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Lexington 02421 Idylwide
112 Spring Street
$677,862
● House - Off Market

112 Spring Street

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,457 Ft²
$1,276,801
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Remodeled ranch with open concept, flexible living space.  This home's features include a granite and stainless kitchen; combination living room/dining area with wood burning fireplace, and sliders to a large deck overlooking a private, wooded area; shiny wood floors; and spacious bedrooms. The walkout lower level - with full daylight windows - is finished with the 4th bedroom/office, 3/4 bath, family room with fireplace, media room, mudroom and laundry, and also has abundant storage.  Additional updates include 2-zone hydro-air heat, 2-zone central air, insulated windows, and 200 amp electrical service.  The neighborhood schools, Bridge Elementary and Clarke Middle, are both Blue Ribbon rated.  Convenient location to Alewife Station, Route 2, and I-95.
Unit Size
2,457 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$284
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1957

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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 #71717637)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by Hammond Residential $950,000
Listed by Hammond Residential
Oct 27, 2014 Sold
Premium
Sold
Jul 22, 2014 Listed by Hammond Residential $699,000
Listed by Hammond Residential
Nov 21, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,318
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,450
  • Total Building Area: 1,414
  • Gross Building Area: 3,020
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 6998C
  • Land Acres: 0000000286
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0018 L:00001A
  • Lot: 1A
  • Municipality: LEXINGTON
  • Latitude: 42.4275
  • Longitude: -71.2472

    Address

  • Full Address: 112 Spring St
  • Address - House Number: 112
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C042
  • 4-Digit Zip Code: 7802
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,176,500

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,157,933
  • High Value: 1,363,155
  • Low Value: 952,711

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $905,000
  • Assessed Land Value: $515,000
  • Assessed Improvements Value: $390,000

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1877708
  • Previous Sale Recording Date: Oct 27, 2014
  • Previous Sale Amount: $677,862
  • Previous Sale Document Type: O
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 Idylwide

Stats & Trends

Median Asking:

$1,849,500

Sale Price/ft²

$552

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3121 ft²

Average Home Age

48.3 years

Currently For Sale

3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71717637

Frequently Asked Questions

When was property at 112 Spring Street built and last sold?
The property at 112 Spring Street was built in 1957 and last sold on Apr 23, 2021 for $960,000.
How much is this home worth?
The estimated value of the home located at 112 Spring Street is $962,197.
What are some comparable homes to 112 Spring Street?
There are currently no comparable homes to 112 Spring Street.
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