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Burlington 01803 Havenville
2 Chestnut Rd
$540,000
● House - Off Market

2 Chestnut Rd

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$747,416
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

THIS IS IT! This is the charming Cape style home you've been waiting for, located on a quiet dead-end road! This adorable home will impress you with its many tasteful updates - a renovated kitchen with new gas appliances, a brand new bathroom (2017), brand new upstairs carpet, and three generously sized bedrooms with plenty of closet space. As the second family to ever live in this home, this house exudes pride of ownership throughout. Have fun entertaining in the family room with its distinctive brick fireplace and large bay window. This home boasts a highly desired central Burlington location, minutes to the bus stop, coffee shops and restaurants and it is steps from a quaint neighborhood park.  Welcome home to 2 Chestnut Road!
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$354
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1970

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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 #72356741)

Price History

Date / Event Date Event Price
Aug 20, 2018 Sold
Premium
Sold
Jul 5, 2018 Listed by Chestnut Realty $504,900
Listed by Chestnut Realty
Dec 12, 2011 Sold
Premium
Sold
Sep 23, 2011 Listed by Chestnut Realty $348,900
Listed by Chestnut Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,897
  • Total Building Area: 1,428
  • Gross Building Area: 2,548
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000022 P:000119
  • Municipality: BURLINGTON
  • Latitude: 42.5125
  • Longitude: -71.2109

    Address

  • Full Address: 2 Chestnut Rd
  • Address - House Number: 2
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C027
  • 4-Digit Zip Code: 2402
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,300

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 718,147
  • High Value: 843,368
  • Low Value: 592,926

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,400
  • Assessed Land Value: $356,300
  • Assessed Improvements Value: $258,100

    Sales

  • Current Sale Recording Date: Aug 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127150
  • Previous Sale Recording Date: Dec 12, 2011
  • Previous Sale Amount: $347,000
  • Previous 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 Havenville

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3046 ft²

Average Home Age

31.8 years

Currently For Sale

12 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

$2,723 /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

$2,210 /mo

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72356741

Frequently Asked Questions

When was property at 2 Chestnut Road built and last sold?
The property at 2 Chestnut Road was built in 1970 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 2 Chestnut Road is $511,117.
What are some comparable homes to 2 Chestnut Road?
There are currently no comparable homes to 2 Chestnut Road.
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