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Woburn 01801 Downtown Woburn
8 Madison Street
Photo of 8 Madison Street
Sold on Oct 25, 2010

1

Map

$180,000
● House - Off Market

8 Madison Street

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,058 Ft²
$418,945
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

Five room bungalow with 3 bedrooms, new bath some hard wood floors and new heating system. This home would be perfect for a handyman that could see the potential for the cute home it could be. This home is located in great area , close to elementary school with swimming pool, Route 93 and public transportation.Oil tank is less than 10 years old.Third bedroom could be used as dining room.
Unit Size
1,058 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$189
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 12 months ago (MLSPIN #71105576)

Price History

Date / Event Date Event Price
Oct 25, 2010 Sold
Premium
Sold
Jul 7, 2010 Listed by Prudential Preferred Realty $199,900
Listed by Prudential Preferred Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 6
  • Basement Area: 794
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,030
  • Gross Building Area: 1,854
  • Building Area: 1,030
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,030
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM R FARROW
  • Land Acres: 0000000092
  • 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: 333400

Zoning

  • Zoning: R-2

Geography

  • Account Number: 276973153775 0
  • Parcel: WOBU M:60 B:05 L:04 U:00
  • Block: 5
  • Lot: 4
  • Municipality: WOBURN
  • Latitude: 42.4753
  • Longitude: -71.1388

    Address

  • Full Address: 8 Madison St
  • Address - House Number: 8
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C019
  • 4-Digit Zip Code: 5227
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $324,800

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 457,594
  • High Value: 537,914
  • Low Value: 377,275

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,300
  • Assessed Land Value: $215,900
  • Assessed Improvements Value: $157,400

    Sales

  • Current Sale Recording Date: Oct 25, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00191130
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:

$715,000

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1788 ft²

Average Home Age

66.9 years

Currently For Sale

35 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: 12 months ago
Data Source: MLS PIN, MLS# 71105576

Frequently Asked Questions

When was property at 8 Madison Street built and last sold?
The property at 8 Madison Street was built in 1950 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 8 Madison Street is $0.
What are some comparable homes to 8 Madison Street?
There are currently no comparable homes to 8 Madison Street.
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