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Lexington 02421 Follen Heights
16 Brookside Avenue
Photo of 16 Brookside Avenue
Sold on Oct 29, 2007

1

Map

$541,000
● House - Off Market

16 Brookside Avenue

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,560 Ft²
$1,029,935
RealtyHop Estimate
91.26%
Since Nov 1, 2007
MA-Boston
Primary Model

About This Property

South facing, light and airy, this well maintained, freshly painted Village Colonial will delight you from the high ceilings & detailed moldings to the French Doors from the dining room to the patio & private backyard with lovely grounds, colorful flowers & mature trees. This appealing home has a separate building with electricity that contains 2 rooms (10x8 and 11x10)that would be ideal for an office, playhouse or studio. A must see energy efficient hm in the Bridge/Clarke Schls neighborhood!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$345
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1928

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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 #70643440)

Price History

Date / Event Date Event Price
Oct 29, 2007 Sold
Premium
Sold
Sep 6, 2007 Listed $538,500
Listed
Oct 30, 1992 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 7
  • Basement Area: 676
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,871
  • Total Building Area: 1,352
  • Gross Building Area: 2,748
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000709
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0024 L:000092
  • Lot: 92
  • Municipality: LEXINGTON
  • Latitude: 42.4318
  • Longitude: -71.2317

    Address

  • Full Address: 16 Brookside Ave
  • Address - House Number: 16
  • Address - Street Name: Brookside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C036
  • 4-Digit Zip Code: 7115
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,198,600

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,134,721
  • High Value: 1,313,303
  • Low Value: 956,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,000
  • Assessed Land Value: $659,000
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Recording Date: Oct 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00196528
  • Previous Sale Recording Date: Oct 30, 1992
  • Previous Sale Amount: $100,000
  • 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:

$1,389,000

Sale Price/ft²

$528

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 years

Currently For Sale

12 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# 70643440

Frequently Asked Questions

When was property at 16 Brookside Avenue built and last sold?
The property at 16 Brookside Avenue was built in 1928 and last sold on Jan 1, 1970 for $541,000.
How much is this home worth?
The estimated value of the home located at 16 Brookside Avenue is $559,257.
What are some comparable homes to 16 Brookside Avenue?
There are currently no comparable homes to 16 Brookside Avenue.
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