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Woburn 01801 North Woburn
LOT 7 Cortland
$213,000
● House - Off Market

LOT 7 Cortland

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
$834,572
RealtyHop Estimate
307.11%
Since Oct 1, 1997
MA-Boston
Primary Model

About This Property

BRAND NEW 20 LOT SUBDIVISION. SPLIT-ENTRY WITH UNFINISHED BASEMENT. CALL FOR DETAILS.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

Payment Calculator

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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 #30108934)

Price History

Date / Event Date Event Price
Sep 23, 1997 Sold
Premium
Sold
Jun 2, 1996 Listed $205,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 7
  • Basement Area: 696
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,468
  • Total Building Area: 1,182
  • Gross Building Area: 2,414
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BALDWIN FARM ESTATES
  • Land Acres: 0000000309
  • 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: 106909954686 0
  • Parcel: WOBU M:23 B:05 L:52 U:00
  • Block: 5
  • Lot: 52
  • Municipality: WOBURN
  • Latitude: 42.5019
  • Longitude: -71.1612

    Address

  • Full Address: 7 Cortland Cir
  • Address - House Number: 7
  • Address - Street Name: Cortland
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Woburn
  • Carrier Code: C063
  • 4-Digit Zip Code: 1848
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $601,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 770,001
  • High Value: 895,199
  • Low Value: 644,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $690,800
  • Assessed Land Value: $319,500
  • Assessed Improvements Value: $371,300

    Sales

  • Current Sale Recording Date: Sep 23, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 04, 1997
  • Previous Sale Amount: $214,450
  • 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:

$729,500

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2764 ft²

Average Home Age

51 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

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

$3,280 /mo

  • 2 Beds
  • 2 Baths
  • 1,199 ft²
2 Littles Brook Court #Essex, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30108934

Frequently Asked Questions

When was property at 7 Cortland Circle built and last sold?
The property at 7 Cortland Circle was built in 1997 and last sold on Jan 1, 1970 for $212,160.
How much is this home worth?
The estimated value of the home located at 7 Cortland Circle is $207,050.
What are some comparable homes to 7 Cortland Circle?
There are currently no comparable homes to 7 Cortland Circle.
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