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Burlington 01803 Woods Corner
50 Muller Road
$289,000
● Land - Off Market

50 Muller Road

Burlington, MA 01803
bedrooms
Studio
bathrooms
0 Bath
$561,598
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Scenic lot located on the Burlington/Lexington line close to highways, shopping, Lahey Clinic and steps away from Mary Cummings Park, a 210 acre public park.  The lot has a gently sloping grade, perfect for a walk out lower level.  Utilities are in street.
Unit Size
-
Days on Market
-
Land Size
0.56 acres
Price per sqft
-
Property Type
Land
Property Taxes
$179
HOA Dues
-
Year Built
2013

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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 #71482273)

Price History

Date / Event Date Event Price
May 2, 2013 Sold
Premium
Sold
Feb 13, 2013 Listed by Freedom Realty Advisors $289,000
Listed by Freedom Realty Advisors

Property Highlights

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,424
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,498
  • Total Building Area: 3,278
  • Gross Building Area: 5,448
  • Building Area: 3,278
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,278
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND MULLER
  • Land Acres: 0000000562
  • 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: 332402

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000057 P:0007-4
  • Municipality: BURLINGTON
  • Latitude: 42.474
  • Longitude: -71.205

    Address

  • Full Address: 50 Muller Rd
  • Address - House Number: 50
  • Address - Street Name: Muller
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C017
  • 4-Digit Zip Code: 5111
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,027,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,606,748
  • High Value: 1,867,999
  • Low Value: 1,345,498

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,149,300
  • Assessed Land Value: $393,000
  • Assessed Improvements Value: $756,300

    Sales

  • Current Sale Recording Date: May 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
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 Woods Corner

Stats & Trends

Median Asking:

$837,000

Sale Price/ft²

$467

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1564 ft²

Average Home Age

44 years

Currently For Sale

4 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# 71482273

Frequently Asked Questions

When was property at 50 Muller Road built and last sold?
The property at 50 Muller Road was built in 2013 and last sold on Jan 1, 1970 for $289,000.
How much is this home worth?
The estimated value of the home located at 50 Muller Road is $291,890.
What are some comparable homes to 50 Muller Road?
There are currently no comparable homes to 50 Muller Road.
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