Welcome to this gorgeous custom ranch offering 10 spacious rooms, 3
bedrooms, 2.5 baths, and exceptional versatility in a fantastic
Burlington location. Thoughtfully designed for comfortable living
and entertaining, this bright and spacious home features an
inviting layout with plenty of room for everyone. A standout
feature is the flexible in-law or live-in quarters, offering an
ideal solution for extended family, guests, a home office, or those
seeking additional private living space. The possibilities are
endless! Car enthusiasts will appreciate the oversized 2-car heated
garage, providing generous space for vehicles, hobbies, storage, or
a workshop. It's a rare feature that combines practicality with
plenty of room to pursue your passions year-round. The main living
spaces are filled with natural light and offer a warm, welcoming
atmosphere. Step outside onto the oversized deck and enjoy peaceful
views of the private 20,000+ square foot lot-perfect for outdoor
dining, entertaining, gardening, or simply relaxing in your own
private setting. The sunroom adds another wonderful space to enjoy
the changing seasons while taking in the serene surroundings.
Recently painted and move-in ready, this home offers the
opportunity to settle in and make it your own from day one.
Location is truly exceptional! Enjoy the convenience of being
within walking distance to downtown Burlington's shops,
restaurants, and amenities, as well as the library, Burlington
Mall, and Lahey Hospital & Medical Center. With easy access to
major highways and everything you need close by, this home combines
privacy and spacious living with an incredibly convenient location.
A unique custom ranch with flexible living space, a heated
oversized garage, expansive lot, and unbeatable convenience-this is
a special opportunity to enjoy all that Burlington has to offer.
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.
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