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Burlington 01803 Burlington Town Center
85 Locust St
$146,000
● House - Off Market

85 Locust St

Burlington, MA 01803
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$614,160
RealtyHop Estimate
309.71%
Since Aug 1, 1997
MA-Boston
Primary Model

About This Property

GREAT STARTER RANCH WITH 5 ROOMS, 2+ BEDROOMS, DINING AREA COULD BE 3RD BEDROOM, ABUTTS CONSERVATION, HOUSE NEEDS TLC.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946

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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 #30161880)

Price History

Date / Event Date Event Price
Jul 14, 1997 Sold
Premium
Sold
May 2, 1997 Listed by CENTURY 21 Crowley $149,900
Listed by CENTURY 21 Crowley
Nov 8, 1990 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 646
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,016
  • Total Building Area: 1,957
  • Gross Building Area: 3,252
  • Building Area: 1,957
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,957
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:000089
  • Municipality: BURLINGTON
  • Latitude: 42.5111
  • Longitude: -71.1856

    Address

  • Full Address: 85 Locust St
  • Address - House Number: 85
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Burlington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1867
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,800

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 749,608
  • High Value: 889,418
  • Low Value: 609,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,100
  • Assessed Land Value: $399,100
  • Assessed Improvements Value: $245,000

    Sales

  • Current Sale Recording Date: Jul 14, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 08, 1990
  • Previous Sale Amount: $131,000
  • 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:

$807,450

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3344 ft²

Average Home Age

33.6 years

Currently For Sale

10 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

$3,965 /mo

  • 3 Beds
  • 2 Baths
  • 1,297 ft²
20 Corporate Drive #C2CS, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,145 /mo

  • 2 Beds
  • 2 Baths
  • 1,137 ft²
2 Littles Brook Court #Weston, 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# 30161880

Frequently Asked Questions

When was property at 85 Locust Street built and last sold?
The property at 85 Locust Street was built in 1946 and last sold on Jan 1, 1970 for $146,000.
How much is this home worth?
The estimated value of the home located at 85 Locust Street is $167,893.
What are some comparable homes to 85 Locust Street?
There are currently no comparable homes to 85 Locust Street.
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