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Woburn 01801 Downtown Woburn
520 Main
$520,000
● House - Off Market

520 Main

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,612 Ft²
$580,624
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

*** Fully Gut Renovated *** Spectacular and wonderful open floor plan *** New baths*** New Modern Kitchen *** New SS Appliances*** New windows*** New HVAC***New roof***New Siding*** Every thing you see and smell is new . Nothing to do for many, many years . Experience the open concept space with contemporary kitchen cabinets , quartz countertops and stainless steel kitchen appliances with glass backsplash. Two bedrooms are located on the top floor. Gleaming hardwood floors throughout the house. Enjoy morning coffee and entertain on the deck overlooking the yard. Ideal for commuters and those who love to be in a location convenient to restaurants, shops and city services/amenities.
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$335
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1880

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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 #73057258)

Price History

Date / Event Date Event Price
Dec 13, 2022 Sold
Premium
Sold
Nov 10, 2022 Listed by Trinity Real Estate $539,999
Listed by Trinity Real Estate
Feb 7, 2022 Sold
Premium
Sold
Dec 17, 2021 Listed by Trinity Real Estate $249,000
Listed by Trinity Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 646
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,931
  • Total Building Area: 1,034
  • Gross Building Area: 1,938
  • Building Area: 1,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,034
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000067
  • 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: S-I

Geography

  • Account Number: 206938654070 0
  • Parcel: WOBU M:43 B:12 L:04 U:00
  • Block: 12
  • Lot: 4
  • Municipality: WOBURN
  • Latitude: 42.4834
  • Longitude: -71.1514

    Address

  • Full Address: 520 Main St
  • Address - House Number: 520
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C029
  • 4-Digit Zip Code: 2913
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $308,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 365,725
  • High Value: 394,064
  • Low Value: 337,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,800
  • Assessed Land Value: $193,300
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180918
  • Previous Sale Recording Date: Feb 07, 2022
  • Previous Sale Contract Date: Feb 02, 2022
  • Previous Sale Amount: $231,000
  • 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:

$715,000

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1788 ft²

Average Home Age

66.3 years

Currently For Sale

36 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# 73057258

Frequently Asked Questions

When was property at 520 Main Street built and last sold?
The property at 520 Main Street was built in 1880 and last sold on Dec 8, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 520 Main Street is $553,057.
What are some comparable homes to 520 Main Street?
There are currently no comparable homes to 520 Main Street.
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