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Burlington 01803 Burlington Town Center
11 Makechnie
$157,500
● House - Off Market

11 Makechnie

Burlington, MA 01803
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
9,208 Ft²
$710,435
RealtyHop Estimate
294.91%
Since Apr 1, 1998
MA-Boston
Primary Model

About This Property

GORGEOUS SETTING FOR THIS 5+ ROOM, 1AND ONE HALF BATH, CAPE. CIRCULAR DRIVEWAY. LOTS OF POTENTIAL FOR EXPANSION ON SECOND FLOOR. ROOF NEEDS TO BE REPLACED.  LOWER LEVEL FR, NO HEAT.
Unit Size
9,208 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$20
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
2000

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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 years ago (MLSPIN #30175521)

Price History

Date / Event Date Event Price
Mar 6, 1998 Sold
Premium
Sold
Jul 19, 1997 Listed by J. Mulkerin Realty $179,900
Listed by J. Mulkerin Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,844
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,229
  • Total Building Area: 6,459
  • Gross Building Area: 12,081
  • Building Area: 6,459
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 6,459
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000786
  • 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:000024 P:000098
  • Municipality: BURLINGTON
  • Latitude: 42.5108
  • Longitude: -71.1841

    Address

  • Full Address: 11 Makechnie Rd
  • Address - House Number: 11
  • Address - Street Name: Makechnie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1831
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,548,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,066,454
  • High Value: 2,402,450
  • Low Value: 1,730,458

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,731,500
  • Assessed Land Value: $423,300
  • Assessed Improvements Value: $1,308,200

    Sales

  • Current Sale Recording Date: Mar 06, 1998
  • Current Sale Price:
    Premium
  • Current 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:

$815,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3019 ft²

Average Home Age

47.5 years

Currently For Sale

15 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

$2,858 /mo

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

$2,705 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30175521

Frequently Asked Questions

When was property at 11 Makechnie Road built and last sold?
The property at 11 Makechnie Road was built in 2000 and last sold on Jan 1, 1970 for $157,500.
How much is this home worth?
The estimated value of the home located at 11 Makechnie Road is $0.
What are some comparable homes to 11 Makechnie Road?
There are currently no comparable homes to 11 Makechnie Road.
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