$149,000
●
Condo -
Off Market
5 Albert Dr #3
Woburn, MA 01801
1 Bed
1 Bath
585 Ft²
$1,104
Est. Monthly
$259
HOA / Fees
14.79%
Cap Rate
About This Property
Desirable Park Place Condominium with open concept kitchen, living
room & dining area. Updated over the years including all newer
appliances, kitchen & foyer tiled floors, corian counter bath
vanity, ceiling light fans in bedroom & liv room, circuit breaker
box in unit, & installed wall a/c unit. Plenty of closet
space here. Barbecue-garden area & fenced inground pool are there
for you to enjoy. Condo fee includes heat, hot water & more.
Central location near Rts. 93&128 great for commuters.
Unit Size
585 Ft²
Days on Market
-
Land Size
-
Price per sqft
$255
Property Type
Condo
Property Taxes
$113
HOA Dues
$259
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: 2 years ago (MLSPIN #71094262)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Common
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Wood, Tile, Carpet
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Square Footage: 585
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1965
Waterfront Features: Bay Access
Building Name: Park Place Condominium
Building Area Total: 585
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 1
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 46
Tax Assessed Value: $139,300
Tax Annual Amount: $1,350
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $259
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 |
|---|---|---|---|---|---|---|---|
|
09/10/2025
|
2 Bed
|
1 Bath
|
830 ft²
|
$399,999
2 Bed
1 Bath
830 ft²
|
-
-
|
Silvia Monteiro
Dell Realty Inc.
| |
|
08/06/2024
|
2 Bed
|
1 Bath
|
830 ft²
|
$380,000
2 Bed
1 Bath
830 ft²
|
$385,000
+1.32%
09/26/2024
|
Wendy Ho
Central Real Estate
| |
|
05/12/2023
|
2 Bed
|
1 Bath
|
830 ft²
|
$344,900
2 Bed
1 Bath
830 ft²
|
$332,500
-3.60%
06/26/2023
|
Jodi Crowley
Lamacchia Realty, Inc.
| |
|
09/06/2018
|
2 Bed
|
1 Bath
|
830 ft²
|
$279,900
2 Bed
1 Bath
830 ft²
|
$276,000
-1.39%
09/28/2018
|
Mary Lawton
Lawton Real Estate, Inc
| |
|
10/13/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$239,500
2 Bed
1 Bath
830 ft²
|
$239,500
11/30/2016
|
Alice Kirk
LAER Realty Partners
| |
|
05/01/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$220,000
2 Bed
1 Bath
830 ft²
|
$230,000
+4.55%
07/05/2016
|
Darin Thompson
Stuart St James, Inc.
| |
|
03/14/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$239,900
2 Bed
1 Bath
830 ft²
|
$239,900
05/24/2016
|
Jeannie McClean
Century 21 Advance Realty
| |
|
11/18/2010
|
2 Bed
|
1 Bath
|
830 ft²
|
$159,900
2 Bed
1 Bath
830 ft²
|
$150,000
-6.19%
02/22/2011
|
Jeannie McClean
Monarch Realty Group, LLC
| |
|
06/11/2010
|
1 Bed
|
1 Bath
|
585 ft²
|
$149,000
1 Bed
1 Bath
585 ft²
|
-
-
|
Mirella McDonough
EXIT Realty Beatrice Associates
| |
|
06/08/2010
|
2 Bed
|
1 Bath
|
830 ft²
|
$149,900
2 Bed
1 Bath
830 ft²
|
$143,000
-4.60%
05/27/2011
|
Spadafora Team
RE/MAX Andrew Realty Services
| |
|
05/19/2006
|
2 Bed
|
1 Bath
|
830 ft²
|
$210,000
2 Bed
1 Bath
830 ft²
|
$205,000
-2.38%
07/25/2006
|
Mindy Widtfeldt
| |
|
08/19/2004
|
2 Bed
|
1 Bath
|
820 ft²
|
$219,900
2 Bed
1 Bath
820 ft²
|
$217,000
-1.32%
01/28/2005
|
Marina Geracoulis
Century 21 North East
| |
|
05/15/1999
|
2 Bed
|
1 Bath
|
830 ft²
|
$99,900
2 Bed
1 Bath
830 ft²
|
$93,000
-6.91%
08/06/1999
|
Daniel Fabbri
Century 21 Advance Realty
| |
|
06/09/1996
|
2 Bed
|
1 Bath
|
830 ft²
|
$85,000
2 Bed
1 Bath
830 ft²
|
$77,000
-9.41%
09/27/1996
|
Ann Valcourt
CENTURY 21 Crowley
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017