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Lexington 02421 Lexington Town Center
122 Worthen Rd
$885,000
● House - Off Market

122 Worthen Rd

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,121 Ft²
$1,820,441
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Completely renovated, ideally situated Colonial very close to downtown Lexington. New gas heating and central air (two zones), new 200 amp electrical service, 2 1/2 newly renovated bathrooms and newly renovated kitchen. First floor family room with slider to deck and finished family room in basement. Fireplaces in master bedroom and living room. Walk in closet in master bedroom. Appliances included.
Unit Size
2,121 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$424
Property Type
House
Property Taxes
$991
HOA Dues
-
Year Built
1968

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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 #71373366)

Price History

Date / Event Date Event Price
Jul 11, 2012 Sold
Premium
Sold
Apr 26, 2012 Listed by Housepad, LLc $899,900
Listed by Housepad, LLc

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,068
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,680
  • Total Building Area: 2,121
  • Gross Building Area: 3,865
  • Building Area: 2,121
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,121
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000383
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0040 L:000201
  • Lot: 201
  • Municipality: LEXINGTON
  • Latitude: 42.4404
  • Longitude: -71.2314

    Address

  • Full Address: 122 Worthen Rd
  • Address - House Number: 122
  • Address - Street Name: Worthen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C021
  • 4-Digit Zip Code: 7056
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,747,200

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,648,525
  • High Value: 1,940,696
  • Low Value: 1,356,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,344,000
  • Assessed Land Value: $811,000
  • Assessed Improvements Value: $533,000

    Sales

  • Current Sale Recording Date: Jul 11, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000160
  • Previous Sale Recording Date: Jul 11, 2012
  • 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

$587

Below Asking

0.01%

Average Days on Market

68

Average Home Size

3413 ft²

Average Home Age

82.5 years

Currently For Sale

21 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: 5 months ago
Data Source: MLS PIN, MLS# 71373366

Frequently Asked Questions

When was property at 122 Worthen Road built and last sold?
The property at 122 Worthen Road was built in 1968 and last sold on Jan 1, 1970 for $885,000.
How much is this home worth?
The estimated value of the home located at 122 Worthen Road is $925,225.
What are some comparable homes to 122 Worthen Road?
There are currently no comparable homes to 122 Worthen Road.
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