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Woburn 01801 Mishawum
5 Majority Ln
$442,000
● House - Off Market

5 Majority Ln

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,196 Ft²
$728,689
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Located on a cul-de-sac, this Split entry style home with a 2 car garage under has much curb appeal. Features include: Living room with brick fireplace, country kitchen with dining area and office space. Main bath connects both with hallway and master bedroom. Lower level features front to back family room and wood stove/fireplace. 3/4 bath with laundry area.  Large deck off dining area allows access to the fenced back yard and the in-ground  pool area. 2 sheds. The home has Central Air and an Underground Sprinkler System  Updates include windows, roof, lighting, floors. Enjoy the summers in the pool.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$355
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1985

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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 #71949120)

Price History

Date / Event Date Event Price
Mar 10, 2016 Sold
Premium
Sold
Jan 15, 2016 Listed by Realty Executives Marsh & Associates $424,900
Listed by Realty Executives Marsh & Associates
Jul 27, 2001 Sold
Premium
Sold
May 17, 2001 Listed by Realty Executives Marsh & Associates $369,900
Listed by Realty Executives Marsh & Associates
Aug 24, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • 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: 13,274
  • Total Building Area: 1,196
  • Gross Building Area: 2,540
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • 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: 333501

Zoning

  • Zoning: R-1

Geography

  • Account Number: 156962954476 0
  • Parcel: WOBU M:31 B:01 L:19 U:00
  • Block: 1
  • Lot: 19
  • Municipality: WOBURN
  • Latitude: 42.4944
  • Longitude: -71.1425

    Address

  • Full Address: 5 Majority Ln
  • Address - House Number: 5
  • Address - Street Name: Majority
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Woburn
  • Carrier Code: C014
  • 4-Digit Zip Code: 2668
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $549,200

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 720,488
  • High Value: 847,198
  • Low Value: 593,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $631,300
  • Assessed Land Value: $290,500
  • Assessed Improvements Value: $340,800

    Sales

  • Current Sale Recording Date: Mar 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37463
  • Previous Sale Recording Date: Jul 27, 2001
  • Previous Sale Amount: $365,000
  • 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 Mishawum

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2533 ft²

Average Home Age

57 years

Currently For Sale

5 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# 71949120

Frequently Asked Questions

When was property at 5 Majority Lane built and last sold?
The property at 5 Majority Lane was built in 1985 and last sold on Jan 1, 1970 for $442,000.
How much is this home worth?
The estimated value of the home located at 5 Majority Lane is $590,460.
What are some comparable homes to 5 Majority Lane?
There are currently no comparable homes to 5 Majority Lane.
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