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Burlington 01803 North Burlington
2 Phillip Avenue
$240,000
● House - Off Market

2 Phillip Avenue

Burlington, MA 01803
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$1,131,779
RealtyHop Estimate
352.89%
Since Oct 1, 1995
MA-Boston
Primary Model

About This Property

4-5 BR GARISON COLONIAL IN FOXHILL FEATURES 4 YR OLD KITCHEN, ADD. W/FAMILYROOM, BEDROOM, FULL BATH AND 3 SEASON PORCH. HARDWOOD FLOORS, FIREPLACED LIVINGROOM, 1ST FLOOR LAUNDRY AND ALL GAS UTILS. 1/2 ACRE YARD IN FAMILY AREA.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1963

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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 #30045402)

Price History

Date / Event Date Event Price
Sep 28, 1995 Sold
Premium
Sold
May 8, 1995 Listed by Prudential Suburban Realtors $249,900
Listed by Prudential Suburban Realtors

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 16
  • 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: 800
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 21,175
  • Total Building Area: 2,257
  • Gross Building Area: 3,963
  • Building Area: 2,257
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,257
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000486
  • 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:000005 P:000106
  • Municipality: BURLINGTON
  • Latitude: 42.5327
  • Longitude: -71.2027

    Address

  • Full Address: 2 Phillip Ave
  • Address - House Number: 2
  • Address - Street Name: Phillip
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Burlington
  • Carrier Code: C010
  • 4-Digit Zip Code: 1110
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,000

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 927,120
  • High Value: 1,089,093
  • Low Value: 765,148

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $804,200
  • Assessed Land Value: $403,300
  • Assessed Improvements Value: $400,900

    Sales

  • Current Sale Recording Date: Sep 28, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 43
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30045402

Frequently Asked Questions

When was property at 2 Phillip Avenue built and last sold?
The property at 2 Phillip Avenue was built in 1963 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 2 Phillip Avenue is $252,399.
What are some comparable homes to 2 Phillip Avenue?
There are currently no comparable homes to 2 Phillip Avenue.
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