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Burlington 01803 Havenville
1 Lantern Lane
$493,500
● House - Off Market

1 Lantern Lane

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,952 Ft²
$781,618
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

The big ticket items are done!!  2 zone furnace, central air, tankless Rinnai hot water heater, insulation and porch roof new in 2012.  New roof on main house, slider to composite deck and siding new in 2014.  Windows are thermopane.  The kitchen features SS appliances, cherry cabinets, a large breakfast peninsula and recessed lighting.  The deck overlooks the large fenced-in yard with electrified shed.  All baths are beautifully tiled.  Enjoy the beautiful stone fireplace in the lower level family room or the more formal fireplace in the living room.  Unusual features in this raised ranch include a bedroom with its own bath on the first level, a utility room for storage and a basement!  Please give some notice so dogs can be removed.
Unit Size
1,952 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$256
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72149326)

Price History

Date / Event Date Event Price
Jun 21, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by ERA Key Realty Services $499,000
Listed by ERA Key Realty Services
Jan 10, 2012 Sold
Premium
Sold
Aug 18, 2011 Listed by ERA Key Realty Services $319,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 960
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,402
  • Total Building Area: 1,952
  • Gross Building Area: 2,567
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000399
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Burlington School District
  • School Tax School District: BURLINGTON SD
  • Census Tract: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000016 P:000242
  • Municipality: BURLINGTON
  • Latitude: 42.5155
  • Longitude: -71.2069

    Address

  • Full Address: 1 Lantern Ln
  • Address - House Number: 1
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2005
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,200

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 776,883
  • High Value: 912,481
  • Low Value: 641,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,600
  • Assessed Land Value: $383,500
  • Assessed Improvements Value: $281,100

    Sales

  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94167
  • Previous Sale Recording Date: Jan 10, 2012
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: O
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 Havenville

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3106 ft²

Average Home Age

30.5 years

Currently For Sale

13 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 20 Corporate Drive, Burlington, MA, 01803

$3,922 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
20 Corporate Drive #C2DC, 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# 72149326

Frequently Asked Questions

When was property at 1 Lantern Lane built and last sold?
The property at 1 Lantern Lane was built in 1956 and last sold on Jan 1, 1970 for $493,500.
How much is this home worth?
The estimated value of the home located at 1 Lantern Lane is $511,324.
What are some comparable homes to 1 Lantern Lane?
There are currently no comparable homes to 1 Lantern Lane.
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