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Burlington 01803 North Burlington
23 Cutting Ln
$590,000
● House - Off Market

23 Cutting Ln

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,959 Ft²
$1,106,771
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model

About This Property

Amazing value...seller invested nearly 700k in this custom split level w/2 large additions inc a 23x16 master suite w/large bath w/jacuzzi & shower, access to new cust deck, 22x15 great rm addition w/ sky light & vaulted ceilings, open kitchen w/red birch & granite, Harvey replacement windows, hardwood flooring, workshop, storage area, central a/c, irrigation syst, prof. landscape, 20x40 in ground pool & more. Too many updates to list: see attached special feature sheet.
Unit Size
2,959 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$203
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71585548)

Price History

Date / Event Date Event Price
Mar 28, 2014 Sold
Premium
Sold
Sep 19, 2013 Listed by Paul Conti Real Estate $599,900
Listed by Paul Conti Real Estate
Jun 29, 2004 Sold
Premium
Sold
May 10, 2004 Listed by Paul Conti Real Estate $599,900
Listed by Paul Conti Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,468
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 21,218
  • Total Building Area: 2,959
  • Gross Building Area: 4,697
  • Building Area: 2,959
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,959
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUTTING LANE
  • Land Acres: 0000000487
  • 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:000012 P:0062-4
  • Municipality: BURLINGTON
  • Latitude: 42.5234
  • Longitude: -71.2041

    Address

  • Full Address: 23 Cutting Ln
  • Address - House Number: 23
  • Address - Street Name: Cutting
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C010
  • 4-Digit Zip Code: 1709
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $764,400

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,041,543
  • High Value: 1,224,722
  • Low Value: 858,363

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $855,000
  • Assessed Land Value: $403,300
  • Assessed Improvements Value: $451,700

    Sales

  • Current Sale Recording Date: Mar 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38537
  • Previous Sale Recording Date: Jun 29, 2004
  • Previous Sale Amount: $602,000
  • 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 North Burlington

Stats & Trends

Median Asking:

$884,950

Sale Price/ft²

$399

Above Asking

0.00%

Average Days on Market

51

Average Home Size

3680 ft²

Average Home Age

47.8 years

Currently For Sale

16 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

$3,730 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
20 Corporate Drive #C2DHS, 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# 71585548

Frequently Asked Questions

When was property at 23 Cutting Lane built and last sold?
The property at 23 Cutting Lane was built in 1976 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 23 Cutting Lane is $630,238.
What are some comparable homes to 23 Cutting Lane?
There are currently no comparable homes to 23 Cutting Lane.
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