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Burlington 01803 North Burlington
2 Laurie Ln
$489,900
● House - Off Market

2 Laurie Ln

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,350 Ft²
$700,874
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Sprawling 58' expanded Ranch in a wonderful neighborhood convenient to public transportation, town center and more yet nestled on a quiet side street. This 3-4 bedroom, 2 bath home offers a wonderful 1st floor family room addition & formal dining addition, hardwood flooring, replacement windows, 200 AMP electrical, vinyl siding, newer roof, circular driveway, lots of storage space and much more. This super versatile home is well suited for everyone from first-time buyers to empty-nesters. A great opportunity to live in an excellent neighborhood at an affordable price.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$208
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1962

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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: 6 months ago (MLSPIN #72516126)

Price History

Date / Event Date Event Price
Aug 15, 2019 Sold
Premium
Sold
Jun 10, 2019 Listed by Paul Conti Real Estate $489,900
Listed by Paul Conti Real Estate
Dec 1, 2009 Sold
Premium
Sold
Oct 2, 2009 Listed by Paul Conti Real Estate $359,900
Listed by Paul Conti Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,500
  • Gross Building Area: 2,460
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 332100

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000012 P:000029
  • Municipality: BURLINGTON
  • Latitude: 42.5199
  • Longitude: -71.2016

    Address

  • Full Address: 2 Laurie Ln
  • Address - House Number: 2
  • Address - Street Name: Laurie
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C025
  • 4-Digit Zip Code: 1724
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $541,600

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 690,732
  • High Value: 814,599
  • Low Value: 566,865

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,800
  • Assessed Land Value: $403,000
  • Assessed Improvements Value: $202,800

    Sales

  • Current Sale Contract Date: Aug 08, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1820868
  • Previous Sale Recording Date: Dec 01, 2009
  • Previous Sale Amount: $349,500
  • Previous Sale Document Type: 48
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:

$899,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

54

Average Home Size

3758 ft²

Average Home Age

59.5 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 72516126

Frequently Asked Questions

When was property at 2 Laurie Lane built and last sold?
The property at 2 Laurie Lane was built in 1962 and last sold on Aug 8, 2019 for $485,000.
How much is this home worth?
The estimated value of the home located at 2 Laurie Lane is $514,112.
What are some comparable homes to 2 Laurie Lane?
There are currently no comparable homes to 2 Laurie Lane.
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