilities in the building, next to
the unit, further enhance the convenience.
Unit Size
830 Ft²
Days on Market
-
Land Size
-
Price per sqft
$420
Property Type
Condo
Property Taxes
$222
HOA Dues
$574
Year Built
1965
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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: 3 years ago (MLSPIN #73247362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Keller Williams Realty | $349,000 | |
| Listed by Keller Williams Realty | |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by Keller Williams Realty | $295,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This is a commuter's dream! Meticulously maintained 2 bedroom condominium located in the very desirable Park Place Condominiums! Sunny unit features open concept living room with dining room and Pergo floors throughout. Kitchen features tile floor, new stainless steel dishwasher and stainless steel sink. Master bedroom is spacious with a large closet. Just adjacent is a second bedroom and a full bathroom. 2 parking spaces with ample guest parking. Professionally managed with complex amenities including outdoor in-ground pool and barbecue area perfect for outdoor entertaining! Convenient to highway access, Cranberry Bog Conservation area and the Fells Reservation nearby. Great investment opportunity in a fantastic location!
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Width: 7.166666
Length: 9.416666
Features: Ceiling Fan(s), Closet, Flooring - Hardwood
Area: 67.486111
Area: 52.958333
Length: 7.75
Level: First
Width: 6.833333
Level: First
Features: Closet, Flooring - Hardwood
Width: 12.166666
Length: 11
Area: 133.833333
Width: 6.833333
Length: 9.75
Level: First
Area: 66.625
Length: 16.5
Level: First
Area: 210.375
Features: Flooring - Wood, Cable Hookup, High Speed Internet Hookup
Width: 12.75
Features: Closet, Flooring - Wood
Level: First
Length: 11.916666
Width: 15.166666
Area: 180.736111
Full Bathrooms: 1
Interior Features: Internet Available - Broadband, High Speed Internet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Range Hood
Flooring Type: Wood
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:46 B:04 L:01 U:2D, 910062
Water Source: Public
Financial Details
Tax Assessed Value: $306,800
Tax Annual Amount: $2,669
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
Association Fee Frequency: Monthly
HOA Fee: $574
Community Features: Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
04/10/2025
|
2 Bed
|
1 Bath
|
830 ft²
|
$385,000
2 Bed
1 Bath
830 ft²
|
$385,000
05/27/2025
|
Marjorie McCue
Lamacchia Realty, Inc.
| |
|
06/05/2024
|
2 Bed
|
1 Bath
|
830 ft²
|
$349,000
2 Bed
1 Bath
830 ft²
|
$375,000
+7.45%
07/26/2024
|
Karshis & Co.
Keller Williams Realty
| |
|
01/03/2022
|
2 Bed
|
1 Bath
|
830 ft²
|
$295,000
2 Bed
1 Bath
830 ft²
|
$328,000
+11.19%
03/04/2022
|
Shirley Chan
Keller Williams Realty
| |
|
03/08/2019
|
2 Bed
|
1 Bath
|
830 ft²
|
$275,000
2 Bed
1 Bath
830 ft²
|
$290,000
+5.45%
04/24/2019
|
Paul Conti
Paul Conti Real Estate
| |
|
02/25/2019
|
2 Bed
|
1 Bath
|
820 ft²
|
$285,000
2 Bed
1 Bath
820 ft²
|
$300,000
+5.26%
03/22/2019
|
Paul Wile
Real Broker MA, LLC
| |
|
11/16/2016
|
2 Bed
|
1 Bath
|
820 ft²
|
$229,000
2 Bed
1 Bath
820 ft²
|
$232,000
+1.31%
01/13/2017
|
Ann Davis
Impact Realty, LLC
| |
|
10/06/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$200,000
2 Bed
1 Bath
830 ft²
|
$192,000
-4.00%
11/10/2016
|
Stephen Braese
Century 21 North East
| |
|
09/09/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$230,000
2 Bed
1 Bath
830 ft²
|
$230,000
10/28/2016
|
Alice Kirk
Barrett Sotheby's International Realty
| |
|
11/21/2013
|
2 Bed
|
1 Bath
|
830 ft²
|
$179,000
2 Bed
1 Bath
830 ft²
|
$167,500
-6.42%
03/11/2014
|
Elisabeth A. Braese
Century 21 Crowley - Braese
| |
|
09/20/2013
|
2 Bed
|
1 Bath
|
830 ft²
|
$169,900
2 Bed
1 Bath
830 ft²
|
$176,500
+3.88%
02/28/2014
|
Eileen Doherty
Lamacchia Realty, Inc.
| |
|
08/20/2010
|
2 Bed
|
1 Bath
|
830 ft²
|
$141,900
2 Bed
1 Bath
830 ft²
|
-
-
|
Kathleen Mikilitus
Berkshire Hathaway HomeServices Verani Realty
| |
|
03/18/2010
|
1 Bed
|
1 Bath
|
535 ft²
|
$149,000
1 Bed
1 Bath
535 ft²
|
-
-
|
Mary Lawton
Lawton Real Estate, Inc
| |
|
02/12/2010
|
2 Bed
|
1 Bath
|
830 ft²
|
$172,000
2 Bed
1 Bath
830 ft²
|
-
-
|
Kelly Bruno
Compass
| |
|
08/12/2009
|
2 Bed
|
1 Bath
|
830 ft²
|
$174,900
2 Bed
1 Bath
830 ft²
|
$165,000
-5.66%
10/28/2009
|
Roland Spadafora
CENTURY 21 GR Associates
| |
|
11/09/2007
|
1 Bed
|
1 Bath
|
535 ft²
|
$154,900
1 Bed
1 Bath
535 ft²
|
$150,000
-3.16%
03/27/2008
|
Rick Connors
Century 21 Adams KC
| |
|
11/22/2004
|
2 Bed
|
1 Bath
|
820 ft²
|
$209,900
2 Bed
1 Bath
820 ft²
|
$204,000
-2.81%
01/24/2005
|
Melanie Akerblom-Horne
Premier Realty Group, Inc.
| |
|
09/10/2004
|
2 Bed
|
1 Bath
|
835 ft²
|
$219,900
2 Bed
1 Bath
835 ft²
|
$210,000
-4.50%
12/28/2004
|
Jena Howard
Century 21 NW Carson & Marsh
| |
|
11/21/2002
|
2 Bed
|
1 Bath
|
850 ft²
|
$175,000
2 Bed
1 Bath
850 ft²
|
$175,000
01/16/2003
|
Cathy Dunne
Barrett, Chris. J., REALTORS®
| |
|
03/25/1998
|
2 Bed
|
1 Bath
|
830 ft²
|
$79,900
2 Bed
1 Bath
830 ft²
|
$79,900
07/26/1998
|
Jean Cullinane
Lamacchia Realty, Inc.
| |
|
11/11/1995
|
2 Bed
|
1 Bath
|
830 ft²
|
$74,900
2 Bed
1 Bath
830 ft²
|
$69,000
-7.88%
02/29/1996
|
Sue Coe
J. Mulkerin Realty
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017