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Woburn 01801 Cummingsville
8 Lafayette Pl
$235,000
● House - Off Market

8 Lafayette Pl

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
$1,066,155
RealtyHop Estimate
333.57%
Since Dec 1, 1996
MA-Boston
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

Payment Calculator

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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 years ago (MLSPIN #30120791)

Price History

Date / Event Date Event Price
May 29, 1998 Sold
Premium
Sold
Dec 16, 1997 Listed $349,900
Listed
Apr 11, 1997 Sold
Premium
Sold
Nov 27, 1996 Sold
Premium
Sold
Aug 6, 1996 Listed $245,900
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,202
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 2,290
  • Gross Building Area: 5,286
  • Building Area: 2,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 246854053770 0
  • Parcel: WOBU M:56 B:03 L:12 U:00
  • Block: 3
  • Lot: 12
  • Municipality: WOBURN
  • Latitude: 42.4752
  • Longitude: -71.183

    Address

  • Full Address: 8 Lafayette Pl
  • Address - House Number: 8
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Woburn
  • Carrier Code: C027
  • 4-Digit Zip Code: 6600
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,052,648
  • High Value: 1,223,803
  • Low Value: 881,492

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $892,100
  • Assessed Land Value: $333,100
  • Assessed Improvements Value: $559,000

    Sales

  • Current Sale Recording Date: May 29, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 11, 1997
  • Previous Sale Amount: $278,000
  • 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 Cummingsville

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$420

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1856 ft²

Average Home Age

72 years

Currently For Sale

9 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 20 Corporate Drive, Burlington, MA, 01803

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,297 ft²
20 Corporate Drive #C2CS, Burlington, MA, 01803 Listing by Equity Residential
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: 4 years ago
Data Source: MLS PIN, MLS# 30120791

Frequently Asked Questions

When was property at 8 Lafayette Place built and last sold?
The property at 8 Lafayette Place was built in 1997 and last sold on Jan 1, 1970 for $329,000.
How much is this home worth?
The estimated value of the home located at 8 Lafayette Place is $0.
What are some comparable homes to 8 Lafayette Place?
There are currently no comparable homes to 8 Lafayette Place.
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