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Burlington 01803 Burlington Town Center
9 Independence Dr
$460,000
● House - Off Market

9 Independence Dr

Burlington, MA 01803
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,412 Ft²
$791,839
RealtyHop Estimate
76.00%
Since Feb 1, 2016
MA-Boston
Primary Model

About This Property

Great location! This "mall side" Garrison Colonial situated on a dead end off of Lexington Street affords proximity to all Burlington amenities plus a child friendly side street. Featuring 4 spacious bedrooms 1.5 baths, hardwood flooring up and down, 2 fireplaces, finishable lower level family room with fireplace, large storage area and an attached garage. Enjoy family cookouts on the large deck and private, level lot or play in the front yard or on the dead end.
Unit Size
1,412 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$319
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1954

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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 #71927362)

Price History

Date / Event Date Event Price
Aug 3, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by Paul Conti Real Estate $679,900
Listed by Paul Conti Real Estate
Dec 31, 2015 Sold
Premium
Sold
Nov 3, 2015 Listed by Paul Conti Real Estate $449,900
Listed by Paul Conti Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 648
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,025
  • Gross Building Area: 2,899
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,025
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 332401

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000035 P:000022
  • Municipality: BURLINGTON
  • Latitude: 42.4996
  • Longitude: -71.2012

    Address

  • Full Address: 9 Independence Dr
  • Address - House Number: 9
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Burlington
  • Carrier Code: C035
  • 4-Digit Zip Code: 4018
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,200

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 847,477
  • High Value: 995,249
  • Low Value: 699,706

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,900
  • Assessed Land Value: $392,000
  • Assessed Improvements Value: $312,900

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 174514
  • Previous Sale Recording Date: Dec 31, 2015
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: O
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, 01803

$2,798 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
20 Corporate Drive #A1B, Burlington, MA, 01803 Listing by Equity Residential
Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,080 /mo

  • 1 Bed
  • 1 Bath
  • 1,058 ft²
2 Littles Brook Court #Concord, 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# 71927362

Frequently Asked Questions

When was property at 9 Independence Drive built and last sold?
The property at 9 Independence Drive was built in 1954 and last sold on Aug 3, 2021 for $775,000.
How much is this home worth?
The estimated value of the home located at 9 Independence Drive is $704,681.
What are some comparable homes to 9 Independence Drive?
There are currently no comparable homes to 9 Independence Drive.
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