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Lexington 02420 Lexington Town Center
13 Hancock Ave
$1,350,000
● House - Off Market

13 Hancock Ave

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,432 Ft²
$1,909,789
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Graciously sited in one of Lexington's finest neighborhoods, this exceptionally cared for and updated 1860 colonial is prominently sited on a manicured .4 acres, abutting the bike path, conservation land and a short distance to Lexington Center.  The first floor features an open living room, dining room with gas fireplace, a family room with custom built-ins and the extra large country kitchen which opens to a fabulous deck perfect for entertaining or relaxing.  The second floor offers 2 spacious bedrooms, an updated family bath and a wonderful master suite.  Don't miss the third floor bonus room.  Spend time in the yard enjoying the beautiful perennials which are a gardeners delight.  This is a rare opportunity to find a home on a dead end street yet so close to all that Lexington has to offer.
Unit Size
3,432 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$321
Property Type
House
Property Taxes
$1,185
HOA Dues
-
Year Built
1860

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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 #71832109)

Price History

Date / Event Date Event Price
Aug 3, 2015 Sold
Premium
Sold
May 7, 2015 Listed by William Raveis R.E. & Home Services $1,100,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,555
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,700
  • Total Building Area: 4,209
  • Gross Building Area: 7,919
  • Building Area: 4,209
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,209
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000429
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: ND

Geography

  • Parcel: LEXI M:0056 L:000031
  • Lot: 31
  • Municipality: LEXINGTON
  • Latitude: 42.4537
  • Longitude: -71.2306

    Address

  • Full Address: 13 Hancock Ave
  • Address - House Number: 13
  • Address - Street Name: Hancock
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C043
  • 4-Digit Zip Code: 3412
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,439,100

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 2,316,601
  • High Value: 2,842,105
  • Low Value: 1,791,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,107,000
  • Assessed Land Value: $944,000
  • Assessed Improvements Value: $163,000

    Sales

  • Current Sale Recording Date: Aug 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127970
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

$591

Below Asking

0.01%

Average Days on Market

71

Average Home Size

3553 ft²

Average Home Age

80.3 years

Currently For Sale

23 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# 71832109

Frequently Asked Questions

When was property at 13 Hancock Avenue built and last sold?
The property at 13 Hancock Avenue was built in 1860 and last sold on Jan 1, 1970 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 13 Hancock Avenue is $1,188,972.
What are some comparable homes to 13 Hancock Avenue?
There are currently no comparable homes to 13 Hancock Avenue.
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