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Burlington 01803 Burlington Town Center
5 Marrett Road
$570,000
● House - Off Market

5 Marrett Road

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,072 Ft²
$1,138,641
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Surprising colonial with contemporary flair and openness perfect for entertaining. 4 beds, 3.5 baths, 2 car garage.  Kitchen with center island, granite countertops and new stainless appliances.  Large family room with f/p, skylights & cathedral ceiling. 1st floor office at the rear of the house w/french doors.  Master bedroom boasts open bath with Jacuzzi tub, palladium window and a private deck.   You'll be ready for summer with a level yard and in-ground pool.  Close to hwys, malls, buses.
Unit Size
3,072 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$195
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1976

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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 #71516067)

Price History

Date / Event Date Event Price
Sep 4, 2013 Sold
Premium
Sold
Apr 28, 2013 Listed by RE/MAX Legacy $599,000
Listed by RE/MAX Legacy
Dec 13, 2002 Sold
Premium
Sold
Sep 9, 2002 Listed by RE/MAX Legacy $489,900
Listed by RE/MAX Legacy

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,668
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 24,629
  • Total Building Area: 2,952
  • Gross Building Area: 5,538
  • Building Area: 2,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,952
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000565
  • 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:000139
  • Municipality: BURLINGTON
  • Latitude: 42.4959
  • Longitude: -71.2065

    Address

  • Full Address: 5 Marrett Rd
  • Address - House Number: 5
  • Address - Street Name: Marrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C007
  • 4-Digit Zip Code: 4006
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,000

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,112,526
  • High Value: 1,307,213
  • Low Value: 917,839

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $910,500
  • Assessed Land Value: $421,100
  • Assessed Improvements Value: $489,400

    Sales

  • Current Sale Recording Date: Sep 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 13, 2002
  • Previous Sale Amount: $469,950
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$835,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3329 ft²

Average Home Age

47 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

$2,728 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
20 Corporate Drive #A1B, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,915 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, 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# 71516067

Frequently Asked Questions

When was property at 5 Marrett Road built and last sold?
The property at 5 Marrett Road was built in 1976 and last sold on Jan 1, 1970 for $570,000.
How much is this home worth?
The estimated value of the home located at 5 Marrett Road is $623,194.
What are some comparable homes to 5 Marrett Road?
There are currently no comparable homes to 5 Marrett Road.
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