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Burlington 01803 Havenville
5 Eastern Ave
$745,000
● House - Off Market

5 Eastern Ave

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,136 Ft²
$763,202
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Come take a look at this expanded 4 bedroom 2 bath ranch with family room addition. The vaulted ceiling and skylight in the eat-in kitchen gives an open dimension and offers gas cooking to the cook in your family. Open to a spacious 1st floor family room great for all the holiday gatherings. A large main bedroom and updated tiled bath that shines with vaulted ceiling and skylight. You will love the hardwood floors in all 4 bedrooms. Many new replacement windows, updated heating system and gas hot water tank makes the home more efficient. On the lower level you  will find a work shop great for projects. An oversized deck great for summer barbeques overlooks a landscaped yard. Lovely neighborhood on a cul-d-sac. A short distance to school, Lahey Medical Center, great shops and restaurants.
Unit Size
2,136 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$351
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #73068339)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Feb 18, 2023 In contract -
In contract
Jan 5, 2023 Listed by Austin Realty Group $749,900
Listed by Austin Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,392
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,835
  • Total Building Area: 1,920
  • Gross Building Area: 3,544
  • Building Area: 1,920
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000478
  • Standard Land Use Code: 9000
  • County Land Use Code: 990

Neighborhood

  • School District Name: Burlington School District
  • School Tax School District: BURLINGTON SD
  • Census Tract: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000015 P:000191
  • Municipality: BURLINGTON
  • Latitude: 42.5146
  • Longitude: -71.2244

    Address

  • Full Address: 5 Eastern Ave
  • Address - House Number: 5
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Burlington
  • Carrier Code: C009
  • 4-Digit Zip Code: 2203
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $516,100

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 773,789
  • High Value: 943,531
  • Low Value: 604,048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $603,700
  • Assessed Land Value: $372,600
  • Assessed Improvements Value: $231,100

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37687
  • Previous Sale Recording Date: Jun 20, 2017
  • 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

50

Average Home Size

3045 ft²

Average Home Age

31.8 years

Currently For Sale

12 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 20 Corporate Drive, Burlington, MA, 01803

$3,922 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
20 Corporate Drive #C2DC, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73068339

Frequently Asked Questions

When was property at 5 Eastern Avenue built and last sold?
The property at 5 Eastern Avenue was built in 1955 and last sold on Apr 14, 2023 for $745,000.
How much is this home worth?
The estimated value of the home located at 5 Eastern Avenue is $762,796.
What are some comparable homes to 5 Eastern Avenue?
There are currently no comparable homes to 5 Eastern Avenue.
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