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Woburn 01801 Shakerhill
56 Robinson Road
$515,000
● House - Off Market

56 Robinson Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,542 Ft²
$545,876
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Super west side location and a great lot for this 3/1 Ranch. The home is in need of an extensive rehab or rebuild, however the future potential is limitless. Build your dream home or redesign to suit your needs. The home sits on a lovely 13k lot and offers hardwood flooring and a fireplaced living room. Home to be sold as-is.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$344
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1955

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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 #73065633)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Dec 27, 2022 In contract -
In contract
Dec 17, 2022 Listed by J. Mulkerin Realty $529,900
Listed by J. Mulkerin Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 11
  • 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: 6
  • Basement Area: 1,014
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,196
  • Total Building Area: 1,014
  • Gross Building Area: 2,048
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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: 333100

Zoning

  • Zoning: R-1

Geography

  • Account Number: 416816653063 0
  • Parcel: WOBU M:77 B:05 L:12 U:00
  • Block: 5
  • Lot: 12
  • Municipality: WOBURN
  • Latitude: 42.4559
  • Longitude: -71.1967

    Address

  • Full Address: 56 Robinson Rd
  • Address - House Number: 56
  • Address - Street Name: Robinson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 6168
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 692,523
  • High Value: 820,031
  • Low Value: 565,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,800
  • Assessed Land Value: $333,800
  • Assessed Improvements Value: $208,000

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1933377

    Financing

  • First Mortgage Financing Type: ADJ
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 Shakerhill

Stats & Trends

Median Asking:

$1,099,000

Sale Price/ft²

$464

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3415 ft²

Average Home Age

45.3 years

Currently For Sale

14 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

Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,405 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
2 Littles Brook Court #Dover, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73065633

Frequently Asked Questions

When was property at 56 Robinson Road built and last sold?
The property at 56 Robinson Road was built in 1955 and last sold on Mar 9, 2023 for $515,000.
How much is this home worth?
The estimated value of the home located at 56 Robinson Road is $540,310.
What are some comparable homes to 56 Robinson Road?
There are currently no comparable homes to 56 Robinson Road.
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