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Worcester
2 Burnap Lane
$460,000
● House - Off Market

2 Burnap Lane

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,389 Ft²
$2,779
Est. Monthly

About This Property

NEW PRICE! Welcome to this move-in ready Colonial home, built in 1989 and nestled in a commuter-friendly neighborhood. Boasting 3 bedrooms, 2 full baths, and hardwood floors throughout, this property offers both comfort and style. Park with ease in the two-car garage, and enjoy the peace of mind provided by the newer roof and vinyl siding. Recent updates include newer hardwood floors, enhancing the home's charm and appeal. Don't miss out on the opportunity to make this meticulously maintained home yours and partially finished lower level/ heated. Schedule a showing today and add your own final touches to make it truly perfect!
Unit Size
1,389 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$342
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1989

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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 #73224335)

Price History

Date / Event Date Event Price
Jun 6, 2024 Sold
Premium
Sold
May 2, 2024 Price Decreased $474,999
↓ $1 (0%)
Price Decreased
Apr 22, 2024 Price Increased $475,000
↑ $1 (0%)
Price Increased
Apr 16, 2024 Listed by Coldwell Banker Realty - Worcester $474,999
Listed by Coldwell Banker Realty - Worcester
Oct 28, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,515
  • Total Building Area: 1,389
  • Gross Building Area: 2,637
  • Building Area: 1,389
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,389
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736400

Geography

  • Account Number: 3041
  • District: 17
  • Parcel: AUBU M:0025 L:0082
  • Lot: 82
  • Municipality: AUBURN
  • Latitude: 42.2098
  • Longitude: -71.8294

    Address

  • Full Address: 2 Burnap Ln
  • Address - House Number: 2
  • Address - Street Name: Burnap
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Auburn
  • Carrier Code: C011
  • 4-Digit Zip Code: 4403
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,700

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 425,943
  • High Value: 507,188
  • Low Value: 344,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $358,800
  • Assessed Land Value: $104,100
  • Assessed Improvements Value: $254,700

    Sales

  • Current Sale Recording Date: Oct 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 196678
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73224335

Frequently Asked Questions

When was property at 2 Burnap Lane built and last sold?
The property at 2 Burnap Lane was built in 1989 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 2 Burnap Lane is $457,372.
What are some comparable homes to 2 Burnap Lane?
There are currently no comparable homes to 2 Burnap Lane.
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