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Burlington 01803 Burlington Town Center
1 Travers Lane
$535,000
● House - Off Market

1 Travers Lane

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,795 Ft²
$922,209
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Highly Desirable Burlington Locale! Immaculate & spacious Garrison Colonial with private space on the lower level perfect for in-law/au pair! Featuring a modern kitchen with oak cabinetry, granite countertops, updated appliances, custom granite island, bamboo flooring, tile backsplash, recessed lights, hardwoods, large living area, formal dining room off kitchen, granite/tile baths, 4+ bedrooms, master with office space inlet, studio on lower level, full finished space/in-law/au pair suite w/private entrance & gas fireplace, young Buderus furnace, new roof 2 yrs ago, NO FEE solar panels, extra large deck, shed, level yard partially fenced, 6 car off-street parking and much more!  Walk to shops, restaurants and area amenities just around the corner! Easy access to public transportation and major Routes!
Unit Size
2,795 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$200
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1991

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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 #72048555)

Price History

Date / Event Date Event Price
Nov 4, 2016 Sold
Premium
Sold
Aug 4, 2016 Listed by Coldwell Banker Residential Brokerage - Lexington $559,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Nov 1, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,016
  • Total Building Area: 1,666
  • Gross Building Area: 2,795
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 332202

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000030 P:000019
  • Municipality: BURLINGTON
  • Latitude: 42.5031
  • Longitude: -71.1904

    Address

  • Full Address: 1 Travers Ln
  • Address - House Number: 1
  • Address - Street Name: Travers
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C030
  • 4-Digit Zip Code: 3055
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,700

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 839,096
  • High Value: 973,055
  • Low Value: 705,136

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $695,400
  • Assessed Land Value: $399,100
  • Assessed Improvements Value: $296,300

    Sales

  • Current Sale Recording Date: Nov 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 198416
  • Previous Sale Recording Date: Nov 01, 1991
  • Previous Sale Amount: $163,000
  • 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 Burlington Town Center

Stats & Trends

Median Asking:

$835,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3329 ft²

Average Home Age

47 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, 01803

$3,035 /mo

  • 1 Bed
  • 1 Bath
  • 852 ft²
20 Corporate Drive #A1CDES, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,505 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, 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# 72048555

Frequently Asked Questions

When was property at 1 Travers Lane built and last sold?
The property at 1 Travers Lane was built in 1991 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 1 Travers Lane is $586,452.
What are some comparable homes to 1 Travers Lane?
There are currently no comparable homes to 1 Travers Lane.
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