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Essex
29 Burnside Lane
Photo of 29 Burnside Lane
Sold on Nov 30, 2005

1

Map

$410,000
● House - Off Market

29 Burnside Lane

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,181 Ft²
$741,530
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

**CALLING ALL OFFERS** THE PRICE IS RIGHT!! Family Friendly Neighborhood, Great Commuter Location and more! Merrimac Colonial offering 7 Rooms, 3 Large Bedrooms & 2.5 Baths. Open Floor plan, Hardwood Flrs & Fireplaced Familyroom. Master Bedroom w/walk-in closet & private full bath. Impressive Granite Walkway Entry, 2 Car Under Garage and Awesome Yard for Summer Fun. Town Water & Sewer, Pentucket Schools and 7 Zone Irrigation System just add to the amenities! SELLER SAYS MAKE AN OFFER!
Unit Size
2,181 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$197
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1993

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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 #70212949)

Price History

Date / Event Date Event Price
Mar 25, 2011 Sold
Premium
Sold
Sep 3, 2010 Listed $379,000
Listed
Nov 30, 2005 Sold
Premium
Sold
Jun 20, 2005 Listed $429,900
Listed

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 962
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,924
  • Gross Building Area: 3,518
  • Building Area: 1,924
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: NORTH VLY ESTATES
  • Land Acres: 0000000459
  • Standard Land Use Code: 9101
  • County Land Use Code: 960

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 262100

Zoning

  • Zoning: SR

Geography

  • District: 180
  • Parcel: MERR M:0052 B:0001 L:017-A
  • Block: 1
  • Lot: 17-A
  • Municipality: MERRIMAC
  • Latitude: 42.8368
  • Longitude: -70.9782

    Address

  • Full Address: 29 Burnside Ln
  • Address - House Number: 29
  • Address - Street Name: Burnside
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C002
  • 4-Digit Zip Code: 2106
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,000
  • Assessed Land Value: $301,400
  • Assessed Improvements Value: $302,600

    Sales

  • Current Sale Recording Date: Mar 25, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 30, 2005
  • Previous Sale Amount: $410,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70212949

Frequently Asked Questions

When was property at 29 Burnside Lane built and last sold?
The property at 29 Burnside Lane was built in 1993 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 29 Burnside Lane is $412,941.
What are some comparable homes to 29 Burnside Lane?
There are currently no comparable homes to 29 Burnside Lane.
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