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Burlington 01803 Wynnmere
16 Sylvester Rd
$470,000
● House - Off Market

16 Sylvester Rd

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,262 Ft²
$767,364
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Expanded CAPE with addition for finished guest suite/Bonus room above with bath and kitchenette/wet bar, slider to a balcony overlooking the backyard and potential for two car garage. Main floor offers living room with fireplace and large bow window, dining room with Atrium door to screened porch, large kitchen with mudroom , two bedroom and full bath. 2nd level offers master bedroom with bath, additional bedroom and loft area. Lower level is possible to be finished as in law, Rough bath. This home has great potential and needs TLC. Hardwood floors throughout. Fenced  corner yard. Easy access to highway, shopping and schools!
Unit Size
2,262 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$217
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1953

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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 #72129702)

Price History

Date / Event Date Event Price
Jun 14, 2017 Sold
Premium
Sold
Mar 10, 2017 Listed by RE/MAX Realty Experts $489,900
Listed by RE/MAX Realty Experts
Oct 15, 2003 Sold
Premium
Sold
Jun 30, 2003 Listed by RE/MAX Realty Experts $399,000
Listed by RE/MAX Realty Experts

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,128
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Total Building Area: 2,262
  • Gross Building Area: 4,724
  • Building Area: 2,262
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 332201

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000037 P:000111
  • Municipality: BURLINGTON
  • Latitude: 42.4956
  • Longitude: -71.1746

    Address

  • Full Address: 16 Sylvester Rd
  • Address - House Number: 16
  • Address - Street Name: Sylvester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C034
  • 4-Digit Zip Code: 4322
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,500

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 816,877
  • High Value: 959,456
  • Low Value: 674,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,800
  • Assessed Land Value: $344,000
  • Assessed Improvements Value: $337,800

    Sales

  • Current Sale Recording Date: Jun 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89115
  • Previous Sale Recording Date: Oct 15, 2003
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Wynnmere

Stats & Trends

Median Asking:

$844,900

Sale Price/ft²

$437

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2602 ft²

Average Home Age

44.3 years

Currently For Sale

4 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 2 Littles Brook Court, Burlington, MA, 01803

$2,685 /mo

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

$3,730 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
20 Corporate Drive #C2DHS, 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# 72129702

Frequently Asked Questions

When was property at 16 Sylvester Road built and last sold?
The property at 16 Sylvester Road was built in 1953 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 16 Sylvester Road is $512,448.
What are some comparable homes to 16 Sylvester Road?
There are currently no comparable homes to 16 Sylvester Road.
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