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Woburn 01801 Downtown Woburn
556 Main
$334,000
● House - Off Market

556 Main

Woburn, MA 01801
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,560 Ft²
$938,320
RealtyHop Estimate
146.99%
Since Sep 1, 2001
MA-Boston
Primary Model

About This Property

TASTEFULLY DETAILED OLDER COLONIAL IN THE HEART OF HAMMOND SQUARE. BEAUTFUL CHERRY WOODWORK AND GORGEOUS HARDWOOD FLOORS. SPACIOUS ROOMS AND HIGH CEILINGS.  THE THIRD FLOOR IS FINISHED BUT UNHEATED.  GREAT LOCATION.  MUST SEE.
Unit Size
2,560 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$148
Property Type
House
Property Taxes
$187
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: 4 years ago (MLSPIN #30476722)

Price History

Date / Event Date Event Price
Apr 7, 2021 Sold
Premium
Sold
Aug 31, 2001 Sold
Premium
Sold
Feb 7, 2001 Listed $379,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,623
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,064
  • Total Building Area: 3,130
  • Gross Building Area: 6,614
  • Building Area: 3,130
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,130
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Woburn School District
  • School Tax School District: WOBURN SD
  • Census Tract: 333502

Zoning

  • Zoning: S-I

Geography

  • Account Number: 206935854123 0
  • Parcel: WOBU M:43 B:06 L:09 U:00
  • Block: 6
  • Lot: 9
  • Municipality: WOBURN
  • Latitude: 42.4849
  • Longitude: -71.1525

    Address

  • Full Address: 556 Main St
  • Address - House Number: 556
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C029
  • 4-Digit Zip Code: 2915
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,800

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 821,962
  • High Value: 1,012,605
  • Low Value: 631,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633,100
  • Assessed Land Value: $237,200
  • Assessed Improvements Value: $395,900

    Sales

  • Current Sale Contract Date: Apr 05, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78136
  • Previous Sale Recording Date: Aug 31, 2001
  • Previous Sale Amount: $334,000
  • 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 Downtown Woburn

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1794 ft²

Average Home Age

62.3 years

Currently For Sale

35 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30476722

Frequently Asked Questions

When was property at 556 Main Street built and last sold?
The property at 556 Main Street was built in 1880 and last sold on Apr 5, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 556 Main Street is $0.
What are some comparable homes to 556 Main Street?
There are currently no comparable homes to 556 Main Street.
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