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Burlington 01803 Havenville
21 Lantern Lane
Photo of 21 Lantern Lane
Sold on Aug 31, 2006

1

Map

$298,000
● House - Off Market

21 Lantern Lane

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath
square feet
888 Ft²
$562,632
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

Great opportunity for 1st time buyer! Terrific family neighborhood. Walking distance to public transportation. Nice deck, private wooded back yard. There is oil heat but there is gas in the house for cooking and hot water. Replacement windows. Updated kitchen. Heating system is approximately 10 years old.
Unit Size
888 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$349
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1955

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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 #70400493)

Price History

Date / Event Date Event Price
Jul 10, 2009 Sold
Premium
Sold
Aug 31, 2006 Sold
Premium
Sold
Jun 5, 2006 Listed $309,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,356
  • Gross Building Area: 2,417
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000016 P:000289
  • Municipality: BURLINGTON
  • Latitude: 42.5165
  • Longitude: -71.2111

    Address

  • Full Address: 21 Lantern Ln
  • Address - House Number: 21
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2005
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $537,000

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 725,563
  • High Value: 852,204
  • Low Value: 598,922

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,700
  • Assessed Land Value: $357,000
  • Assessed Improvements Value: $243,700

    Sales

  • Current Sale Recording Date: Jul 10, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00132635
  • Previous Sale Recording Date: Aug 31, 2006
  • Previous Sale Amount: $298,000
  • 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 Havenville

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3183 ft²

Average Home Age

28.2 years

Currently For Sale

12 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70400493

Frequently Asked Questions

When was property at 21 Lantern Lane built and last sold?
The property at 21 Lantern Lane was built in 1955 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 21 Lantern Lane is $319,478.
What are some comparable homes to 21 Lantern Lane?
There are currently no comparable homes to 21 Lantern Lane.
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