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Lexington 02420 Countryside
1 Peartree Dr
$1,425,000
● House - Off Market

1 Peartree Dr

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,022 Ft²
$2,482,300
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

This elegant five bedroom home offers high ceilings, double-height Foyer, side-entry garage and professional landscaping grounds. The gourmet kitchen features top of the line appliances and a center island open to the breakfast room and wonderful deck beyond. Spacious master bedroom with walk-in closets and luxury bath.   Newly finished third floor bedroom and a full bathroom.
Unit Size
4,022 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,579
HOA Dues
-
Year Built
2009

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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 #72004209)

Price History

Date / Event Date Event Price
Aug 25, 2016 Sold
Premium
Sold
May 12, 2016 Listed by Baymaxx Realty, LLC $1,490,000
Listed by Baymaxx Realty, LLC
Aug 29, 2014 Sold
Premium
Sold
Apr 10, 2014 Listed by Baymaxx Realty, LLC $1,298,800
Listed by Baymaxx Realty, LLC
Dec 1, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,687
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,661
  • Total Building Area: 3,490
  • Gross Building Area: 7,505
  • Building Area: 3,490
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,490
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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:0046 L:000074
  • Lot: 74
  • Municipality: LEXINGTON
  • Latitude: 42.4471
  • Longitude: -71.1972

    Address

  • Full Address: 1 Peartree Dr
  • Address - House Number: 1
  • Address - Street Name: Peartree
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lexington
  • Carrier Code: C010
  • 4-Digit Zip Code: 2412
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,405,000

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,287,579
  • High Value: 2,693,699
  • Low Value: 1,881,459

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,850,000
  • Assessed Land Value: $652,000
  • Assessed Improvements Value: $1,198,000

    Sales

  • Current Sale Recording Date: Aug 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 147814
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $1,280,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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# 72004209

Frequently Asked Questions

When was property at 1 Peartree Drive built and last sold?
The property at 1 Peartree Drive was built in 2009 and last sold on Jan 1, 1970 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 1 Peartree Drive is $1,498,962.
What are some comparable homes to 1 Peartree Drive?
There are currently no comparable homes to 1 Peartree Drive.
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