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Woburn 01801 North Woburn
5 Driftwood Dr
$605,000
● House - Off Market

5 Driftwood Dr

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,262 Ft²
$901,435
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Pristine, one owner, split level home at the end of a cul-de-sac. Main level offers 3 generous bedrooms, a full bath, living rm and dining room both with hardwood flooring, open eat-in kitchen, sunroom with skylight and walls of windows overlooking a private yard surrounded by nature. The walkout lower level is finished with a large family room, or guest suite complete with a kitchenette and a full bath. Huge laundry room which can be easily separated for additional living space. Other features include central a/c, trex deck, patio, storage shed and a 1 car garage. This special home is truly a must see!
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$483
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1994

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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: 5 months ago (MLSPIN #72365616)

Price History

Date / Event Date Event Price
Sep 27, 2018 Sold
Premium
Sold
Jul 20, 2018 Listed by J. Mulkerin Realty $609,000
Listed by J. Mulkerin Realty
Sep 9, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,770
  • Total Building Area: 1,262
  • Gross Building Area: 2,696
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000339
  • 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: 333602

Zoning

  • Zoning: R-1

Geography

  • Account Number: 3690645528400
  • Parcel: WOBU M:08 B:01 L:47 U:00
  • Block: 1
  • Lot: 47
  • Municipality: WOBURN
  • Latitude: 42.5169
  • Longitude: -71.1634

    Address

  • Full Address: 5 Driftwood Dr
  • Address - House Number: 5
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Woburn
  • Carrier Code: C065
  • 4-Digit Zip Code: 1269
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $629,300

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 865,107
  • High Value: 999,684
  • Low Value: 730,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,300
  • Assessed Land Value: $320,300
  • Assessed Improvements Value: $403,000

    Sales

  • Current Sale Recording Date: Sep 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 149586
  • Previous Sale Recording Date: Sep 09, 1994
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: 27
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 North Woburn

Stats & Trends

Median Asking:

$734,950

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2966 ft²

Average Home Age

38 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 72365616

Frequently Asked Questions

When was property at 5 Driftwood Drive built and last sold?
The property at 5 Driftwood Drive was built in 1994 and last sold on Jan 1, 1970 for $605,000.
How much is this home worth?
The estimated value of the home located at 5 Driftwood Drive is $606,905.
What are some comparable homes to 5 Driftwood Drive?
There are currently no comparable homes to 5 Driftwood Drive.
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