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Lexington 02421 Follen Heights
1 Clematis Rd
Photo of 1 Clematis Rd
Sold on Jun 29, 2007

1

Map

$1,349,000
● House - Off Market

1 Clematis Rd

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,540 Ft²
$2,514,306
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

Ever think you'd have a crush on a house? Is it the pastoral setting...Quiet cul-de-sac street... Architectural uniqueness...Intriguing bays & angles...Dramatic 2 story foyer with bridal staircase...The farmer's porch...huge eat-in kitchen with separate breakfast area... well proportioned rooms... Spa-like master bath...all hardwood floors...Walk-up attic...Walk to school & tennis courts... an easy commute? If we're lucky we get 100 years on Earth. Use them well: LOCATE WISELY!
Unit Size
3,540 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$381
Property Type
House
Property Taxes
$1,133
HOA Dues
-
Year Built
1987

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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 #70573630)

Price History

Date / Event Date Event Price
Jun 29, 2007 Sold
Premium
Sold
May 7, 2007 Listed $1,349,000
Listed
Oct 17, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 1,739
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,598
  • Total Building Area: 3,558
  • Gross Building Area: 6,348
  • Building Area: 3,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0016 L:000088
  • Lot: 88
  • Municipality: LEXINGTON
  • Latitude: 42.4257
  • Longitude: -71.2254

    Address

  • Full Address: 1 Clematis Rd
  • Address - House Number: 1
  • Address - Street Name: Clematis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C036
  • 4-Digit Zip Code: 7109
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,138,500
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,150,151
  • High Value: 2,531,226
  • Low Value: 1,769,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,645,000
  • Assessed Land Value: $764,000
  • Assessed Improvements Value: $881,000

    Sales

  • Current Sale Recording Date: Jun 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00120840
  • Previous Sale Recording Date: Oct 17, 1989
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Follen Heights

Stats & Trends

Median Asking:

$1,379,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70573630

Frequently Asked Questions

When was property at 1 Clematis Road built and last sold?
The property at 1 Clematis Road was built in 1987 and last sold on Jan 1, 1970 for $1,349,000.
How much is this home worth?
The estimated value of the home located at 1 Clematis Road is $1,391,910.
What are some comparable homes to 1 Clematis Road?
There are currently no comparable homes to 1 Clematis Road.
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