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Woburn 01801 Shakerhill
8 Penny Road
Photo of 8 Penny Road
Sold on Aug 30, 2007

1

Map

$344,000
● House - Off Market

8 Penny Road

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
1 Bath
$712,382
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Westside location on Lexington Line!!  This three bedroom ranch features updated windows, a fireplaced livingroom, great yard with deck and above ground pool and hot tub.New furnace, blown in insulation. shed has cement floor and electricity Underground sprinkler system front and back. Walk out basement.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1957

Payment Calculator

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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: 4 months ago (MLSPIN #70591497)

Price History

Date / Event Date Event Price
Nov 28, 2007 Sold
Premium
Sold
Aug 30, 2007 Sold
Premium
Sold
Jun 4, 2007 Listed $379,900
Listed
Jun 3, 1997 Sold
Premium
Sold
Apr 7, 1997 Listed $174,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 492
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,210
  • Total Building Area: 2,437
  • Gross Building Area: 4,071
  • Building Area: 2,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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: 376819153102 0
  • Parcel: WOBU M:77 B:06 L:03 U:00
  • Block: 6
  • Lot: 3
  • Municipality: WOBURN
  • Latitude: 42.4569
  • Longitude: -71.1959

    Address

  • Full Address: 8 Penny Rd
  • Address - House Number: 8
  • Address - Street Name: Penny
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Woburn
  • Carrier Code: C041
  • 4-Digit Zip Code: 6120
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $649,700

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,047,260
  • High Value: 1,232,856
  • Low Value: 861,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $746,800
  • Assessed Land Value: $330,800
  • Assessed Improvements Value: $416,000

    Sales

  • Current Sale Recording Date: Nov 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01459661
  • Previous Sale Recording Date: Jun 03, 1997
  • Previous Sale Amount: $165,500
  • Previous Sale Document Type: 43
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:

$1,095,000

Sale Price/ft²

$475

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3838 ft²

Average Home Age

44.5 years

Currently For Sale

14 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

$3,510 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70591497

Frequently Asked Questions

When was property at 8 Penny Road built and last sold?
The property at 8 Penny Road was built in 1957 and last sold on Jan 1, 1970 for $344,000.
How much is this home worth?
The estimated value of the home located at 8 Penny Road is $383,699.
What are some comparable homes to 8 Penny Road?
There are currently no comparable homes to 8 Penny Road.
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