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Lexington 02421 North Lexington
16 Richmond Circle
$1,650,000
● House - Off Market

16 Richmond Circle

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4,739 Ft²
$2,912,978
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Better than new! Five Bedroom 6 Bath Colonial in prime cul-de-sac setting at Pine Meadows! This mint 2011 home with four finished floors offers exceptional taste and quality at every turn.  Stunning Kitchen with Thermador appliances and sunny Breakfast area opens onto a private Deck with peaceful year-round views. Cathedral Family Room with floor-to-ceiling fieldstone fireplace, five-star Master Suite and fireplace, sitting area, cathedral ceiling, and luxurious Bath with steam shower, soaking Tub and wall of glass.  Third floor Guest or Teenage Suite, walk-out Lower Level with Game Room.  Study, Mudroom, high end millwork and built-ins throughout.  Gorgeous home that caters to your every want. Move in time for this season's Annual Block Party!
Unit Size
4,739 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$354
Property Type
House
Property Taxes
$1,694
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 #71851249)

Price History

Date / Event Date Event Price
Jul 30, 2015 Sold
Premium
Sold
Jun 4, 2015 Listed by Coldwell Banker Residential Brokerage - Lexington $1,679,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,556
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,915
  • Total Building Area: 3,660
  • Gross Building Area: 6,524
  • Building Area: 3,660
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,660
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE MDW FARM
  • Land Acres: 0000000365
  • 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:0066 L:00062L
  • Lot: 62L
  • Municipality: LEXINGTON
  • Latitude: 42.4561
  • Longitude: -71.2519

    Address

  • Full Address: 16 Richmond Cir
  • Address - House Number: 16
  • Address - Street Name: Richmond
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lexington
  • Carrier Code: C027
  • 4-Digit Zip Code: 6542
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,462,200

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,412,216
  • High Value: 2,839,737
  • Low Value: 1,984,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,894,000
  • Assessed Land Value: $776,000
  • Assessed Improvements Value: $1,118,000

    Sales

  • Current Sale Recording Date: Jul 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125293
  • Previous Sale Recording Date: Feb 19, 2014
  • 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:

$1,599,000

Sale Price/ft²

$563

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71851249

Frequently Asked Questions

When was property at 16 Richmond Circle built and last sold?
The property at 16 Richmond Circle was built in 2011 and last sold on Jan 1, 1970 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 16 Richmond Circle is $1,693,780.
What are some comparable homes to 16 Richmond Circle?
There are currently no comparable homes to 16 Richmond Circle.
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