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Burlington 01803 Burlington Town Center
7 Edgemont Ave.
$403,000
● House - Off Market

7 Edgemont Ave.

Burlington, MA 01803
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,085 Ft²
$814,655
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

BRING THE EXTENDED FAMILY TO THIS 5/6 BEDROOM HOME WITH 3 FULL BATHS. FIRST FLOOR LAUNDRY. 26X15 WALK-IN ATTIC READY TO BE FINISHED. HARDWOOD FLOORING THROUGHOUT MOST OF THE HOME. FINISHED HEATED WALK OUT BASEMENT JUST NEEDS CARPETING. HEATING SYSTEM 6 YEARS OLD. MASTER BEDROOM SUITE ON THE FIRST FLOOR. FIREPLACED LIVING ROOM. SELLER WILL ESCROW FUNDS FOR SEWER TIE-IN. WASHER, DRYER, REFRIGERATOR INCLUDED. WALK TO SIMONDS PARK. PARCEL 23-8-1 BK. 1408 PG. 21 CONSISTING OF 13,778 SQ.FT. INCLUDED.
Unit Size
3,085 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$138
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1945

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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 #71505099)

Price History

Date / Event Date Event Price
Jun 17, 2013 Sold
Premium
Sold
Apr 8, 2013 Listed by American Dream Homes $425,000
Listed by American Dream Homes

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,535
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,999
  • Total Building Area: 3,014
  • Gross Building Area: 4,693
  • Building Area: 3,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,014
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000023 P:000008
  • Municipality: BURLINGTON
  • Latitude: 42.5076
  • Longitude: -71.201

    Address

  • Full Address: 7 Edgemont Ave
  • Address - House Number: 7
  • Address - Street Name: Edgemont
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Burlington
  • Carrier Code: C012
  • 4-Digit Zip Code: 2925
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,000

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 825,669
  • High Value: 952,998
  • Low Value: 698,339

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $708,000
  • Assessed Land Value: $363,300
  • Assessed Improvements Value: $344,700

    Sales

  • Current Sale Recording Date: Jun 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000164
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

$413

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3324 ft²

Average Home Age

40.2 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

$2,728 /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: 5 months ago
Data Source: MLS PIN, MLS# 71505099

Frequently Asked Questions

When was property at 7 Edgemont Avenue built and last sold?
The property at 7 Edgemont Avenue was built in 1945 and last sold on Jan 1, 1970 for $403,000.
How much is this home worth?
The estimated value of the home located at 7 Edgemont Avenue is $427,799.
What are some comparable homes to 7 Edgemont Avenue?
There are currently no comparable homes to 7 Edgemont Avenue.
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