For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Woburn 01801 Downtown Woburn
56 Prospect St
$707,000
● House - Off Market

56 Prospect St

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,767 Ft²
$662,123
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to 56 Prospect St! This charming and warm 8 room, 3 bedroom, 1.5 bath house is an absolute MUST see. It's a perfect mix of character with newer updates you want in a nice quiet neighborhood close to town center. High ceilings, all hardwood floors or tile except in the walk up attic space which is carpet, laundry and half bath on main level for easy living. Walk out from kitchen into your fenced in yard with paver patio and custom built shed to store everything you need to maintain the property. Location is perfect for walking to town center and all Woburn has to offer. Minutes to RTE 93 and bus service to Boston as well. Don't miss this one!
Unit Size
1,767 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$373
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1830

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #73106810)

Price History

Date / Event Date Event Price
May 24, 2023 Sold
Premium
Sold
May 7, 2023 In contract -
In contract
May 3, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $659,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Dec 18, 2015 Sold
Premium
Sold
Oct 14, 2015 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $424,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 893
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,615
  • Total Building Area: 1,767
  • Gross Building Area: 3,330
  • Building Area: 1,767
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,767
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 333300

Zoning

  • Zoning: R-2

Geography

  • Account Number: 266950153789 0
  • Parcel: WOBU M:59 B:05 L:07 U:00
  • Block: 5
  • Lot: 7
  • Municipality: WOBURN
  • Latitude: 42.4757
  • Longitude: -71.1473

    Address

  • Full Address: 56 Prospect St
  • Address - House Number: 56
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C019
  • 4-Digit Zip Code: 4339
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 736,537
  • High Value: 902,179
  • Low Value: 570,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,500
  • Assessed Land Value: $244,400
  • Assessed Improvements Value: $316,100

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54022
  • Previous Sale Recording Date: Dec 18, 2015
  • Previous Sale Amount: $418,900
  • 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

$433

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1787 ft²

Average Home Age

68.6 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: 5 months ago
Data Source: MLS PIN, MLS# 73106810

Frequently Asked Questions

When was property at 56 Prospect Street built and last sold?
The property at 56 Prospect Street was built in 1830 and last sold on May 24, 2023 for $707,000.
How much is this home worth?
The estimated value of the home located at 56 Prospect Street is $663,261.
What are some comparable homes to 56 Prospect Street?
There are currently no comparable homes to 56 Prospect Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Woburn Homes for Sale
Woburn Houses for Sale
Woburn Condos for Sale
Woburn Multifamily for Sale
Woburn Land for Sale
Woburn Commercial for Sale
Woburn Homes with Basements
Woburn Homes with Pools
Nearby Cities
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Malden Homes for Sale
Lexington Homes for Sale
Watertown Town Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Norfolk County, MA Property Records
Hillsborough County, NH Property Records
Rockingham County, NH Property Records
Worcester County, MA Property Records
Providence County, RI Property Records
Neighborhoods
Maplewood Real Estate
Thompson Square - Bunker Hill Real Estate
Watertown West End Real Estate
Glendale Real Estate
Arlington Heights Real Estate
Downtown Woburn Real Estate
Winchester Town Center Real Estate
Arlington Center Real Estate
Nearby Counties
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Waltham Homes for Sale
Arlington Homes for Sale
Malden Homes for Sale
Billerica Homes for Sale
Lexington Homes for Sale
Top Real Estate Agents
Top Agents in Downtown Woburn
Top Agents in Woburn
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Somerville
Top Agents in Somerville
Top Agents in 02155
Top Agents in Medford