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Burlington 01803 North Burlington
LOT 7 Mullberry Lane
$400,000
● House - Off Market

LOT 7 Mullberry Lane

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,080 Ft²
$1,870,515
RealtyHop Estimate
335.10%
Since Nov 1, 1996
MA-Boston
Primary Model

About This Property

EXPANDED CAPE WITH ATTACHED 2 CAR GARAGE FEATURES 1ST FLOOR MASTERBEDROOM SUITE WITH WALK-IN CLOSET, 1ST FLOOR FAMILYROOM OFF KITCHEN. SECOND FLOOR HAS 3 BEDROOMS PLUS LOFT. LOCATED AT END OF CUL-DE-SAC.
Unit Size
3,080 Ft²
Days on Market
-
Land Size
1.47 acres
Price per sqft
$140
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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 years ago (MLSPIN #30113223)

Price History

Date / Event Date Event Price
Dec 30, 1998 Sold
Premium
Sold
Sep 25, 1998 Listed $399,900
Listed
Oct 11, 1996 Sold
Premium
Sold
Aug 1, 1996 Sold
Premium
Sold
Jun 24, 1996 Listed $429,900
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1997
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,144
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,443
  • Total Building Area: 2,300
  • Gross Building Area: 3,880
  • Building Area: 2,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000469
  • 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:000013 P:0101-2
  • Municipality: BURLINGTON
  • Latitude: 42.5228
  • Longitude: -71.1805

    Address

  • Full Address: 7 Mulberry Ln
  • Address - House Number: 7
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Burlington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1553
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $842,700

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,102,260
  • High Value: 1,294,830
  • Low Value: 909,690

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $942,600
  • Assessed Land Value: $420,100
  • Assessed Improvements Value: $522,500

    Sales

  • Current Sale Recording Date: Dec 30, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Previous Sale Recording Date: Aug 01, 1996
  • Previous Sale Amount: $329,900
  • Previous Sale Document Type: 43
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

$383

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3417 ft²

Average Home Age

54 years

Currently For Sale

12 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

$3,170 /mo

  • 2 Beds
  • 2 Baths
  • 1,176 ft²
20 Corporate Drive #B2A, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30113223

Frequently Asked Questions

When was property at 7 Mullberry Lane built and last sold?
The property at 7 Mullberry Lane was built in 1996 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 7 Mullberry Lane is $0.
What are some comparable homes to 7 Mullberry Lane?
There are currently no comparable homes to 7 Mullberry Lane.
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