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Burlington 01803 North Burlington
2 Mullberry Lane
$815,000
● House - Off Market

2 Mullberry Lane

Burlington, MA 01803
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,238 Ft²
$1,628,783
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Magazine Quality Personal Residence of one of the North Shore Area's Finest Luxury Custom Home Builders ~ GORGEOUS, NEWER  4000 SQUARE FOOT EXPANDED CAPE STYLE WITH FIRST FLOOR MASTER SUITE. It's perfect!!   A Spectacular Blend of Elegant Style and Practical Function, and Loaded with Upgrades. Second Master/In-Law Suite Possible. Fantastic Commuter location, easy access to both Routes, 95 and 93.  Excellent Potential for In Ground Pool. Huge, Level Yard Perfect for Summer Fun and Entertaining!!
Unit Size
4,238 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$203
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
2007

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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 years ago (MLSPIN #71536539)

Price History

Date / Event Date Event Price
Aug 28, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Keller Williams Realty-Merrimack $859,900
Listed by Keller Williams Realty-Merrimack

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,980
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,290
  • Total Building Area: 3,663
  • Gross Building Area: 7,240
  • Building Area: 3,663
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND BURLINGTON PREPARED JOHN
  • Land Acres: 0000000466
  • 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:000014 P:0021-1
  • Municipality: BURLINGTON
  • Latitude: 42.5223
  • Longitude: -71.1787

    Address

  • Full Address: 2 Mulberry Ln
  • Address - House Number: 2
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1554
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,025,800

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,440,517
  • High Value: 1,693,865
  • Low Value: 1,187,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,147,400
  • Assessed Land Value: $420,100
  • Assessed Improvements Value: $727,300

    Sales

  • Current Sale Recording Date: Aug 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000018
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

$399

Above Asking

0.00%

Average Days on Market

51

Average Home Size

3680 ft²

Average Home Age

47.8 years

Currently For Sale

16 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

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,297 ft²
20 Corporate Drive #C2CS, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71536539

Frequently Asked Questions

When was property at 2 Mullberry Lane built and last sold?
The property at 2 Mullberry Lane was built in 2007 and last sold on Jan 1, 1970 for $815,000.
How much is this home worth?
The estimated value of the home located at 2 Mullberry Lane is $0.
What are some comparable homes to 2 Mullberry Lane?
There are currently no comparable homes to 2 Mullberry Lane.
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