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Lexington 02420 Lexington Town Center
119 Grant Street
$1,120,000
● House - Off Market

119 Grant Street

Lexington, MA 02420
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,740 Ft²
$2,155,831
RealtyHop Estimate
160.05%
Since May 1, 2001
MA-Boston
Primary Model

About This Property

RARER THAN DIAMONDS + MORE PRECIOUS THAN GOLD! 1.7 ACRE MINI ESTATE IN LEXINGTON CENTER. WONDER BLEND OF HISTORY + NEW. PERFECT FOR EXTENDED FAMILIES, HOME STUDIO, RENTAL INCOME (LEGAL ACCESSORY APT.) VERY WELL MAINTAINED/UPDATED SYSTEMS.
Unit Size
3,740 Ft²
Days on Market
-
Land Size
1.73 acres
Price per sqft
$222
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #30479936)

Price History

Date / Event Date Event Price
Oct 21, 2021 Sold
Premium
Sold
Jul 20, 2021 Listed by Carlson GMAC Real Estate $1,699,000
Listed by Carlson GMAC Real Estate
Apr 27, 2001 Sold
Premium
Sold
Feb 20, 2001 Listed by Carlson GMAC Real Estate $829,000
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 2,164
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,302
  • Total Building Area: 3,800
  • Gross Building Area: 7,940
  • Building Area: 3,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001729
  • 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:0055 L:00043A
  • Lot: 43A
  • Municipality: LEXINGTON
  • Latitude: 42.452
  • Longitude: -71.2181

    Address

  • Full Address: 119 Grant St
  • Address - House Number: 119
  • Address - Street Name: Grant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 3714
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,081,300

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 1,697,352
  • High Value: 1,828,872
  • Low Value: 1,565,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,601,000
  • Assessed Land Value: $621,000
  • Assessed Improvements Value: $980,000

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 231100
  • Previous Sale Recording Date: Apr 27, 2001
  • Previous Sale Amount: $1,120,000
  • 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:

$2,199,000

Sale Price/ft²

$596

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3690 ft²

Average Home Age

79.9 years

Currently For Sale

22 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: 4 years ago
Data Source: MLS PIN, MLS# 30479936

Frequently Asked Questions

When was property at 119 Grant Street built and last sold?
The property at 119 Grant Street was built in 1900 and last sold on Oct 19, 2021 for $1,664,000.
How much is this home worth?
The estimated value of the home located at 119 Grant Street is $0.
What are some comparable homes to 119 Grant Street?
There are currently no comparable homes to 119 Grant Street.
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