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Lexington 02420 Arlington Heights
12 Evergreen Ln
$1,250,000
● House - Off Market

12 Evergreen Ln

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,082 Ft²
$2,087,830
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

Move right in for the holidays!! New Construction on the Arlington line.  Totally rebuilt/new home has all the bells and whistles.  Open floor plan with huge kitchen and large island, living room with fireplace, dining space with room for all the holidays and a nook for your baby grand piano. First floor bedroom with full bath and office/family room help to accommodate the whole family. 2nd floor vaulted master bedroom with walk-in closet and spa bath.  Office/nursery adjacent.  Full laundry room and 2 additional bedrooms with family bath finish the second floor.  Lower level with mudroom, storage and direct access to two car garage with room for bikes, etc. Wooded lot gives vista for some for some down time on the deck. All the bells and whistles!
Unit Size
3,082 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$421
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1890

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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 #72089321)

Price History

Date / Event Date Event Price
Mar 3, 2017 Sold
Premium
Sold
Nov 3, 2016 Listed by Old New England Properties $1,299,000
Listed by Old New England Properties
Jun 26, 2015 Sold
Premium
Sold
Apr 10, 2015 Listed by Old New England Properties $599,900
Listed by Old New England Properties

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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: 684
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 3,026
  • Gross Building Area: 5,760
  • Building Area: 3,026
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0020 L:000001
  • Lot: 1
  • Municipality: LEXINGTON
  • Latitude: 42.4328
  • Longitude: -71.1854

    Address

  • Full Address: 12 Evergreen Ln
  • Address - House Number: 12
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2824
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,911,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,917,324
  • High Value: 2,352,255
  • Low Value: 1,482,394

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,470,000
  • Assessed Land Value: $617,000
  • Assessed Improvements Value: $853,000

    Sales

  • Current Sale Recording Date: Mar 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32966
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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 Arlington Heights

Stats & Trends

Median Asking:

$1,085,000

Sale Price/ft²

$565

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3531 ft²

Average Home Age

48.8 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72089321

Frequently Asked Questions

When was property at 12 Evergreen Lane built and last sold?
The property at 12 Evergreen Lane was built in 1890 and last sold on Jan 1, 1970 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 12 Evergreen Lane is $1,306,005.
What are some comparable homes to 12 Evergreen Lane?
There are currently no comparable homes to 12 Evergreen Lane.
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