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Woburn 01801 Downtown Woburn
7 Place Ln
$315,000
● House - Off Market

7 Place Ln

Woburn, MA 01801
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,320 Ft²
$579,997
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Don't miss the great, Antique Colonial with 2 bedrooms and 1 and ½ bathrooms. Step out of your eat-in kitchen onto the large deck overlooking your private, back yard with perennial rose bushes. This home offers character galore with wide planked floors and lots of old world charm, just waiting to be brought back to its original condition. First floor offers eat-in kitchen, formal dining room, living room, office and half bath. Upstairs boasts two good size bedrooms, a full bath. Come put your finishing touches on this great property.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$250
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1986

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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 #71890797)

Price History

Date / Event Date Event Price
Dec 17, 2015 Sold
Premium
Sold
Aug 17, 2015 Listed by Better Homes and Gardens Real Estate - The Shanahan Group $329,900
Listed by Better Homes and Gardens Real Estate - The Shanahan Group
Jul 1, 2009 Sold
Premium
Sold
Mar 11, 2009 Listed by Better Homes and Gardens Real Estate - The Shanahan Group $289,900
Listed by Better Homes and Gardens Real Estate - The Shanahan Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 663
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 1,320
  • Gross Building Area: 2,365
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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-3

Geography

  • Account Number: 206932454273 0
  • Parcel: WOBU M:36 B:09 L:21 U:00
  • Block: 9
  • Lot: 21
  • Municipality: WOBURN
  • Latitude: 42.489
  • Longitude: -71.1537

    Address

  • Full Address: 7 Place Ln
  • Address - House Number: 7
  • Address - Street Name: Place
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Woburn
  • Carrier Code: C044
  • 4-Digit Zip Code: 2972
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 624,649
  • High Value: 726,214
  • Low Value: 523,084

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,200
  • Assessed Land Value: $269,700
  • Assessed Improvements Value: $222,500

    Sales

  • Current Sale Recording Date: Dec 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 214546
  • Previous Sale Recording Date: Jul 01, 2009
  • Previous Sale Amount: $276,000
  • 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 Downtown Woburn

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1750 ft²

Average Home Age

76.8 years

Currently For Sale

29 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# 71890797

Frequently Asked Questions

When was property at 7 Place Ln built and last sold?
The property at 7 Place Ln was built in 1986 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 7 Place Ln is $343,686.
What are some comparable homes to 7 Place Ln?
There are currently no comparable homes to 7 Place Ln.
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