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Lexington 02420 Lexington Town Center
1 Thoreau Road
$940,000
● House - Off Market

1 Thoreau Road

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,930 Ft²
$2,045,998
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Idyllic park-like setting for this remodeled 4 bedroom Colonial in the Fiske/Diamond school district.  The 34,000 square foot, professionally landscaped corner lot includes a deck, patio & storage shed.  The interior has been updated with attention to detail.  Enjoy the top of the line kitchen with stainless steel appliances, granite countertops & breakfast bar.  The living area is extended to the lower level by a comfortable family room with a fireplace, plus a versatile game room.
Unit Size
2,930 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$323
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #71303380)

Price History

Date / Event Date Event Price
Dec 15, 2011 Sold
Premium
Sold
Oct 21, 2011 Listed by Hammond Residential $945,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,032
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,791
  • Total Building Area: 2,078
  • Gross Building Area: 3,714
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000799
  • 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:0069 L:000022
  • Lot: 22
  • Municipality: LEXINGTON
  • Latitude: 42.4612
  • Longitude: -71.2133

    Address

  • Full Address: 1 Thoreau Rd
  • Address - House Number: 1
  • Address - Street Name: Thoreau
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C033
  • 4-Digit Zip Code: 1920
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,627,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,705,928
  • High Value: 2,008,786
  • Low Value: 1,403,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,252,000
  • Assessed Land Value: $697,000
  • Assessed Improvements Value: $555,000

    Sales

  • Current Sale Recording Date: Dec 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000022
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:

$2,199,495

Sale Price/ft²

$591

Below Asking

0.01%

Average Days on Market

71

Average Home Size

3505 ft²

Average Home Age

81.4 years

Currently For Sale

24 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

Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,600 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
2 Littles Brook Court #Bedford, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71303380

Frequently Asked Questions

When was property at 1 Thoreau Road built and last sold?
The property at 1 Thoreau Road was built in 1959 and last sold on Jan 1, 1970 for $940,000.
How much is this home worth?
The estimated value of the home located at 1 Thoreau Road is $993,974.
What are some comparable homes to 1 Thoreau Road?
There are currently no comparable homes to 1 Thoreau Road.
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