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Burlington 01803 North Burlington
24 Phillip Ave.
$533,000
● House - Off Market

24 Phillip Ave.

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$1,056,789
RealtyHop Estimate
92.18%
Since May 1, 2004
MA-Boston
Primary Model

About This Property

Beautiful completely remodeled Colonial, 4 bedrooms, 2 new full baths, new oak kitchen w/granite countertops and stainless steele appliances, hardwood floors throughout and refinished, first floor family room addition, front to back livingroom w/fireplace, covered deck overlooks private yard.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$275
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1962

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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: 6 months ago (MLSPIN #70004271)

Price History

Date / Event Date Event Price
May 6, 2004 Sold
Premium
Sold
Mar 9, 2004 Listed by Prudential Suburban Realtors $549,900
Listed by Prudential Suburban Realtors
Jun 3, 2003 Sold
Premium
Sold
Apr 30, 2003 Listed by Prudential Suburban Realtors $350,000
Listed by Prudential Suburban Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,515
  • Total Building Area: 2,058
  • Gross Building Area: 3,708
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000609
  • 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:000005 P:000178
  • Municipality: BURLINGTON
  • Latitude: 42.5316
  • Longitude: -71.1983

    Address

  • Full Address: 24 Phillip Ave
  • Address - House Number: 24
  • Address - Street Name: Phillip
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Burlington
  • Carrier Code: C010
  • 4-Digit Zip Code: 1133
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $659,200

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 897,996
  • High Value: 1,055,929
  • Low Value: 740,062

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $737,400
  • Assessed Land Value: $404,500
  • Assessed Improvements Value: $332,900

    Sales

  • Current Sale Recording Date: May 06, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1325949
  • Previous Sale Recording Date: Jun 03, 2003
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 48
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:

$894,500

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

53

Average Home Size

3758 ft²

Average Home Age

59.5 years

Currently For Sale

8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70004271

Frequently Asked Questions

When was property at 24 Phillip Avenue built and last sold?
The property at 24 Phillip Avenue was built in 1962 and last sold on Jan 1, 1970 for $533,000.
How much is this home worth?
The estimated value of the home located at 24 Phillip Avenue is $559,711.
What are some comparable homes to 24 Phillip Avenue?
There are currently no comparable homes to 24 Phillip Avenue.
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