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Woburn 01801 Downtown Woburn
740 Main Street
$325,000
● House - Off Market

740 Main Street

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,796 Ft²
$651,533
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Great home for contractor/ home office etc,  the 2 car garage is currently set up as an apartment for family member  would make great office/workshop space. property is on septic and would need to be hooked up to town sewer buyers responsibility main house has  great bones hardwood under carpet, great light from windows house needs updating to bring it back to life,  the 2nd floor is currently being used as 3 room in law with bath, this home has a lot of possiblilites showings start 11/18
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$189
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
2015

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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: 6 months ago (MLSPIN #71456879)

Price History

Date / Event Date Event Price
Jun 21, 2013 Sold
Premium
Sold
Nov 13, 2012 Listed by RE/MAX Encore $339,900
Listed by RE/MAX Encore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 2
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,880
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,613
  • Total Building Area: 3,418
  • Gross Building Area: 6,366
  • Building Area: 3,418
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,418
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000542
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Woburn School District
  • School Tax School District: WOBURN SD
  • Census Tract: 333501

Zoning

  • Zoning: R-2

Geography

  • Account Number: 156925454569 0
  • Parcel: WOBU M:29 B:02 L:03 U:00
  • Block: 2
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.4971
  • Longitude: -71.1566

    Address

  • Full Address: 740 Main St
  • Address - House Number: 740
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C071
  • 4-Digit Zip Code: 2312
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $875,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 1,256,430
  • High Value: 1,411,898
  • Low Value: 1,100,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,006,600
  • Assessed Land Value: $296,700
  • Assessed Improvements Value: $709,900

    Sales

  • Current Sale Recording Date: Jun 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000013
  • Previous Sale Recording Date: Oct 10, 2012
  • 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:

$714,900

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1800 ft²

Average Home Age

64.2 years

Currently For Sale

36 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

$2,915 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, 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# 71456879

Frequently Asked Questions

When was property at 740 Main Street built and last sold?
The property at 740 Main Street was built in 2015 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 740 Main Street is $364,048.
What are some comparable homes to 740 Main Street?
There are currently no comparable homes to 740 Main Street.
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