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Burlington 01803 North Burlington
1 Leroy Drive
$468,950
● House - Off Market

1 Leroy Drive

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$825,851
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Here's the one you've been waiting for in Burlington!  Far from your typical ranch style home!  Featuring an updated and fully applianced eat in kitchen, a formal dining room, fireplaced living room and expansive first floor family room - 3 bedrooms & 2 baths!  Finished lower level for even more space!  Many updates!  Open House on both Saturday and Sunday from 2 to 4 pm.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$326
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #71858109)

Price History

Date / Event Date Event Price
Sep 15, 2015 Sold
Premium
Sold
Jun 16, 2015 Listed by RE/MAX Andrew Realty Services $474,900
Listed by RE/MAX Andrew Realty Services

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,044
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,456
  • Gross Building Area: 3,094
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 332100

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000011 P:000076
  • Municipality: BURLINGTON
  • Latitude: 42.523
  • Longitude: -71.2162

    Address

  • Full Address: 1 Leroy Dr
  • Address - House Number: 1
  • Address - Street Name: Leroy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Burlington
  • Carrier Code: C025
  • 4-Digit Zip Code: 1612
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,300

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 710,457
  • High Value: 834,337
  • Low Value: 586,577

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,800
  • Assessed Land Value: $382,900
  • Assessed Improvements Value: $215,900

    Sales

  • Current Sale Recording Date: Sep 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 156756
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 North Burlington

Stats & Trends

Median Asking:

$894,500

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3417 ft²

Average Home Age

54 years

Currently For Sale

12 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, 01801

$3,275 /mo

  • 2 Beds
  • 2 Baths
  • 1,230 ft²
20 Corporate Drive #B2CS, Burlington, MA, 01801 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71858109

Frequently Asked Questions

When was property at 1 Leroy Drive built and last sold?
The property at 1 Leroy Drive was built in 1959 and last sold on Jan 1, 1970 for $468,950.
How much is this home worth?
The estimated value of the home located at 1 Leroy Drive is $487,395.
What are some comparable homes to 1 Leroy Drive?
There are currently no comparable homes to 1 Leroy Drive.
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