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Burlington 01803 Havenville
2 Morrison Rd
$450,000
● House - Off Market

2 Morrison Rd

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,014 Ft²
$823,103
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Awesome space in this charming colonial!  Some sweat equity will get you an amazing home!! First floor has a mudroom that enters into an eat-in kitchen. Bright living room, updated full bath, dining room, office and family room round out this level.  4 Large bedrooms with hardwood flooring and full bath on 2nd floor. The basement is massive and offers tons of storage. Restore this level lot to make it your own. You'll love the private piece of land and prime location. Don't miss out on this opportunity to live in a quiet beautiful neighborhood in Burlington. Close to the Mall, 3rd Avenue, shopping and route 3.
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$233
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1955

Payment Calculator

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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 #71888649)

Price History

Date / Event Date Event Price
Nov 3, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by LAER Realty Partners $469,900
Listed by LAER Realty Partners

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,301
  • Total Building Area: 2,014
  • Gross Building Area: 3,166
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • 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:000015 P:000157
  • Municipality: BURLINGTON
  • Latitude: 42.5167
  • Longitude: -71.2239

    Address

  • Full Address: 2 Morrison Rd
  • Address - House Number: 2
  • Address - Street Name: Morrison
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C004
  • 4-Digit Zip Code: 1911
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,800

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 769,964
  • High Value: 904,355
  • Low Value: 635,573

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $641,800
  • Assessed Land Value: $372,700
  • Assessed Improvements Value: $269,100

    Sales

  • Current Sale Recording Date: Nov 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 187221
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

2956 ft²

Average Home Age

35.2 years

Currently For Sale

13 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

$3,405 /mo

  • 2 Beds
  • 2 Baths
  • 1,135 ft²
20 Corporate Drive #B2B, 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# 71888649

Frequently Asked Questions

When was property at 2 Morrison Road built and last sold?
The property at 2 Morrison Road was built in 1955 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 2 Morrison Road is $491,109.
What are some comparable homes to 2 Morrison Road?
There are currently no comparable homes to 2 Morrison Road.
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