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Burlington 01803 Burlington Town Center
7 Raymond Avenue
$420,000
● House - Off Market

7 Raymond Avenue

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,005 Ft²
$816,566
RealtyHop Estimate
92.18%
Since May 1, 2004
MA-Boston
Primary Model

About This Property

METICULOUSLY KEPT 4+ BD, 3 BATHS MULTI-LEVEL ON QUIET CUL-DE-SAC. NEWER FURNACE, CENTRAL AIR, AG POOL + MANY UPDATES. WALK TO PARK, TENNIS AND PUBLIC TRANSPORTATION. HOME IS IN EXCELLENT CONDITION; MOVE RIGHT IN!
Unit Size
2,005 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1962

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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 #30806723)

Price History

Date / Event Date Event Price
Mar 31, 2004 Sold
Premium
Sold
Jan 25, 2004 Listed by EXIT Premier Real Estate $424,900
Listed by EXIT Premier Real Estate
Aug 6, 1999 Sold
Premium
Sold
Jun 1, 1999 Listed by EXIT Premier Real Estate $269,900
Listed by EXIT Premier Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 9
  • Basement Area: 462
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Total Building Area: 2,052
  • Gross Building Area: 2,450
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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:000029 P:000063
  • Municipality: BURLINGTON
  • Latitude: 42.5068
  • Longitude: -71.2002

    Address

  • Full Address: 7 Raymond Rd
  • Address - House Number: 7
  • Address - Street Name: Raymond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C012
  • 4-Digit Zip Code: 2906
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,700

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 789,310
  • High Value: 926,940
  • Low Value: 651,681

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,400
  • Assessed Land Value: $353,100
  • Assessed Improvements Value: $266,300

    Sales

  • Current Sale Recording Date: Mar 31, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 74186
  • Previous Sale Recording Date: Aug 06, 1999
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 27
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, 01801

$3,445 /mo

  • 2 Beds
  • 2 Baths
  • 1,230 ft²
20 Corporate Drive #B2CS, Burlington, MA, 01801 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,820 /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# 30806723

Frequently Asked Questions

When was property at 7 Raymond Road built and last sold?
The property at 7 Raymond Road was built in 1962 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 7 Raymond Road is $443,411.
What are some comparable homes to 7 Raymond Road?
There are currently no comparable homes to 7 Raymond Road.
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