Active
2 Days on market
3 Albert Dr #11 Woburn — Photo 1 of 15

3 Albert Dr #11 Woburn — Photo 1 of 15

$310,000

Investment Analysis — 3 Albert Dr #11

Woburn, MA 01801

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01801 carries an estimated $2,650/mo in gross rent — about a 5.14% cap rate and $15,936/yr in estimated NOI at the $310,000 list price. Adjust every assumption in the calculator below.

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Beds

1

Baths

1

SqFt

650

Style

Condominium

Built

1965

This beautifully renovated one bedroom on top level in rarely available and conveniently located Park Place Condominiums, showcases tremendous space and light. Completely renovated in 2023, this stylish kitchen features granite countertops, stainless steel appliances and timeless white shaker cabinetry. Offering 650 square feet of thoughtfully designed living space and an open floor plan, this home features an efficient layout with no wasted space, hardwood floors, generous sized rooms, and plentiful storage. Convenient entry from expansive rear lot, where parking is ample. Residents enjoy an in-ground swimming pool, in-building laundry, easy access to public transportation, and major routes, and the conveniences of Cummings Park, and the new Woburn Village, a modern open air retail and dining venue. Welcome home to fantastic space that embodies a convenient lifestyle!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$310,000
Annual Taxes$2,412
HOA Fee$485

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood, Tile, Vinyl
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
Roof--
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl Second

Flooring - Hardwood, Open Floorplan

Dining Room
Lvl Second

Closet, Flooring - Stone/Ceramic Tile, Open Floorplan, Lighting - Pendant

Kitchen
Lvl Second

Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan

Master Bedroom
Lvl Second

Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Listing Provided By

Listing Agent: Karen Butt

Listing Office: Compass

MLS® Number: 73575725