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Burlington 01803 Burlington Town Center
7 Cresthaven Dr
$1,550,000
● House - Off Market

7 Cresthaven Dr

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,200 Ft²
$1,718,473
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Gorgeous black and white farmhouse inspired colonial with farmer's porch just completed by Sanco Builders located in established Burlington neighborhood!  Custom kitchen with navy island, wine fridge, wall oven, dining area, and walk-in pantry. Formal dining room with wainscoting and coffered ceiling. Family room with fireplace and slider to exterior patio. A first floor office, 1/2 bath, and mudroom with direct access to the 2-car garage complete the 1st floor. 2nd floor features 4 bedrooms, including master suite with separate sitting room, walk-in closet with solid shelving, and a full bath with double vanity sinks, tiled shower, and soaking tub. 2nd floor laundry room with cabinets, laundry sink, and access to the walk-up finished attic with full bath. Amazing backyard with patio
Unit Size
4,200 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$357
Property Type
House
Property Taxes
$516
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 #72851985)

Price History

Date / Event Date Event Price
Jul 22, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by Keller Williams Realty Boston-Metro | Back Bay $1,499,900
Listed by Keller Williams Realty Boston-Metro | Back Bay
Aug 24, 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: 10
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,439
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,661
  • Total Building Area: 4,136
  • Gross Building Area: 7,428
  • Building Area: 4,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,136
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000474
  • 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:000023 P:000104
  • Municipality: BURLINGTON
  • Latitude: 42.513
  • Longitude: -71.1985

    Address

  • Full Address: 7 Cresthaven Dr
  • Address - House Number: 7
  • Address - Street Name: Cresthaven
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Burlington
  • Carrier Code: C012
  • 4-Digit Zip Code: 2109
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,254,800

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,706,589
  • High Value: 2,006,732
  • Low Value: 1,406,445

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,403,600
  • Assessed Land Value: $403,200
  • Assessed Improvements Value: $1,000,400

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 164848
  • Previous Sale Recording Date: Aug 24, 2020
  • Previous Sale Contract Date: Aug 17, 2020
  • Previous Sale Amount: $440,000
  • 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:

$835,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3341 ft²

Average Home Age

47.1 years

Currently For Sale

13 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

$2,527 /mo

  • Studio
  • 1 Bath
  • 575 ft²
20 Corporate Drive #S1CS, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,680 /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 years ago
Data Source: MLS PIN, MLS# 72851985

Frequently Asked Questions

When was property at 7 Cresthaven Drive built and last sold?
The property at 7 Cresthaven Drive was built in 2020 and last sold on Jul 22, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 7 Cresthaven Drive is $0.
What are some comparable homes to 7 Cresthaven Drive?
There are currently no comparable homes to 7 Cresthaven Drive.
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