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Lexington 02420 Countryside
1 Third Street
Photo of 1 Third Street
Sold on Jul 29, 2011

1

Map

$691,000
● House - Off Market

1 Third Street

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,360 Ft²
$1,438,391
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Thoughtfully updated and expanded garrison colonial on a well landscaped corner lot in a quiet neighborhood.  This five bedroom home boasts gleaming hardwood floors, fireplace living room with marble hearth and surround, as well as an airy dining room with large glass doors leading to a private deck.  The eat-in kitchen has been redone with natural wood cabinets, fully applianced kitchen.  A wonderful home for the active family.
Unit Size
2,360 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$296
Property Type
House
Property Taxes
$798
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71237790)

Price History

Date / Event Date Event Price
Jul 29, 2011 Sold
Premium
Sold
May 24, 2011 Listed by Coldwell Banker Residential Brokerage - Lexington $699,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 672
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,432
  • Gross Building Area: 3,676
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0054 L:000141
  • Lot: 141
  • Municipality: LEXINGTON
  • Latitude: 42.4506
  • Longitude: -71.2054

    Address

  • Full Address: 1 3rd St
  • Address - House Number: 1
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C024
  • 4-Digit Zip Code: 2211
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,431,300

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,514,038
  • High Value: 1,782,829
  • Low Value: 1,245,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,101,000
  • Assessed Land Value: $572,000
  • Assessed Improvements Value: $529,000

    Sales

  • Current Sale Recording Date: Jul 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000157
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 Countryside

Stats & Trends

Median Asking:

$1,750,000

Sale Price/ft²

$530

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4585 ft²

Average Home Age

50.3 years

Currently For Sale

12 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71237790

Frequently Asked Questions

When was property at 1 3rd Street built and last sold?
The property at 1 3rd Street was built in 1960 and last sold on Jan 1, 1970 for $691,000.
How much is this home worth?
The estimated value of the home located at 1 3rd Street is $705,623.
What are some comparable homes to 1 3rd Street?
There are currently no comparable homes to 1 3rd Street.
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