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Woburn 01801 Downtown Woburn
60 Eastern Ave
Photo of 60 Eastern Ave
Sold on May 30, 2008

1

Map

$175,000
● House - Off Market

60 Eastern Ave

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,779 Ft²
$424,131
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

NEW PRICE... the BEST deal in Woburn! Solid home needs TLC and it will shine! This Colonial features 6 rooms and 3 bedrooms.  This unique home is handicap accessible and has an elevator to the 2nd floor. Updates include vinyl siding, newer furnace, newer electrical and windows. Priced well under assessed value. Great location! Easy to show.
Unit Size
1,779 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$121
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1920

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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 #70676734)

Price History

Date / Event Date Event Price
May 30, 2008 Sold
Premium
Sold
Nov 12, 2007 Listed $215,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • 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: 999
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,800
  • Total Building Area: 1,779
  • Gross Building Area: 3,462
  • Building Area: 1,779
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,779
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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: 333400

Zoning

  • Zoning: R-2

Geography

  • Account Number: 266963653848 0
  • Parcel: WOBU M:52 B:08 L:36 U:00
  • Block: 8
  • Lot: 36
  • Municipality: WOBURN
  • Latitude: 42.4774
  • Longitude: -71.1425

    Address

  • Full Address: 60 Eastern Ave
  • Address - House Number: 60
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Woburn
  • Carrier Code: C016
  • 4-Digit Zip Code: 4332
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,200

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 636,902
  • High Value: 759,279
  • Low Value: 514,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512,900
  • Assessed Land Value: $267,000
  • Assessed Improvements Value: $245,900

    Sales

  • Current Sale Recording Date: May 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00088662
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

56

Average Home Size

1893 ft²

Average Home Age

79.7 years

Currently For Sale

31 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# 70676734

Frequently Asked Questions

When was property at 60 Eastern Avenue built and last sold?
The property at 60 Eastern Avenue was built in 1920 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 60 Eastern Avenue is $240,936.
What are some comparable homes to 60 Eastern Avenue?
There are currently no comparable homes to 60 Eastern Avenue.
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