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Woburn 01801 Mishawum
9 Hope Lane
$394,000
● House - Off Market

9 Hope Lane

Woburn, MA 01801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,380 Ft²
$642,377
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Just in time for Spring!!  This beautiful ranch on a quiet cul-de-sac features an updated open concept kitchen with granite countertops, ss appliances, and recessed all LED lighting. This home features 2 bedrooms on the first floor and in-law potential in the lower level with a bedroom, bathroom, living room and kitchenette with a walk out to a separate driveway.  Central air cools the entire home in the summer and your NEST smart learning thermostat will help you save in the winter months.  The amazing fenced in back yard features large deck with hot tub overlooking a professionally landscaped yard with built in sprinkler system.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$264
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #71802878)

Price History

Date / Event Date Event Price
May 6, 2015 Sold
Premium
Sold
Mar 18, 2015 Listed by RE/MAX Leading Edge $364,900
Listed by RE/MAX Leading Edge
Apr 1, 2009 Sold
Premium
Sold
Jul 17, 2008 Listed by RE/MAX Leading Edge $320,000
Listed by RE/MAX Leading Edge
Jul 29, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 11
  • 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: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 1,730
  • Gross Building Area: 2,782
  • Building Area: 1,730
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,730
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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: 333602

Zoning

  • Zoning: R-1

Geography

  • Account Number: 116951954788 0
  • Parcel: WOBU M:24 B:06 L:14 U:00
  • Block: 6
  • Lot: 14
  • Municipality: WOBURN
  • Latitude: 42.503
  • Longitude: -71.1464

    Address

  • Full Address: 9 Hope Ln
  • Address - House Number: 9
  • Address - Street Name: Hope
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Woburn
  • Carrier Code: C022
  • 4-Digit Zip Code: 2415
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $513,900

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 721,337
  • High Value: 851,703
  • Low Value: 590,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,700
  • Assessed Land Value: $319,200
  • Assessed Improvements Value: $271,500

    Sales

  • Current Sale Recording Date: May 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66528
  • Previous Sale Recording Date: Apr 01, 2009
  • Previous Sale Amount: $310,000
  • 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 Mishawum

Stats & Trends

Median Asking:

$782,450

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2599 ft²

Average Home Age

63.8 years

Currently For Sale

5 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71802878

Frequently Asked Questions

When was property at 9 Hope Lane built and last sold?
The property at 9 Hope Lane was built in 1955 and last sold on Jan 1, 1970 for $394,000.
How much is this home worth?
The estimated value of the home located at 9 Hope Lane is $374,431.
What are some comparable homes to 9 Hope Lane?
There are currently no comparable homes to 9 Hope Lane.
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