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Lexington 02421 Follen Heights
14 King St
$995,000
● House - Off Market

14 King St

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,800 Ft²
$2,114,780
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Blurring the lines between VACATION LIFESTYLE & permanent residence, this home is nestled in FOLLEN HILL & offers BREATHTAKING VIEWS of Wilson Farm. Virtually NEW CONSTRUCTION compliments the original cottage, includes 4TH BED/GUESToption. Elite CRAFTSMANSHIP pays homage to the homes HERITAGE. The 1st floor offers large & SUN-SOAKED living spaces, open kitchen w/MARBLE ISLAND, office w/2 walls of windows. MASTER SUITE w/10ft ceilings & well proportioned bedrooms, 2nd floor laundry.A MUST SEE!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$355
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912

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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: 6 months ago (MLSPIN #71355732)

Price History

Date / Event Date Event Price
Dec 17, 2020 Sold
Premium
Sold
Nov 3, 2020 Listed by The Attias Group, LLC $1,399,000
Listed by The Attias Group, LLC
Apr 30, 2012 Sold
Premium
Sold
Mar 22, 2012 Listed by The Attias Group, LLC $995,000
Listed by The Attias Group, LLC
Jun 30, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,269
  • Total Building Area: 2,463
  • Gross Building Area: 3,080
  • Building Area: 2,463
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,463
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEXINGTON
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0014 L:00121B
  • Lot: 121B
  • Municipality: LEXINGTON
  • Latitude: 42.4273
  • Longitude: -71.2093

    Address

  • Full Address: 14 King St
  • Address - House Number: 14
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C032
  • 4-Digit Zip Code: 6035
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,784,900

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,600,724
  • High Value: 1,860,995
  • Low Value: 1,340,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,373,000
  • Assessed Land Value: $580,000
  • Assessed Improvements Value: $793,000

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 241234
  • Previous Sale Recording Date: Apr 30, 2012
  • Previous Sale Amount: $995,000
  • Previous Sale Document Type: O
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 Follen Heights

Stats & Trends

Median Asking:

$1,400,000

Sale Price/ft²

$526

Below Asking

0.02%

Average Days on Market

58

Average Home Size

4018 ft²

Average Home Age

49.8 years

Currently For Sale

10 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: 6 months ago
Data Source: MLS PIN, MLS# 71355732

Frequently Asked Questions

When was property at 14 King Street built and last sold?
The property at 14 King Street was built in 1912 and last sold on Dec 11, 2020 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 14 King Street is $1,418,284.
What are some comparable homes to 14 King Street?
There are currently no comparable homes to 14 King Street.
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