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Burlington 01803 Burlington Town Center
22 Sunset Dr
$635,000
● House - Off Market

22 Sunset Dr

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,011 Ft²
$609,537
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

Do not miss this one-owner gem that has been lovingly maintained by its original owner for 68 years. This classic forty' Ranch is sited on a beautiful, oversized corner lot on a quiet side street just steps from public transportation, one to two-minute drive to rte. 128, Lahey Health, Burlington Mall, and The District and Third Ave where you will find fine dining, Wegmans shops & more. This 3-bedroom home features hardwood flooring, thermal pane windows, a new oil tank, 100 AMP electrical, irrigation system & more. The lower level offers another 1,000 sq/ft. of potential living space. Approximately twenty-nine of the forty-six homeowners are originals or descendants of original owners. Do not miss this opportunity.
Unit Size
1,011 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$569
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #73072826)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Jan 31, 2023 In contract -
In contract
Jan 23, 2023 Listed by Paul Conti Real Estate $575,000
Listed by Paul Conti Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 987
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,479
  • Total Building Area: 987
  • Gross Building Area: 2,174
  • Building Area: 987
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 987
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000539
  • 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:000041 P:000117
  • Municipality: BURLINGTON
  • Latitude: 42.4924
  • Longitude: -71.1997

    Address

  • Full Address: 22 Sunset Dr
  • Address - House Number: 22
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Burlington
  • Carrier Code: C013
  • 4-Digit Zip Code: 4113
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $516,200

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 666,945
  • High Value: 783,281
  • Low Value: 550,610

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,400
  • Assessed Land Value: $392,800
  • Assessed Improvements Value: $184,600

    Sales

  • Current Sale Contract Date: Feb 06, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20493
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:

$842,000

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3329 ft²

Average Home Age

47 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 2 Littles Brook Court, Burlington, MA, 01803

$3,405 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
2 Littles Brook Court #Dover, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,922 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
20 Corporate Drive #C2DC, 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# 73072826

Frequently Asked Questions

When was property at 22 Sunset Drive built and last sold?
The property at 22 Sunset Drive was built in 1956 and last sold on Feb 6, 2023 for $635,000.
How much is this home worth?
The estimated value of the home located at 22 Sunset Drive is $578,838.
What are some comparable homes to 22 Sunset Drive?
There are currently no comparable homes to 22 Sunset Drive.
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