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Burlington 01803 Burlington Town Center
5 Oak Street
$425,000
● House - Off Market

5 Oak Street

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$635,060
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Welcome Home to this warm and charming house located on a quiet street in one of Burlington's most desirable neighborhoods !  Walking distance to great schools and easy access to major highways.    Enjoy your morning coffee or entertain guests on the spacious deck off the kitchen.  Finished lower level is great for a family room or children's play room.  Take advantage of this wonderful town and all it has to offer - great schools, community, shopping & restaurants.   This one won't last long !  First showings at Open House Sunday June 10th from 1:00-3:00 PM.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$403
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1956

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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 #72342120)

Price History

Date / Event Date Event Price
Aug 23, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by Real Living Realty Group $509,500
Listed by Real Living Realty Group
Aug 10, 2018 Sold
Premium
Sold
Jun 7, 2018 Listed by Real Living Realty Group $429,000
Listed by Real Living Realty Group
Mar 20, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 800
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,214
  • Gross Building Area: 1,990
  • Building Area: 1,214
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,214
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 332202

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000031 P:000025
  • Municipality: BURLINGTON
  • Latitude: 42.5036
  • Longitude: -71.1781

    Address

  • Full Address: 5 Oak St
  • Address - House Number: 5
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Burlington
  • Carrier Code: C029
  • 4-Digit Zip Code: 3215
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $455,000

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 610,988
  • High Value: 723,838
  • Low Value: 498,138

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $508,900
  • Assessed Land Value: $348,100
  • Assessed Improvements Value: $160,800

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 188045
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: O
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:

$807,450

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3344 ft²

Average Home Age

33.6 years

Currently For Sale

10 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

$3,025 /mo

  • 1 Bed
  • 1 Bath
  • 852 ft²
20 Corporate Drive #A1CDES, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,710 /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: 5 months ago
Data Source: MLS PIN, MLS# 72342120

Frequently Asked Questions

When was property at 5 Oak Street built and last sold?
The property at 5 Oak Street was built in 1956 and last sold on Aug 23, 2021 for $555,000.
How much is this home worth?
The estimated value of the home located at 5 Oak Street is $508,695.
What are some comparable homes to 5 Oak Street?
There are currently no comparable homes to 5 Oak Street.
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