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Lexington 02421 North Lexington
157 Cedar Street
Photo of 157 Cedar Street
Sold on Jul 8, 2011

1

Map

$1,380,000
● House - Off Market

157 Cedar Street

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,300 Ft²
$3,002,307
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Stunning new colonial built with quality and craftmanship, on spacious level lot. Choice location near walking trails and Pine Meadows Golf Course. Traditional Farmers Porch, home has inviting floor plan for entertaining as well as informal enjoyment.  Gourmet chef's kitchen, richly detailed cherry cabinets, granite countertops, and oversized center island. Luxurious master suite w/sitting area & add'l bedrms have direct entry to full baths. Bonus finished 3rd. floor offers flexible living space
Unit Size
4,300 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$339
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

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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: 4 months ago (MLSPIN #71197950)

Price History

Date / Event Date Event Price
Apr 28, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed by The Higgins Group REALTORS® $2,050,000
Listed by The Higgins Group REALTORS®
Jul 8, 2011 Sold
Premium
Sold
Mar 10, 2011 Listed by The Higgins Group REALTORS® $1,459,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,736
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,803
  • Total Building Area: 4,752
  • Gross Building Area: 8,438
  • Building Area: 4,752
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 4,752
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358600

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0058 L:000002
  • Lot: 2
  • Municipality: LEXINGTON
  • Latitude: 42.4551
  • Longitude: -71.2482

    Address

  • Full Address: 157 Cedar St
  • Address - House Number: 157
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C027
  • 4-Digit Zip Code: 6507
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,576,600

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,551,770
  • High Value: 3,004,024
  • Low Value: 2,099,515

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,982,000
  • Assessed Land Value: $743,000
  • Assessed Improvements Value: $1,239,000

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1878250
  • Previous Sale Recording Date: Jul 08, 2011
  • Previous Sale Amount: $1,380,000
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,630,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3578 ft²

Average Home Age

45.6 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 71197950

Frequently Asked Questions

When was property at 157 Cedar Street built and last sold?
The property at 157 Cedar Street was built in 2011 and last sold on Apr 28, 2021 for $2,050,000.
How much is this home worth?
The estimated value of the home located at 157 Cedar Street is $2,096,567.
What are some comparable homes to 157 Cedar Street?
There are currently no comparable homes to 157 Cedar Street.
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