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Burlington 01803 Wynnmere
2 Richardson Rd
$555,000
● House - Off Market

2 Richardson Rd

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,640 Ft²
$732,089
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Excellent location and well maintained, this multi level home is move-in ready! The kitchen complete with stainless appliances, eat-in dining, and access to the back yard deck; perfect for barbequeing and stay-at-home summer evenings. Beautiful 3rd level bathroom just updated in 2020. Hardwood flooring throughout the living room and master bedroom. The two smaller bedrooms have built in bureaus, adding to the charm. Come winter, you will be thankful for your one car garage. Heating system from 2009. Roof replaced in 2015. Convenient to local shopping, restaurants, and Overlook Park which hosts your local playground! You won't want to miss it!  Showings begin Saturday 7/18 by appointment. Open House Saturday 7/18 3:30-5:00 and Sunday 7/19 1:30-3:00. Any and all offers due by 12noon 7/20/20
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$341
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72692422)

Price History

Date / Event Date Event Price
Sep 8, 2020 Sold
Premium
Sold
Jul 16, 2020 Listed by J. Barrett & Company $559,900
Listed by J. Barrett & Company
Jun 29, 2016 Sold
Premium
Sold
May 5, 2016 Listed by J. Barrett & Company $429,000
Listed by J. Barrett & Company
Jun 19, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 1,040
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,436
  • Total Building Area: 1,246
  • Gross Building Area: 2,445
  • Building Area: 1,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • 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: 332201

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000043 P:000016
  • Municipality: BURLINGTON
  • Latitude: 42.491
  • Longitude: -71.177

    Address

  • Full Address: 2 Richardson Rd
  • Address - House Number: 2
  • Address - Street Name: Richardson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C016
  • 4-Digit Zip Code: 4805
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $534,000

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 717,916
  • High Value: 832,688
  • Low Value: 603,145

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,300
  • Assessed Land Value: $353,700
  • Assessed Improvements Value: $243,600

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 156672
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Amount: $439,000
  • Previous Sale Document Type: O
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 Wynnmere

Stats & Trends

Median Asking:

$844,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2191 ft²

Average Home Age

50.8 years

Currently For Sale

6 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

$2,330 /mo

  • Studio
  • 1 Bath
  • 546 ft²
20 Corporate Drive #S1B, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,420 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
2 Littles Brook Court #Dover, 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# 72692422

Frequently Asked Questions

When was property at 2 Richardson Road built and last sold?
The property at 2 Richardson Road was built in 1964 and last sold on Aug 31, 2020 for $555,000.
How much is this home worth?
The estimated value of the home located at 2 Richardson Road is $567,774.
What are some comparable homes to 2 Richardson Road?
There are currently no comparable homes to 2 Richardson Road.
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