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Lexington 02420 Lexington Town Center
10 Grant Place
$1,600,000
● House - Off Market

10 Grant Place

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,566 Ft²
$1,296,638
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

This expanded Cape with Craftsman styling features a 2008 addition/ remodel and exudes a unique, tranquil, and timeless ambiance. From the moment you arrive on the private, unpaved road and admire the intricate exterior shingling, to the serene experience of sitting on the three-season porch surrounded by windows and beadboard detailing, you'll experience a remarkable sense of calm. Carefully designed and crafted, it showcases a welcoming kitchen at the heart of the home, both first and second floor bedroom suites and a versatile floor plan that effortlessly combines communal and private spaces. Sited on over a third of an acre, bordering the picturesque Minuteman Bikeway in vibrant downtown Lexington.
Unit Size
2,566 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$507
Property Type
House
Property Taxes
$1,164
HOA Dues
-
Year Built
1930

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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 #73118437)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
Jun 7, 2023 In contract -
In contract
May 31, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,300,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jun 29, 2006 Sold
Premium
Sold
Mar 4, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,048
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,936
  • Total Building Area: 2,412
  • Gross Building Area: 4,264
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANT PLACE
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0048 L:000109
  • Lot: 109
  • Municipality: LEXINGTON
  • Latitude: 42.4483
  • Longitude: -71.2258

    Address

  • Full Address: 10 Grant Pl
  • Address - House Number: 10
  • Address - Street Name: Grant
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 3719
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,396,200

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,525,594
  • High Value: 1,796,165
  • Low Value: 1,255,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,074,000
  • Assessed Land Value: $614,000
  • Assessed Improvements Value: $460,000

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79422
  • Previous Sale Recording Date: Jun 29, 2006
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: 27
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73118437

Frequently Asked Questions

When was property at 10 Grant Place built and last sold?
The property at 10 Grant Place was built in 1930 and last sold on Jul 14, 2023 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 10 Grant Place is $1,348,186.
What are some comparable homes to 10 Grant Place?
There are currently no comparable homes to 10 Grant Place.
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