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Lexington 02421 Follen Heights
11 Richard Road
$592,000
● House - Off Market

11 Richard Road

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,371 Ft²
$1,325,606
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

Nestled in the heart of highly desirable Follen Hill this exceptional Nantucket Cape sited on a beautifully wooded 1/4 AC lot w/Vermont-like setting, yet just around the corner from public trans, schools,recreation & more! Handsomely crafted w/ attention to detail this home radiates warmth, character & an open sun-splashed floor plan, Large livingroom w/ an inviting fireplace, DR w/ built-in china cabinet & French door leading to a deck overlooking your private back yard retreat, Turn-key ready.
Unit Size
1,371 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$449
Property Type
House
Property Taxes
$682
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71279720)

Price History

Date / Event Date Event Price
Nov 23, 2011 Sold
Premium
Sold
Aug 25, 2011 Listed by Hammond Residential $615,000
Listed by Hammond Residential
Feb 16, 2001 Sold
Premium
Sold
Oct 4, 2000 Listed $489,900
Listed
LOVELY ENGLISH TUDOR ON "FOLLEN HILL", LARGE YARD, 1.5 BATHS, HDWD FLRS, FIREPLACE, ATTACHED GARAGE, SCREENED PORCH, WALK-OUT LL ROOM TO EXPAND, FRESH PAINT, UPDATED SYSTEMS, WALK TO PUBLIC TRNASPORTATION.
Sep 26, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 636
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,939
  • Total Building Area: 1,262
  • Gross Building Area: 2,442
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0031 L:000021
  • Lot: 21
  • Municipality: LEXINGTON
  • Latitude: 42.4352
  • Longitude: -71.2136

    Address

  • Full Address: 11 Richard Rd
  • Address - House Number: 11
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C029
  • 4-Digit Zip Code: 5812
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,319,500

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,293,176
  • High Value: 1,522,368
  • Low Value: 1,063,985

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,015,000
  • Assessed Land Value: $804,000
  • Assessed Improvements Value: $211,000

    Sales

  • Current Sale Recording Date: Nov 23, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000021
  • Previous Sale Recording Date: Sep 26, 1995
  • Previous Sale Amount: $290,000
  • 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 Follen Heights

Stats & Trends

Median Asking:

$1,389,000

Sale Price/ft²

$528

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3530 ft²

Average Home Age

55.1 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71279720

Frequently Asked Questions

When was property at 11 Richard Road built and last sold?
The property at 11 Richard Road was built in 1942 and last sold on Jan 1, 1970 for $592,000.
How much is this home worth?
The estimated value of the home located at 11 Richard Road is $631,631.
What are some comparable homes to 11 Richard Road?
There are currently no comparable homes to 11 Richard Road.
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