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Lexington 02420 North Lexington
16 Blake Road
$1,050,000
● House - Off Market

16 Blake Road

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,238 Ft²
$2,441,080
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Elegant, exquisitely maintained classic center entrance colonial on sun-filled half-acre. Dramatic two-story foyer opens to expansive living room, formal dining room, and handsome fireplaced library, all reflecting superb taste.  Perfect entertaining spaces.  Fabulous cook's kitchen, large family room, 5 spacious bedrooms, 4 1/2 baths, oversized 2-car heated garage.  Master bedroom has 2 walk-in closets, bath with spa tub and shower. Screened-in porch and deck.  Move-in condition.  A beauty.
Unit Size
4,238 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$283
Property Type
House
Property Taxes
$1,346
HOA Dues
-
Year Built
1987

Payment Calculator

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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 #71377435)

Price History

Date / Event Date Event Price
Aug 23, 2012 Sold
Premium
Sold
May 3, 2012 Listed by Coldwell Banker Residential Brokerage - Lexington $1,199,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Aug 21, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 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: 1,521
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,649
  • Total Building Area: 4,017
  • Gross Building Area: 6,704
  • Building Area: 4,017
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,017
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000543
  • 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:0071 L:00267N
  • Lot: 267N
  • Municipality: LEXINGTON
  • Latitude: 42.4641
  • Longitude: -71.2339

    Address

  • Full Address: 16 Blake Rd
  • Address - House Number: 16
  • Address - Street Name: Blake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C019
  • 4-Digit Zip Code: 3202
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,320,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,206,951
  • High Value: 2,555,065
  • Low Value: 1,858,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,785,000
  • Assessed Land Value: $786,000
  • Assessed Improvements Value: $999,000

    Sales

  • Current Sale Recording Date: Aug 23, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000017
  • Previous Sale Recording Date: Aug 21, 1990
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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:

$1,600,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3612 ft²

Average Home Age

45.5 years

Currently For Sale

27 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# 71377435

Frequently Asked Questions

When was property at 16 Blake Road built and last sold?
The property at 16 Blake Road was built in 1987 and last sold on Jan 1, 1970 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 16 Blake Road is $1,199,163.
What are some comparable homes to 16 Blake Road?
There are currently no comparable homes to 16 Blake Road.
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