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Burlington 01803 Havenville
22 Lantern Lane
$575,000
● House - Off Market

22 Lantern Lane

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$1,008,250
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Finally - The home you've been waiting for.. One level living at its best on a beautiful landscaped level lot. Features open layout with all new  granite/ stainless steel cabinet kitchen, dining room with sliders to deck overlooking beautiful landscaped rear yard. Great size living room with lots of sun light. Generous size master bedroom with private full till bath. 3 other bedrooms all with ample closet space. Shiny newer hardwood floors through-out. Beautiful tile baths with cathedral ceilings. Partially finished lower level with laundry. Attached 1 car garage with lower level access. New 200 amp electric, all new plumbing, new doors along with new garage door and new exterior stone wall, walk way and new drive way.  Located in a desirable neighborhood close to all amenities, transportation etc. Will not last!!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$371
Property Type
House
Property Taxes
$304
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 #71817301)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Century 21 Advance Realty $635,000
Listed by Century 21 Advance Realty
Jun 19, 2015 Sold
Premium
Sold
Apr 14, 2015 Listed by Century 21 Advance Realty $579,000
Listed by Century 21 Advance Realty
Dec 2, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 1,176
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,736
  • Gross Building Area: 2,896
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,736
  • 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:000270
  • Municipality: BURLINGTON
  • Latitude: 42.5168
  • Longitude: -71.211

    Address

  • Full Address: 22 Lantern Ln
  • Address - House Number: 22
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2006
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,900

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 794,721
  • High Value: 933,294
  • Low Value: 656,148

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $668,800
  • Assessed Land Value: $357,000
  • Assessed Improvements Value: $311,800

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 177398
  • Previous Sale Recording Date: Jun 19, 2015
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$2,798 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
20 Corporate Drive #A1B, 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# 71817301

Frequently Asked Questions

When was property at 22 Lantern Lane built and last sold?
The property at 22 Lantern Lane was built in 1955 and last sold on Aug 6, 2021 for $732,000.
How much is this home worth?
The estimated value of the home located at 22 Lantern Lane is $648,517.
What are some comparable homes to 22 Lantern Lane?
There are currently no comparable homes to 22 Lantern Lane.
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