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Middlesex
1 Lantern Lane
Photo of 1 Lantern Lane
Sold on Jul 8, 2008

1

Map

$850,000
● House - Off Market

1 Lantern Lane

Weston, MA 02493
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,437 Ft²
$1,760,795
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Charming period brick-front and shingle colonial in desirable northside neighborhood on ended way which abuts town walking trails. Wood-paneled study with built in bookcases & skylights, fam room overlooking picturesque backyd plus screened porch complete the package of this well maintained home.  Master bedroom features vaulted ceilings with skylights and walk in closet.  Backyard is fenced, grounds professionally landscaped, includes grape arbor and small pond. Come and make your own.
Unit Size
2,437 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$367
Property Type
House
Property Taxes
$639
HOA Dues
-
Year Built
1937

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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 #70754901)

Price History

Date / Event Date Event Price
Feb 18, 2021 Sold
Premium
Sold
Dec 15, 2020 Listed $1,199,000
Listed
Jul 8, 2008 Sold
Premium
Sold
May 2, 2008 Listed $895,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • 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: 6
  • Basement Area: 1,032
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 2,437
  • Gross Building Area: 4,707
  • Building Area: 2,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Weston School District
  • School Tax School District: WESTON SD
  • Census Tract: 367100

Geography

  • Account Number: 934
  • Parcel: WEST M:013.0 L:0056 S:000.0
  • Lot: 56
  • Municipality: WESTON
  • Latitude: 42.3847
  • Longitude: -71.2928

    Address

  • Full Address: 1 Lantern Ln
  • Address - House Number: 1
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Weston
  • Carrier Code: C015
  • 4-Digit Zip Code: 1720
  • Zip Code: 02493

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,326,600

    Appraisal Valuation

  • Standard Deviation: 0.158
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,533,897
  • High Value: 1,776,320
  • Low Value: 1,291,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,193,000
  • Assessed Land Value: $665,600
  • Assessed Improvements Value: $527,400

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1870358
  • Previous Sale Recording Date: Jul 08, 2008
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: 48
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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 70754901

Frequently Asked Questions

When was property at 1 Lantern Lane built and last sold?
The property at 1 Lantern Lane was built in 1937 and last sold on Feb 5, 2021 for $1,215,000.
How much is this home worth?
The estimated value of the home located at 1 Lantern Lane is $1,232,873.
What are some comparable homes to 1 Lantern Lane?
There are currently no comparable homes to 1 Lantern Lane.
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