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Woburn 01801 Shakerhill
8 Exeter Drive
$430,000
● House - Off Market

8 Exeter Drive

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,524 Ft²
$773,855
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Great opportunity to own in West Woburn just over the Lexington line.  Three bedroom colonial situated on a large, pretty lot has been owned by the same family since it was built.  Roof and gutters replaced in 2014.  Main floor features a large living room with wood burning fireplace and bay window, formal dining room and four season porch.  Hardwood floors can be found under the wall to wall carpet throughout the house, even the kitchen has hardwood.  Good size master bedroom with ample closet space.  Full, walk out basement has limitless possibilities.
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$292
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1966

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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: 5 months ago (MLSPIN #71859921)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by Northeast Realty, LLC $615,000
Listed by Northeast Realty, LLC
Sep 4, 2015 Sold
Premium
Sold
Jun 15, 2015 Listed by Northeast Realty, LLC $445,000
Listed by Northeast Realty, LLC

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 675
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,401
  • Total Building Area: 1,225
  • Gross Building Area: 2,439
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • 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: 416837353034 0
  • Parcel: WOBU M:77 B:14 L:03 U:00
  • Block: 14
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.455
  • Longitude: -71.1891

    Address

  • Full Address: 8 Exeter Dr
  • Address - House Number: 8
  • Address - Street Name: Exeter
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 5907
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 747,259
  • High Value: 863,504
  • Low Value: 631,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,400
  • Assessed Land Value: $335,100
  • Assessed Improvements Value: $274,300

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 215335
  • Previous Sale Recording Date: Sep 04, 2015
  • Previous Sale Amount: $430,000
  • 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:

$1,092,000

Sale Price/ft²

$479

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3939 ft²

Average Home Age

37.4 years

Currently For Sale

19 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

$2,050 /mo

  • 1 Bed
  • 1 Bath
  • 615 ft²
2 Littles Brook Court #Harvard, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71859921

Frequently Asked Questions

When was property at 8 Exeter Drive built and last sold?
The property at 8 Exeter Drive was built in 1966 and last sold on Sep 29, 2021 for $660,000.
How much is this home worth?
The estimated value of the home located at 8 Exeter Drive is $622,153.
What are some comparable homes to 8 Exeter Drive?
There are currently no comparable homes to 8 Exeter Drive.
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