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4 Days on market
345 Place Ln #345 Woburn — Photo 1 of 38

345 Place Ln #345 Woburn — Photo 1 of 38

$594,900

Investment Analysis — 345 Place Ln #345

Woburn, MA 01801

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01801 carries an estimated $3,150/mo in gross rent — about a 2.92% cap rate and $17,368/yr in estimated NOI at the $594,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,400

Style

Condominium

Built

1986

Place Lane Condominiums. This 2-bedroom, 2 bath unit has been tastefully remodeled completely. Cabinet packed kitchen with ss appliances and quartz countertops. Formal dining room, living room has a slider to the private balcony, Master bedroom has a master bath and walk-in closet with a pocket door. 2nd bedroom has large closet. 2nd bath has a stall shower with glass doors Laundry/utility room has a pocket door and a cabinet for laundry items. Tile floors thru-out, recessed lighting and updated light fixtures. There is a separate deeded one car garage listed for $75,000. (garage condo fee is $57.00 /mo.) Furniture can be purchased as a package deal. Open House Friday 4:30-5:30, Saturday 1- 2:30 and Sunday 2:00-4pm

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 MLS and other third-party data may be inaccurate or out of date.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$594,900
Annual Taxes$4,052
HOA Fee$609

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofTar/Gravel, Rubber
Foundation--
ZoningR-1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Second
Bedroom 2
Living Room
Lvl Third

11 x 15

Flooring - Stone/Ceramic Tile, Balcony - Exterior, Recessed Lighting, Remodeled, Slider

Dining Room
Lvl Third

9 x 10

Flooring - Stone/Ceramic Tile, Remodeled

Kitchen
Lvl Third

9 x 14

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled

Primary Bedroom
Lvl Third

11 x 15

Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled

Bedroom 2
Lvl Second

11 x 14

Bathroom 1
Lvl Third

5 x 8

Bathroom - Full, Flooring - Stone/Ceramic Tile, Remodeled, Pocket Door

Bathroom 2
Lvl Third

5 x 8

Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Remodeled, Pocket Door

Listing Provided By

Listing Agent: Patricia Marsh

Listing Office: Realty Executives Marsh & Associates

MLS® Number: 73578524