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Lexington 02421 Five Fields
16 Benjamin Rd.
$492,700
● House - Off Market

16 Benjamin Rd.

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,348 Ft²
$964,759
RealtyHop Estimate
87.33%
Since Aug 1, 2004
MA-Boston
Primary Model

About This Property

Take a good look it's a lot of house!  A bright freshly painted home with gleaming hardwood floors in desirable Lexington.  This six room home boasts a large living room, dining room, eat-in kitchen, three full size bedrooms, and a full bathroom upstairs.  Half bathroom, and laundry in the downstairs, with additional storage space.  Watch the color of the seasons change in your own large private yard.  Easy access to Rte.2 and Rte. 128.  Come and make it your own!
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$382
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
2016

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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 #70026893)

Price History

Date / Event Date Event Price
Jul 21, 2004 Sold
Premium
Sold
Apr 30, 2004 Listed by Re/max Walden Country, Inc. $515,000
Listed by Re/max Walden Country, Inc.

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,087
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,324
  • Total Building Area: 4,022
  • Gross Building Area: 8,332
  • Building Area: 4,022
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,022
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000329
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0011 L:000016
  • Lot: 16
  • Municipality: LEXINGTON
  • Latitude: 42.4211
  • Longitude: -71.2439

    Address

  • Full Address: 16 Benjamin Rd
  • Address - House Number: 16
  • Address - Street Name: Benjamin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C009
  • 4-Digit Zip Code: 8006
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,314,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,221,997
  • High Value: 2,583,284
  • Low Value: 1,860,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,780,000
  • Assessed Land Value: $672,000
  • Assessed Improvements Value: $1,108,000

    Sales

  • Current Sale Recording Date: Jul 21, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1342756
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 Five Fields

Stats & Trends

Median Asking:

$1,920,000

Sale Price/ft²

$580

Above Asking

0.00%

Average Days on Market

63

Average Home Size

5147 ft²

Average Home Age

47.5 years

Currently For Sale

2 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: 4 months ago
Data Source: MLS PIN, MLS# 70026893

Frequently Asked Questions

When was property at 16 Benjamin Road built and last sold?
The property at 16 Benjamin Road was built in 2016 and last sold on Jan 1, 1970 for $492,700.
How much is this home worth?
The estimated value of the home located at 16 Benjamin Road is $518,547.
What are some comparable homes to 16 Benjamin Road?
There are currently no comparable homes to 16 Benjamin Road.
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