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Burlington 01803 North Burlington
89 Mill St
$531,000
● House - Off Market

89 Mill St

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$812,134
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

This charming 9 Room, 4 Bedroom, 1.5 Bath Cape home exudes character while incorporating modern amenities and upgrades. It has been meticulously maintained, upgraded & much loved. The flexible floor plan allows creative use of the rooms. The many updates include Newer Roof, Vinyl Tilt-In Windows, Vinyl Siding, Media Room, Home Office, Beautiful Fireplaced Living Room, Spacious Eat-In Kitchen as well as a Brand New Full Bath. The oversized deck provides peaceful enjoyment of nature, a refreshing pool on a hot summers day, professionally landscaped lot, within 4 houses from the Rahannis park & Tennis courts, also, a short walk to the Burlington Center and all the local shops.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$368
Property Type
House
Property Taxes
$345
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 #72262028)

Price History

Date / Event Date Event Price
Jan 30, 2018 Sold
Premium
Sold
Dec 6, 2017 Listed by Austin Realty Group $524,900
Listed by Austin Realty Group
May 1, 2008 Sold
Premium
Sold
Aug 9, 2007 Listed by Austin Realty Group $379,900
Listed by Austin Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,900
  • Total Building Area: 1,428
  • Gross Building Area: 2,652
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • 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:000018 P:000033
  • Municipality: BURLINGTON
  • Latitude: 42.5173
  • Longitude: -71.1915

    Address

  • Full Address: 89 Mill St
  • Address - House Number: 89
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Burlington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1828
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,600

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 732,973
  • High Value: 860,779
  • Low Value: 605,167

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,700
  • Assessed Land Value: $383,100
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Recording Date: Jan 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14357
  • Previous Sale Recording Date: May 01, 2008
  • Previous Sale Amount: $350,000
  • 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 North Burlington

Stats & Trends

Median Asking:

$894,500

Sale Price/ft²

$395

Above Asking

0.00%

Average Days on Market

50

Average Home Size

3552 ft²

Average Home Age

48.7 years

Currently For Sale

17 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

$2,330 /mo

  • Studio
  • 1 Bath
  • 546 ft²
20 Corporate Drive #S1B, 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# 72262028

Frequently Asked Questions

When was property at 89 Mill Street built and last sold?
The property at 89 Mill Street was built in 1962 and last sold on Jan 1, 1970 for $531,000.
How much is this home worth?
The estimated value of the home located at 89 Mill Street is $530,709.
What are some comparable homes to 89 Mill Street?
There are currently no comparable homes to 89 Mill Street.
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