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Woburn 01801 Downtown Woburn
4 Sherman Place Ct.
$532,000
● House - Off Market

4 Sherman Place Ct.

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,576 Ft²
$919,900
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Pride of ownership in this meticulously maintained 10 room Split Entry located on quiet dead end street.  Formal living room opens to formal dining room with French doors to family room.  Custom cherry kitchen with ss appliances opens to family room with deck overlooking private fenced yard. Hardwood floors throughout the first floor. New quartz countertop and faucets in first floor bath.  Central air unit is 5 years old.  Lower level has all new carpet in the 16 x 23 family room, bedroom and office. Heating system and roof about 6 years old. All of this in a convenient location to highways, bus stop and schools.
Unit Size
2,576 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$213
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1924

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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 #71996709)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
Apr 29, 2016 Listed by J. Mulkerin Realty $549,900
Listed by J. Mulkerin Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,710
  • Total Building Area: 2,312
  • Gross Building Area: 3,600
  • Building Area: 2,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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-1

Geography

  • Account Number: 216970354040 0
  • Parcel: WOBU M:44 B:08 L:03 U:00
  • Block: 8
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.4825
  • Longitude: -71.1396

    Address

  • Full Address: 4 Sherman Pl
  • Address - House Number: 4
  • Address - Street Name: Sherman
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Woburn
  • Carrier Code: C036
  • 4-Digit Zip Code: 3614
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $541,600

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 786,880
  • High Value: 914,823
  • Low Value: 658,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $622,500
  • Assessed Land Value: $293,100
  • Assessed Improvements Value: $329,400
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71996709

Frequently Asked Questions

When was property at 4 Sherman Place built and last sold?
The property at 4 Sherman Place was built in 1924 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Sherman Place is $581,842.
What are some comparable homes to 4 Sherman Place?
There are currently no comparable homes to 4 Sherman Place.
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