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Burlington 01803 North Burlington
197 Mill Street
$400,000
● House - Off Market

197 Mill Street

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,814 Ft²
$768,309
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Spacious multi-level home located in Fox Hill area. Features open first floor with eat in kitchen, large fireplaced living room, nice dining room. Move in condition with a  freshly painted interior and refinished hardwood floors. Three private bedrooms on the upper level all with hardwood floors. Great family room on the lower level with walk out access to gorgeous half acre lot. Perfect for entertaining!
Unit Size
1,814 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$231
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1964

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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 #71746398)

Price History

Date / Event Date Event Price
Nov 25, 2014 Sold
Premium
Sold
Sep 20, 2014 Listed by RE/MAX Encore $419,900
Listed by RE/MAX Encore

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 966
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,939
  • Total Building Area: 1,814
  • Gross Building Area: 2,658
  • Building Area: 1,814
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,814
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000481
  • 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:000013 P:000111
  • Municipality: BURLINGTON
  • Latitude: 42.5224
  • Longitude: -71.1839

    Address

  • Full Address: 197 Mill St
  • Address - House Number: 197
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Burlington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1844
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,300

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 800,204
  • High Value: 939,873
  • Low Value: 660,535

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,000
  • Assessed Land Value: $403,200
  • Assessed Improvements Value: $329,800

    Sales

  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 213177
  • Previous Sale Recording Date: Nov 25, 2014
  • Previous Sale Amount: $400,000
  • 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 North Burlington

Stats & Trends

Median Asking:

$884,950

Sale Price/ft²

$389

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3767 ft²

Average Home Age

53.1 years

Currently For Sale

10 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71746398

Frequently Asked Questions

When was property at 197 Mill Street built and last sold?
The property at 197 Mill Street was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 197 Mill Street is $440,057.
What are some comparable homes to 197 Mill Street?
There are currently no comparable homes to 197 Mill Street.
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