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Burlington 01803 Burlington Town Center
2 Robin Rd
$400,000
● House - Off Market

2 Robin Rd

Burlington, MA 01803
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,038 Ft²
$621,862
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Unique opportunity to own a starter home or investment property in desirable Burlington.  Review by structural engineer indicates that a second story may be added. This home is being sold "as-is" with buyer responsible for performing all due diligence. The home sits on a wooded corner lot which is one of the larger lots in the quiet neighborhood. The property is located within a quick stroll to trails along Mill Pond Reservoir and has convenient access to Route 128 and area shopping venues. Finished walk-up attic provides additional, unheated living area.
Unit Size
1,038 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$413
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #72437614)

Price History

Date / Event Date Event Price
Mar 21, 2019 Sold
Premium
Sold
Jan 6, 2019 Listed by The Greene Realty Group $429,000
Listed by The Greene Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 575
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 1,386
  • Gross Building Area: 3,126
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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: 332202

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000025 P:000051
  • Municipality: BURLINGTON
  • Latitude: 42.5077
  • Longitude: -71.176

    Address

  • Full Address: 2 Robin Rd
  • Address - House Number: 2
  • Address - Street Name: Robin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C029
  • 4-Digit Zip Code: 3248
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $503,100

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 704,573
  • High Value: 827,427
  • Low Value: 581,719

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $562,800
  • Assessed Land Value: $382,200
  • Assessed Improvements Value: $180,600

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34745
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 Burlington Town Center

Stats & Trends

Median Asking:

$807,450

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3324 ft²

Average Home Age

40.2 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 2 Littles Brook Court, Burlington, MA, 01803

$3,490 /mo

  • 2 Beds
  • 2 Baths
  • 1,395 ft²
2 Littles Brook Court #Winchester with loft, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,605 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
20 Corporate Drive #C2DHS, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72437614

Frequently Asked Questions

When was property at 2 Robin Street built and last sold?
The property at 2 Robin Street was built in 1950 and last sold on Mar 1, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 2 Robin Street is $431,001.
What are some comparable homes to 2 Robin Street?
There are currently no comparable homes to 2 Robin Street.
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