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Woburn 01801 Downtown Woburn
8 Beach Terr
$495,000
● House - Off Market

8 Beach Terr

Woburn, MA 01801
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,132 Ft²
$866,139
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Fabulous home in highly desirable area situated at the end of a quiet residential dead-end street. Many new updates including fully applianced kitchen with stainless appliances, granite countertops, new hardwood flooring, freshly painted through out. Finished lower level offering family room with fireplace, 4th bedroom with separate entry, new carpeting,  Playroom/office and a large utility/work room. Large deck overlooks nice level yard with an in-ground pool!
Unit Size
1,132 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$459
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1972

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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 #71967099)

Price History

Date / Event Date Event Price
Aug 29, 2016 Sold
Premium
Sold
Mar 4, 2016 Listed by J. Mulkerin Realty $519,900
Listed by J. Mulkerin Realty
Nov 25, 2015 Sold
Premium
Sold
May 7, 2015 Listed by J. Mulkerin Realty $350,000
Listed by J. Mulkerin Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 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: 9
  • Basement Area: 200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,151
  • Total Building Area: 1,132
  • Gross Building Area: 2,398
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • 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-2

Geography

  • Account Number: 156948854354 0
  • Parcel: WOBU M:36 B:08 L:05 U:00
  • Block: 8
  • Lot: 5
  • Municipality: WOBURN
  • Latitude: 42.4912
  • Longitude: -71.1477

    Address

  • Full Address: 8 Beach Ter
  • Address - House Number: 8
  • Address - Street Name: Beach
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Woburn
  • Carrier Code: C014
  • 4-Digit Zip Code: 2602
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $503,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 729,213
  • High Value: 857,328
  • Low Value: 601,097

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,600
  • Assessed Land Value: $289,800
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Recording Date: Aug 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150269
  • Previous Sale Recording Date: Nov 25, 2015
  • Previous Sale Amount: $370,000
  • 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 Downtown Woburn

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$434

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1773 ft²

Average Home Age

77.2 years

Currently For Sale

26 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# 71967099

Frequently Asked Questions

When was property at 8 Beach Terrace built and last sold?
The property at 8 Beach Terrace was built in 1972 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 8 Beach Terrace is $515,742.
What are some comparable homes to 8 Beach Terrace?
There are currently no comparable homes to 8 Beach Terrace.
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