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Burlington 01803 Burlington Town Center
20 Marrett Rd.
$800,000
● House - Off Market

20 Marrett Rd.

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,092 Ft²
$830,979
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Back on the market and shows better than ever !  Location, location, location!  Well maintained , 50'  split entry home in sought after mall side neighborhood !  This one owner and lovingly cared for home features  CAIR, newer double door front entry, partial brick driveway, newer roof, hot water heater, updated interior wood railings with oak trim, gleaming refinished hardwood floors, beautiful eat-in kitchen with tile backsplash, 1st floor laundry, private back yard, and so much more ! The lower level features a huge, open concept, front to back family room with brick fireplace, exercise area, tiled half bath, a home office w/ separate entrance and great in-law potential , best location in town!  Come see for yourself !
Unit Size
2,092 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$392
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1972

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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 #72963360)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by ERA Key Realty Services $820,000
Listed by ERA Key Realty Services

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,843
  • Total Building Area: 2,092
  • Gross Building Area: 2,600
  • Building Area: 2,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,092
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • 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: 332401

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000034 P:000148
  • Municipality: BURLINGTON
  • Latitude: 42.4977
  • Longitude: -71.2063

    Address

  • Full Address: 20 Marrett Rd
  • Address - House Number: 20
  • Address - Street Name: Marrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C007
  • 4-Digit Zip Code: 4007
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,400

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 834,091
  • High Value: 1,016,935
  • Low Value: 651,247

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,200
  • Assessed Land Value: $420,200
  • Assessed Improvements Value: $304,000

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82286
  • Previous Sale Recording Date: Dec 21, 2012
  • Previous Sale Document Type: 27
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 20 Corporate Drive, Burlington, MA, 01803

$3,870 /mo

  • 3 Beds
  • 2 Baths
  • 1,297 ft²
20 Corporate Drive #C2CS, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 615 ft²
2 Littles Brook Court #Harvard, 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# 72963360

Frequently Asked Questions

When was property at 20 Marrett Road built and last sold?
The property at 20 Marrett Road was built in 1972 and last sold on May 31, 2022 for $800,000.
How much is this home worth?
The estimated value of the home located at 20 Marrett Road is $827,897.
What are some comparable homes to 20 Marrett Road?
There are currently no comparable homes to 20 Marrett Road.
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