16 Lexington Lane
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Hayden Rowe Properties | $735,000 | |
| Listed by Hayden Rowe Properties | |||
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Welcome to 16 Lexington Ln, a beautifully maintained 4 bedroom home in a wonderful neighborhood setting. This property offers the perfect blend of comfort, convenience, and space, featuring a large, level backyard ideal for outdoor living and entertaining. Inside, you’ll find a great floor plan with a spacious family room that provides the perfect gathering space for relaxing or hosting guests, a beautiful eat-in kitchen, cozy dining room and fireplaced living room. The 2nd floor provides 4 bedrooms with hardwood floors throughout and a full bath. The home is equipped with central air for year-round comfort and also features an oversized garage offering exceptional storage and versatility. Located just minutes from the Norfolk Commuter Rail Station, this property is a dream for commuters seeking an easy ride into Boston while enjoying the charm of suburban living. Don’t miss this opportunity to own a wonderful home in a fantastic neighborhood!
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| Aug 30, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Realty Executives Boston West | $529,900 | |
| Listed by Realty Executives Boston West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017