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Woburn 01801 Shakerhill
7 Parker St
$502,000
● House - Off Market

7 Parker St

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,560 Ft²
$683,550
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

Welcome home to this charming four bedroom cape / bungalow style home in a desirable West Woburn location. You are invited into this home by its curb appeal and  covered front porch. Once inside, you are greeted by a large living room, dining room and a newly remodeled custom designed eat-in kitchen, that has a large pantry closet, pot filler faucet and quartz countertops. Two bedrooms and a bathroom complete the first floor. The beautiful wood staircase with stained glass windows lead you to the second floor where you will find two bedrooms and additional storage. Other updates in this home include a newer roof, gas conversion, newer boiler, baseboard heaters, direct hot water system, and newer windows throughout.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$317
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1912

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72640920)

Price History

Date / Event Date Event Price
May 20, 2020 Sold
Premium
Sold
Apr 4, 2020 Listed by J. Mulkerin Realty $495,000
Listed by J. Mulkerin Realty
Jul 11, 2018 Sold
Premium
Sold
Apr 30, 2018 Listed by J. Mulkerin Realty $489,000
Listed by J. Mulkerin Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • 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: 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Total Building Area: 1,560
  • Gross Building Area: 3,060
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 386866953305 0
  • Parcel: WOBU M:72 B:03 L:03 U:00
  • Block: 3
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.4625
  • Longitude: -71.1782

    Address

  • Full Address: 7 Parker St
  • Address - House Number: 7
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C033
  • 4-Digit Zip Code: 5934
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $458,200

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 659,038
  • High Value: 769,857
  • Low Value: 548,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,700
  • Assessed Land Value: $279,200
  • Assessed Improvements Value: $247,500

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76369
  • Previous Sale Recording Date: Jul 11, 2018
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: O
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:

$1,019,950

Sale Price/ft²

$476

Below Asking

0.02%

Average Days on Market

52

Average Home Size

4033 ft²

Average Home Age

42.5 years

Currently For Sale

15 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

$3,500 /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: 6 months ago
Data Source: MLS PIN, MLS# 72640920

Frequently Asked Questions

When was property at 7 Parker Street built and last sold?
The property at 7 Parker Street was built in 1912 and last sold on May 6, 2020 for $502,000.
How much is this home worth?
The estimated value of the home located at 7 Parker Street is $512,806.
What are some comparable homes to 7 Parker Street?
There are currently no comparable homes to 7 Parker Street.
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