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Burlington 01803 Burlington Town Center
16 Dearborn Rd
$430,000
● House - Off Market

16 Dearborn Rd

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,748 Ft²
$739,906
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Well maintained and move-in ready home on a quiet, dead end street within walking distance to town common, library, and bus to Boston.  Home features 3 large bedrooms, den that could be used as a 4th bedroom, living room with working fire place, and eat-in kitchen that leads to a 3 season porch.  Nice and level back yard is partially fenced-in and has a screened in porch and storage shed. Updates include 2 year old roof and newer vinyl replacement windows.  Convenient location with easy access to shopping, restaurants, and all major highways.
Unit Size
1,748 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$243
Property Type
House
Property Taxes
$342
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 #71833760)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold
Premium
Sold
Jun 26, 2015 Sold
Premium
Sold
May 11, 2015 Listed by EXIT Premier Real Estate $424,900
Listed by EXIT Premier Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 999
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,101
  • Total Building Area: 1,748
  • Gross Building Area: 3,320
  • Building Area: 1,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,748
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • 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:000023 P:000243
  • Municipality: BURLINGTON
  • Latitude: 42.5084
  • Longitude: -71.1949

    Address

  • Full Address: 16 Dearborn Rd
  • Address - House Number: 16
  • Address - Street Name: Dearborn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C034
  • 4-Digit Zip Code: 3017
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $536,600

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 737,838
  • High Value: 866,621
  • Low Value: 609,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,200
  • Assessed Land Value: $370,200
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143975
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Amount: $430,000
  • 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 Burlington Town Center

Stats & Trends

Median Asking:

$807,450

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3324 ft²

Average Home Age

40.2 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

$2,798 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
20 Corporate Drive #A1B, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,080 /mo

  • 1 Bed
  • 1 Bath
  • 1,058 ft²
2 Littles Brook Court #Concord, Burlington, MA, 01803 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# 71833760

Frequently Asked Questions

When was property at 16 Dearborn Road built and last sold?
The property at 16 Dearborn Road was built in 1959 and last sold on Dec 18, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 16 Dearborn Road is $443,520.
What are some comparable homes to 16 Dearborn Road?
There are currently no comparable homes to 16 Dearborn Road.
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