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Middlesex
3 Burning Tree Ln
$450,000
● House - Off Market

3 Burning Tree Ln

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,136 Ft²
$674,191
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Move right in to this loving cared for Chelmsford Ranch!  This 4 bedroom, 2 1/2 bath home offers a spacious updated kitchen with stainless appliances, dining area with slider access to a beautiful sun room, spacious living room with gas fireplace.  The main level also consists of 3 bedrooms including a master with half bath, and an additional full bathroom.  The full finished basement is accessible from the main level or through the one car garage and provides a multitude of potential uses.  It includes a 4th bedroom, 3/4 bath, family room, laundry area and a bonus area.  Many updates over the past 10 years include new kitchen, windows, heating system, central AC, flooring, hot water tank.
Unit Size
2,136 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$215
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1970

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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 #72536759)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by Coldwell Banker Residential Brokerage - Chelmsford $460,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford
May 15, 1984 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 40,698
  • Total Building Area: 1,272
  • Gross Building Area: 2,769
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000934
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chelmsford School District
  • School Tax School District: CHELMSFORD SD
  • Census Tract: 317103

Geography

  • Account Number: 11211
  • Parcel: CHEL M:0110 B:0429 L:1
  • Block: 429
  • Lot: 1
  • Municipality: CHELMSFORD
  • Latitude: 42.5795
  • Longitude: -71.3657

    Address

  • Full Address: 3 Burning Tree Ln
  • Address - House Number: 3
  • Address - Street Name: Burning Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C001
  • 4-Digit Zip Code: 4501
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $803,300

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 645,532
  • High Value: 761,230
  • Low Value: 529,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,000
  • Assessed Land Value: $372,400
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39554
  • Previous Sale Recording Date: May 15, 1984
  • Previous Sale Amount: $64,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72536759

Frequently Asked Questions

When was property at 3 Burning Tree Lane built and last sold?
The property at 3 Burning Tree Lane was built in 1970 and last sold on Sep 16, 2019 for $460,000.
How much is this home worth?
The estimated value of the home located at 3 Burning Tree Lane is $489,214.
What are some comparable homes to 3 Burning Tree Lane?
There are currently no comparable homes to 3 Burning Tree Lane.
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