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Woburn 01801 Downtown Woburn
5 Blake Terrace
$545,000
● House - Off Market

5 Blake Terrace

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,195 Ft²
$750,147
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Inspired renovations that combine quality and beauty shine throughout this 3 bedroom 2 bath colonial.  Come experience the convenience of today's lifestyle with the charm of years gone by.  Gorgeous new kitchen offers a quartz counter top, white cabinetry, stainless steel appliances and upgraded fixtures.  There are many updates including the siding, roof, ceilings and beautifully updated bathrooms.   The inviting open floor plan with recessed lights, hardwood floors and a fireplace living room is perfect for entertaining.  There is nothing to do but move in !!
Unit Size
1,195 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$452
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1920

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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 #72613349)

Price History

Date / Event Date Event Price
Mar 17, 2020 Sold
Premium
Sold
Jan 29, 2020 Listed by Lamacchia Realty, Inc. $539,900
Listed by Lamacchia Realty, Inc.
Oct 17, 2019 Sold
Premium
Sold
Aug 22, 2019 Listed by Lamacchia Realty, Inc. $365,000
Listed by Lamacchia Realty, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 6
  • Basement Area: 528
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,790
  • Total Building Area: 1,080
  • Gross Building Area: 2,405
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • 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: 206938754282 0
  • Parcel: WOBU M:36 B:10 L:36 U:00
  • Block: 10
  • Lot: 36
  • Municipality: WOBURN
  • Latitude: 42.4893
  • Longitude: -71.1514

    Address

  • Full Address: 5 Blake Ter
  • Address - House Number: 5
  • Address - Street Name: Blake
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Woburn
  • Carrier Code: C040
  • 4-Digit Zip Code: 2519
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,200

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 533,686
  • High Value: 627,362
  • Low Value: 440,011

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,200
  • Assessed Land Value: $203,200
  • Assessed Improvements Value: $289,000

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39491
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Oct 04, 2019
  • Previous Sale Amount: $325,000
  • 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

$434

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1773 ft²

Average Home Age

77.2 years

Currently For Sale

26 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72613349

Frequently Asked Questions

When was property at 5 Blake Terrace built and last sold?
The property at 5 Blake Terrace was built in 1920 and last sold on Mar 16, 2020 for $545,000.
How much is this home worth?
The estimated value of the home located at 5 Blake Terrace is $537,013.
What are some comparable homes to 5 Blake Terrace?
There are currently no comparable homes to 5 Blake Terrace.
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