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Woburn 01801 Wynnmere
7 Lantern Ln
Photo of 7 Lantern Ln
Sold on Jun 12, 2009

1

Map

$340,000
● House - Off Market

7 Lantern Ln

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$724,911
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

Updated three bedroom Cape situated on a cul-de-sac with a large nicely landscaped lot of land. Mostly all hardwood floors through-out. Entry to the  master bedroom is through pocket door & has recessed reading lights and built-in storage. The many updates not only include a jacuzzi style tub but the heating, electric,central a/c, tilt-in replacement windows, the roof, as well as vinyl siding. House is located within close proximity to Route 95.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$233
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1950

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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 #70911253)

Price History

Date / Event Date Event Price
Jun 12, 2009 Sold
Premium
Sold
Apr 30, 2009 Listed $349,900
Listed
Oct 29, 2003 Sold
Premium
Sold
Sep 3, 2003 Listed $365,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 9,245
  • Total Building Area: 1,152
  • Gross Building Area: 2,838
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • 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: 333501

Zoning

  • Zoning: R-1

Geography

  • Account Number: 196891254273 0
  • Parcel: WOBU M:34 B:02 L:13 U:00
  • Block: 2
  • Lot: 13
  • Municipality: WOBURN
  • Latitude: 42.4891
  • Longitude: -71.169

    Address

  • Full Address: 7 Lantern Ln
  • Address - House Number: 7
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Woburn
  • Carrier Code: C035
  • 4-Digit Zip Code: 2816
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $476,400

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 691,074
  • High Value: 812,612
  • Low Value: 569,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $547,600
  • Assessed Land Value: $282,700
  • Assessed Improvements Value: $264,900

    Sales

  • Current Sale Recording Date: Jun 12, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00109533
  • Previous Sale Recording Date: Oct 29, 2003
  • Previous Sale Amount: $357,000
  • 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 Wynnmere

Stats & Trends

Median Asking:

$844,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2191 ft²

Average Home Age

50.8 years

Currently For Sale

6 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 20 Corporate Drive, Burlington, MA, 01803

$2,708 /mo

  • Studio
  • 1 Bath
  • 615 ft²
20 Corporate Drive #S1ES, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,480 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, 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# 70911253

Frequently Asked Questions

When was property at 7 Lantern Lane built and last sold?
The property at 7 Lantern Lane was built in 1950 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 7 Lantern Lane is $368,589.
What are some comparable homes to 7 Lantern Lane?
There are currently no comparable homes to 7 Lantern Lane.
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