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Lexington 02420 Lexington Town Center
12 Fairfield Drive
Photo of 12 Fairfield Drive

1

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$1,349,000
● House - Off Market

12 Fairfield Drive

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,874 Ft²
$7,943
Est. Monthly

About This Property

Beautifully updated  in 2002, this Deerfield Colonial boasts enchanting grounds. A stunning gourmet eat-in Kitchen with sparkling spring rose granite counters, skylights, DCS and restaurant-grade appliances opens to a comfortable sun-filled Family Room.  Walls of glass offer views of the landscaped grounds w/ mature plantings & ornamental trees.  The luxurious Master Suite invites with charming Terrace overlooking beautiful four season color, brick patio & crushed stone paths.  A treasure!
Unit Size
3,874 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$348
Property Type
House
Property Taxes
$1,319
HOA Dues
-
Year Built
1974

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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: 13 days ago (MLSPIN #71230345)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 2, 2023 In contract -
In contract
May 10, 2023 Listed by Coldwell Banker Residential Brokerage - Lexington $1,999,999
Listed by Coldwell Banker Residential Brokerage - Lexington
Oct 2, 2018 Sold
Premium
Sold
Jun 20, 2018 Listed by Coldwell Banker Residential Brokerage - Lexington $1,489,500
Listed by Coldwell Banker Residential Brokerage - Lexington
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,214
  • Total Building Area: 3,396
  • Gross Building Area: 6,414
  • Building Area: 3,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,396
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000487
  • 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:000098
  • Lot: 98
  • Municipality: LEXINGTON
  • Latitude: 42.4529
  • Longitude: -71.214

    Address

  • Full Address: 12 Fairfield Dr
  • Address - House Number: 12
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lexington
  • Carrier Code: C038
  • 4-Digit Zip Code: 2101
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,462,200

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 2,007,443
  • High Value: 2,461,940
  • Low Value: 1,552,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,894,000
  • Assessed Land Value: $829,000
  • Assessed Improvements Value: $1,065,000

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80842
  • Previous Sale Recording Date: Oct 02, 2018
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$2,174,500

Sale Price/ft²

$591

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3826 ft²

Average Home Age

77.6 years

Currently For Sale

16 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: 13 days ago
Data Source: MLS PIN, MLS# 71230345

Frequently Asked Questions

When was property at 12 Fairfield Drive built and last sold?
The property at 12 Fairfield Drive was built in 1974 and last sold on Jul 21, 2023 for $1,960,000.
How much is this home worth?
The estimated value of the home located at 12 Fairfield Drive is $2,016,028.
What are some comparable homes to 12 Fairfield Drive?
There are currently no comparable homes to 12 Fairfield Drive.
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