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Lexington 02421 Prospect Hill
1 Bushnell Drive
$1,081,800
● House - Off Market

1 Bushnell Drive

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,707 Ft²
$1,827,547
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Inviting Colonial offers a spacious layout with ideal flow for entertaining and modern living.  Front to back living room, formal dining room and eat-in kitchen with new stainless steel range, microwave and dishwasher.  Relax in the sun drenched family room, featuring a beautiful fireplace, built-in bookcases, vaulted ceiling with skylights, and sliding doors to deck.  Enjoy the breeze at the three-season porch of summer evening oasis.  Located within walking distance to Lexington High, Bridge and Clarke schools, athletic fields, and Town Center; bus stop to Alewife only steps away – perfect for commuters.  Converted to energy efficient hydro-hot gas heating and central AC added to main house in 2011, and exterior painted in 2013.  A must see!
Unit Size
2,707 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$369
Property Type
House
Property Taxes
$1,148
HOA Dues
-
Year Built
1969

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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 #71755271)

Price History

Date / Event Date Event Price
Nov 14, 2014 Sold
Premium
Sold
Oct 9, 2014 Listed by The Higgins Group REALTORS® $998,800
Listed by The Higgins Group REALTORS®
Apr 29, 2011 Sold
Premium
Sold
Apr 6, 2011 Listed by The Higgins Group REALTORS® $895,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,681
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,448
  • Total Building Area: 2,707
  • Gross Building Area: 5,399
  • Building Area: 2,707
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,707
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000446
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0041 L:000124
  • Lot: 124
  • Municipality: LEXINGTON
  • Latitude: 42.4412
  • Longitude: -71.2337

    Address

  • Full Address: 1 Bushnell Dr
  • Address - House Number: 1
  • Address - Street Name: Bushnell
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lexington
  • Carrier Code: C021
  • 4-Digit Zip Code: 4901
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,859,000

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,770,557
  • High Value: 2,084,356
  • Low Value: 1,456,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,430,000
  • Assessed Land Value: $740,000
  • Assessed Improvements Value: $690,000

    Sales

  • Current Sale Recording Date: Nov 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 174981
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Amount: $905,000
  • 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 Prospect Hill

Stats & Trends

Median Asking:

$1,874,500

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3887 ft²

Average Home Age

25 years

Currently For Sale

4 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# 71755271

Frequently Asked Questions

When was property at 1 Bushnell Drive built and last sold?
The property at 1 Bushnell Drive was built in 1969 and last sold on Jan 1, 1970 for $1,081,800.
How much is this home worth?
The estimated value of the home located at 1 Bushnell Drive is $1,037,804.
What are some comparable homes to 1 Bushnell Drive?
There are currently no comparable homes to 1 Bushnell Drive.
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