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Lexington 02421 Lexington Town Center
1 Ryder Lane
$1,030,000
● House - Off Market

1 Ryder Lane

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,596 Ft²
$1,939,361
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Picture perfect sun drenched Colonial w/in walking distance to HS, center, rec facilities & everything else the wonderful town has to offer. This 4 BR, 3.5 bath home offers over 2,500 sq ft of living on the 1st & 2nd flrs and an additional 1,000 sq ft of living space in the finished LL. Located in a quiet cul-de-sac this tastefully updated home offers a 2 car grge, sprinklers, new roof, new hot water tank, replacement windows & fab 2-tiered rear deck overlooking fenced in yard. Welcome home!
Unit Size
2,596 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$384
Property Type
House
Property Taxes
$1,110
HOA Dues
-
Year Built
1979

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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 #71477646)

Price History

Date / Event Date Event Price
May 1, 2013 Sold
Premium
Sold
Jan 31, 2013 Listed by The Higgins Group REALTORS® $998,000
Listed by The Higgins Group REALTORS®
Apr 12, 2002 Sold
Premium
Sold
Jan 10, 2002 Listed by The Higgins Group REALTORS® $859,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 1,707
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,936
  • Total Building Area: 2,706
  • Gross Building Area: 5,537
  • Building Area: 2,706
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,706
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • 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:0040 L:000237
  • Lot: 237
  • Municipality: LEXINGTON
  • Latitude: 42.4392
  • Longitude: -71.2307

    Address

  • Full Address: 1 Ryder Ln
  • Address - House Number: 1
  • Address - Street Name: Ryder
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C021
  • 4-Digit Zip Code: 7027
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,950,000

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,886,401
  • High Value: 2,220,731
  • Low Value: 1,552,071

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,500,000
  • Assessed Land Value: $808,000
  • Assessed Improvements Value: $692,000

    Sales

  • Current Sale Recording Date: May 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000163
  • Previous Sale Recording Date: Apr 12, 2002
  • Previous Sale Amount: $842,500
  • 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 Lexington Town Center

Stats & Trends

Median Asking:

$1,999,500

Sale Price/ft²

$599

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4419 ft²

Average Home Age

77.8 years

Currently For Sale

26 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# 71477646

Frequently Asked Questions

When was property at 1 Ryder Lane built and last sold?
The property at 1 Ryder Lane was built in 1979 and last sold on Jan 1, 1970 for $1,030,000.
How much is this home worth?
The estimated value of the home located at 1 Ryder Lane is $1,025,738.
What are some comparable homes to 1 Ryder Lane?
There are currently no comparable homes to 1 Ryder Lane.
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