
8 Hallmark Gdns #5 Burlington — Photo 1 of 11
$469,000
Investment Analysis — 8 Hallmark Gdns #5
Burlington, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01803 carries an estimated $3,460/mo in gross rent — about a 4.96% cap rate and $23,279/yr in estimated NOI at the $469,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
915
Style
Condominium
Built
1970
Recently updated well maintained second-floor two-bedroom condominium at centrally located Hallmark Gardens. Bright, sunny, and move-in ready, this condo offers exceptional value. Located in a quiet, well maintained community in a desirable neighborhood, Hallmark Gardens is conveniently located near Burlington Mall, 3RD Avenue, Routes 95, 3 and 3A, Lahey Hospital, countless shopping, dining, and entertainment options. Residents enjoy outstanding amenities including a beautiful in-ground pool, ample parking, and professionally landscaped grounds. Inside, the unit features an updated kitchen with granite countertops, new stainless refrigerator, new carpeting throughout, new professionally painted interior paint, new Thermopane glass windows, tasteful bathroom updates, and much more. Enjoy maintenance free living in one of Burlington's most sought-after condominium communities.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstListing Agent: Derek Greene
Listing Office: The Greene Realty Group
MLS® Number: 73576580