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Burlington 01803 Burlington Town Center
23 Cresthaven Dr
$549,900
● House - Off Market

23 Cresthaven Dr

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,674 Ft²
$590,536
RealtyHop Estimate
7.39%
Since Feb 1, 2023
MA-Boston
Primary Model

About This Property

ESTATE SALE. Situated on a quiet treelined street is this charming 7-room Ranch offering 3 bedrooms, 1.5 baths, and ample living space with a spacious eat-in kitchen, large living room, dining room, and family room all perfect for entertaining. This is a great starter home or you can have your dream home built on the level 26,000 sqft lot with 100' of frontage (see listing disclosures). Utilities include a new electric hot water tank (replaced 11/22), and an HVAC unit by oil with a central AC system under one zone. The property offers a Generac whole-house generator with propane, electric baseboard located in the family room. The storage sheds in the yard will need repairs.
Unit Size
1,674 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$328
Property Type
House
Property Taxes
$395
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 #73063019)

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold
Premium
Sold
Dec 11, 2022 In contract -
In contract
Dec 5, 2022 Listed by Century 21 North East $549,900
Listed by Century 21 North East

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,001
  • Total Building Area: 1,674
  • Gross Building Area: 1,698
  • Building Area: 1,674
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,674
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000597
  • 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: 332100

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000017 P:000229
  • Municipality: BURLINGTON
  • Latitude: 42.5136
  • Longitude: -71.1962

    Address

  • Full Address: 23 Cresthaven Dr
  • Address - House Number: 23
  • Address - Street Name: Cresthaven
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Burlington
  • Carrier Code: C012
  • 4-Digit Zip Code: 2109
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $512,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 668,599
  • High Value: 785,776
  • Low Value: 551,422

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,900
  • Assessed Land Value: $404,400
  • Assessed Improvements Value: $168,500

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10044
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:

$835,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

48

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# 73063019

Frequently Asked Questions

When was property at 23 Cresthaven Drive built and last sold?
The property at 23 Cresthaven Drive was built in 1956 and last sold on Jan 27, 2023 for $549,900.
How much is this home worth?
The estimated value of the home located at 23 Cresthaven Drive is $564,130.
What are some comparable homes to 23 Cresthaven Drive?
There are currently no comparable homes to 23 Cresthaven Drive.
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