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Woburn 01801 North Woburn
62 School Street
$390,000
● House - Off Market

62 School Street

Woburn, MA 01801
bedrooms
5 Beds
bathrooms
2 Baths
square feet
9,999 Ft²
$719,663
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

Move right-in!  Charming 5 bedroom 2 bath colonial with many updates and so much character!  First floor includes hardwood floors, updated kitchen, new bedroom (or family room), and spacious living room & dining room.  Nice foyer area with hardwood  and high ceilings. New wall-to-wall carpets on second floor. Recently finished room on third floor can be used as a bedroom, office, or loft.  New windows, new vinyl siding, new gutters, and 1-car garage.  Perfect for the family!  Motivated Seller!
Unit Size
9,999 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$40
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1948

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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 #70296871)

Price History

Date / Event Date Event Price
May 26, 2006 Sold
Premium
Sold
Nov 21, 2005 Listed by E. B. Properties $399,900
Listed by E. B. Properties
Nov 15, 2004 Sold
Premium
Sold
Jul 23, 2004 Listed by E. B. Properties $349,900
Listed by E. B. Properties

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 928
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,830
  • Total Building Area: 1,752
  • Gross Building Area: 3,782
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000272
  • 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: 333602

Zoning

  • Zoning: R-2

Geography

  • Account Number: 76929654950 0
  • Parcel: WOBU M:18 B:04 L:15 U:00
  • Block: 4
  • Lot: 15
  • Municipality: WOBURN
  • Latitude: 42.5075
  • Longitude: -71.1547

    Address

  • Full Address: 62 School St
  • Address - House Number: 62
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C064
  • 4-Digit Zip Code: 1741
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $505,000

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 706,215
  • High Value: 816,223
  • Low Value: 596,208

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $580,500
  • Assessed Land Value: $289,200
  • Assessed Improvements Value: $291,300

    Sales

  • Current Sale Recording Date: May 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00095449
  • Previous Sale Recording Date: Nov 15, 2004
  • Previous Sale Amount: $339,900
  • 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 North Woburn

Stats & Trends

Median Asking:

$734,950

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2966 ft²

Average Home Age

38 years

Currently For Sale

8 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# 70296871

Frequently Asked Questions

When was property at 62 School Street built and last sold?
The property at 62 School Street was built in 1948 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 62 School Street is $430,775.
What are some comparable homes to 62 School Street?
There are currently no comparable homes to 62 School Street.
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