Active
3 Days on market
8 Hallmark Gdns #5 Burlington — Photo 1 of 11

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$469,000
Annual Taxes$3,224
HOA Fee$421

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringCarpet, Wood Laminate
BasementN

Climate & Utilities

HeatingElectric Baseboard
CoolingWall Unit(s), Dual, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Stone, Block
RoofRubber
Foundation--
ZoningRG

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Listing Provided By

Listing Agent: Derek Greene

Listing Office: The Greene Realty Group

MLS® Number: 73576580