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Lexington 02421 Follen Heights
149 Concord Ave
$935,000
● House - Off Market

149 Concord Ave

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,267 Ft²
$948,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Rare find! Quality built one level home with a direct entry 2 car garage set on a lush 1/2 acre lot. Well maintained with system updates including a Buderus High-Efficiency Boiler, 200 Amp electric service and central A/C. Bring your design ideas, as there is tremendous opportunity to simply refresh or enlarge this delightful home which offers custom features including the arched foyer and living room with built-ins flanking the fireplace. The sunroom, with Pella windows, is flooded with light and offers scenic views. The walkout lower level offers a light filled family room with picture windows and charming stone fireplace. Also, an office or bonus room  with adjacent private bath with shower. Even more LL space for storage or crafts or workshop. It's a gem, so don't miss out on this Fall listing.
Unit Size
2,267 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$418
Property Type
House
Property Taxes
$954
HOA Dues
-
Year Built
1953

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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 #73166332)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
Oct 12, 2023 In contract -
In contract
Oct 3, 2023 Listed by William Raveis R.E. & Home Services $948,000
Listed by William Raveis R.E. & Home Services
Mar 24, 1987 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,332
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,163
  • Total Building Area: 1,512
  • Gross Building Area: 3,604
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000486
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0004 L:000048
  • Lot: 48
  • Municipality: LEXINGTON
  • Latitude: 42.415
  • Longitude: -71.2161

    Address

  • Full Address: 149 Concord Ave
  • Address - House Number: 149
  • Address - Street Name: Concord
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C006
  • 4-Digit Zip Code: 8203
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,145,300

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 981,919
  • High Value: 1,058,004
  • Low Value: 905,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $881,000
  • Assessed Land Value: $567,000
  • Assessed Improvements Value: $314,000

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1947050
  • Previous Sale Recording Date: Mar 24, 1987
  • Previous Sale Amount: $252,000
  • 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 Follen Heights

Stats & Trends

Median Asking:

$1,400,000

Sale Price/ft²

$528

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3851 ft²

Average Home Age

54.7 years

Currently For Sale

11 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# 73166332

Frequently Asked Questions

When was property at 149 Concord Avenue built and last sold?
The property at 149 Concord Avenue was built in 1953 and last sold on Nov 7, 2023 for $935,000.
How much is this home worth?
The estimated value of the home located at 149 Concord Avenue is $978,372.
What are some comparable homes to 149 Concord Avenue?
There are currently no comparable homes to 149 Concord Avenue.
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