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Burlington 01803 Havenville
4 Luther Rd
$400,000
● House - Off Market

4 Luther Rd

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,002 Ft²
$728,523
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Well Maintained, 4 Bedroom, 2 Full Bath, Cape-Style Home.  Stainless Steel Kitchen Appliances Are Less Than 1 Year Old. Kitchen Backsplash Has Been Recently Tiled As Well As Lower Level Laundry Room Floor. Master Bedroom Boasts 2 Closets. The Family Room, Located In The Lower Level Of The Home, Has New Wall To Wall Carpet. Many Rooms Have Replacement Windows. Front & Back Decks Are Perfect Exterior Living Spaces To Entertain Family & Friends. 2 Sheds For Storage. Walk to Neighborhood Park.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$187
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1955

Payment Calculator

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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 #71493285)

Price History

Date / Event Date Event Price
May 21, 2013 Sold
Premium
Sold
Mar 13, 2013 Listed by EXIT Premier Real Estate $374,900
Listed by EXIT Premier Real Estate
Jun 5, 2009 Sold
Premium
Sold
Mar 11, 2009 Listed by EXIT Premier Real Estate $369,900
Listed by EXIT Premier Real Estate
Nov 30, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,344
  • Gross Building Area: 2,691
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000021 P:000073
  • Municipality: BURLINGTON
  • Latitude: 42.5115
  • Longitude: -71.2268

    Address

  • Full Address: 4 Luther Rd
  • Address - House Number: 4
  • Address - Street Name: Luther
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C009
  • 4-Digit Zip Code: 2710
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,300

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 724,837
  • High Value: 851,351
  • Low Value: 598,323

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,100
  • Assessed Land Value: $392,000
  • Assessed Improvements Value: $219,100

    Sales

  • Current Sale Recording Date: May 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Jun 05, 2009
  • Previous Sale Amount: $370,000
  • 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 Havenville

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3583 ft²

Average Home Age

32.8 years

Currently For Sale

18 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# 71493285

Frequently Asked Questions

When was property at 4 Luther Road built and last sold?
The property at 4 Luther Road was built in 1955 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 4 Luther Road is $402,072.
What are some comparable homes to 4 Luther Road?
There are currently no comparable homes to 4 Luther Road.
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