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Burlington 01803 Burlington Town Center
8 Makechnie Rd
$649,900
● House - Off Market

8 Makechnie Rd

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,565 Ft²
$962,064
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Move right in to this meticulous split in a very desirable section of Burlington! Formal Living & Dining rooms with gleaming  hardwood floors, a family room overlooking  gardens and a 10 X 14 trek deck lower level family room, office, laundry room and full bath with walk out to garage and back yard.A short distance to the reservoir and walking trails. Partially fenced yard.Accompanied showing
Unit Size
2,565 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$253
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1963

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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 #72354314)

Price History

Date / Event Date Event Price
Aug 15, 2018 Sold
Premium
Sold
Jun 28, 2018 Listed by EXIT Premier Real Estate $649,900
Listed by EXIT Premier Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,344
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,563
  • Total Building Area: 2,565
  • Gross Building Area: 3,244
  • Building Area: 2,565
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,565
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000564
  • 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: 332202

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000024 P:000117
  • Municipality: BURLINGTON
  • Latitude: 42.5102
  • Longitude: -71.1831

    Address

  • Full Address: 8 Makechnie Rd
  • Address - House Number: 8
  • Address - Street Name: Makechnie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1832
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,600

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 909,571
  • High Value: 1,049,653
  • Low Value: 769,489

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $752,400
  • Assessed Land Value: $421,000
  • Assessed Improvements Value: $331,400

    Sales

  • Current Sale Recording Date: Aug 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124672

    Financing

  • First Mortgage Financing Type: ADJ
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

3246 ft²

Average Home Age

48.9 years

Currently For Sale

14 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 2 Littles Brook Court, Burlington, MA, 01803

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,930 /mo

  • 3 Beds
  • 2 Baths
  • 1,297 ft²
20 Corporate Drive #C2CS, 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# 72354314

Frequently Asked Questions

When was property at 8 Makechnie Road built and last sold?
The property at 8 Makechnie Road was built in 1963 and last sold on Jan 1, 1970 for $649,900.
How much is this home worth?
The estimated value of the home located at 8 Makechnie Road is $677,483.
What are some comparable homes to 8 Makechnie Road?
There are currently no comparable homes to 8 Makechnie Road.
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