$230,000
●
Condo -
Off Market
4 Albert Drive #7
Woburn, MA 01801
2 Beds
1 Bath
830 Ft²
$381,249
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model
About This Property
Spacious second floor unit at Park Place. Large living room, dining
area open to fully applianced kitchen. Wall air conditioner in
living room. Lots of closets and extra storage in the attic. The
complex is well maintained by a professional management company. In
ground swimming pool and 2 parking spaces per unit with guest
parking. Close to major highways and shopping. Pets allowed with
restrictions.
Unit Size
830 Ft²
Days on Market
-
Land Size
-
Price per sqft
$277
Property Type
Condo
Property Taxes
$142
HOA Dues
$389
Year Built
1965
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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: 5 months ago (MLSPIN #72064783)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Sep 9, 2016 | Listed by Barrett Sotheby's International Realty | $230,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| | |||
|
Spacious second floor unit at Park Place. Large living room, dining area open to fully applianced kitchen. Wall air conditioner in living room. Lots of closets and extra storage in the attic. The complex is well maintained by a professional management company. In ground swimming pool and 2 parking spaces per unit with guest parking. Close to major highways and shopping. Pets allowed with restrictions.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Common, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Tile, Hardwood
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 830
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1965
Building Name: Park Place Condominium
Building Area Total: 830
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $169,800
Tax Annual Amount: $1,706
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $389
HOA Fee Frequency: Monthly
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017