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Burlington 01803 North Burlington
6 Cheryl Ave
$1,510,000
● House - Off Market

6 Cheryl Ave

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,200 Ft²
$1,756,155
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

One of 2 new homes being built on Cheryl Ave! This latest project by Kadilak Homes was designed for today's living with a modern classic feel featuring many custom details throughout. Fireplaced great room with built ins, kitchen with large island and coffered ceilings, formal dining room, and walk in pantry with separate sink.  First floor also features mudroom with custom cabinetry, a full bathroom, and a home office.  Four 2nd floor bedrooms including master suite plus laundry room with dedicated sink.  Finished basement with wet bar, full bathroom, family room, exercise room, and bonus room.  Walk out access to exterior.  Set on a fantastic half acre lot.  Estimated completion summer 2021.
Unit Size
4,200 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$363
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 years ago (MLSPIN #72829060)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
May 11, 2021 Listed by Kadilak Realty Group, LLC $1,525,000
Listed by Kadilak Realty Group, LLC
May 29, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,483
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,277
  • Total Building Area: 4,257
  • Gross Building Area: 6,483
  • Building Area: 4,257
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,257
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000465
  • 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: 332100

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000017 P:000049
  • Municipality: BURLINGTON
  • Latitude: 42.5187
  • Longitude: -71.2023

    Address

  • Full Address: 6 Cheryl Ave
  • Address - House Number: 6
  • Address - Street Name: Cheryl
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Burlington
  • Carrier Code: C025
  • 4-Digit Zip Code: 1706
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,309,500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,740,511
  • High Value: 2,046,621
  • Low Value: 1,434,402

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,464,800
  • Assessed Land Value: $403,100
  • Assessed Improvements Value: $1,061,700

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 145647
  • Previous Sale Recording Date: May 29, 2020
  • Previous Sale Contract Date: May 23, 2020
  • Previous Sale Amount: $450,000
  • 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 North Burlington

Stats & Trends

Median Asking:

$894,500

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

53

Average Home Size

3758 ft²

Average Home Age

59.5 years

Currently For Sale

8 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

$3,268 /mo

  • 2 Beds
  • 2 Baths
  • 1,332 ft²
20 Corporate Drive #B2DC, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72829060

Frequently Asked Questions

When was property at 6 Cheryl Avenue built and last sold?
The property at 6 Cheryl Avenue was built in 2020 and last sold on Jun 28, 2021 for $1,510,000.
How much is this home worth?
The estimated value of the home located at 6 Cheryl Avenue is $0.
What are some comparable homes to 6 Cheryl Avenue?
There are currently no comparable homes to 6 Cheryl Avenue.
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