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Burlington 01803 Burlington Town Center
4 Marrett Road
Photo of 4 Marrett Road
Sold on Nov 30, 2005

1

Map

$500,000
● House - Off Market

4 Marrett Road

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,036 Ft²
$927,586
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model

About This Property

Fabulous 50 ft. split level! Beautiful 1st floor family room with skylights, cathedral ceiling, walls of windows and leads to deck overlooking lovely yard. Updated kitchen, hardwood floors, master bedroom with bath, living room with fireplace. Lower level family room features fireplace, book shelves, new carpeting. New roof, new furnace! Private 1/2 acre lot in lovely neighborhood.  Theatre, mall and restaurants nearby.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$255
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1970

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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 #70207225)

Price History

Date / Event Date Event Price
Nov 30, 2005 Sold
Premium
Sold
Jun 10, 2005 Listed $519,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,250
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,621
  • Total Building Area: 2,481
  • Gross Building Area: 3,398
  • Building Area: 2,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,481
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000519
  • 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: 332401

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000034 P:000143
  • Municipality: BURLINGTON
  • Latitude: 42.4964
  • Longitude: -71.206

    Address

  • Full Address: 4 Marrett Rd
  • Address - House Number: 4
  • Address - Street Name: Marrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C007
  • 4-Digit Zip Code: 4007
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,200

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 925,582
  • High Value: 1,087,555
  • Low Value: 763,609

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $821,300
  • Assessed Land Value: $420,600
  • Assessed Improvements Value: $400,700

    Sales

  • Current Sale Recording Date: Nov 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00263915
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 Burlington Town Center

Stats & Trends

Median Asking:

$815,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3019 ft²

Average Home Age

47.5 years

Currently For Sale

15 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

Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,850 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,210 /mo

  • 2 Beds
  • 2 Baths
  • 1,110 ft²
20 Corporate Drive #B2ACS, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70207225

Frequently Asked Questions

When was property at 4 Marrett Road built and last sold?
The property at 4 Marrett Road was built in 1970 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 4 Marrett Road is $540,689.
What are some comparable homes to 4 Marrett Road?
There are currently no comparable homes to 4 Marrett Road.
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