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Lexington 02420 Countryside
16 Village Cir
$1,810,000
● House - Off Market

16 Village Cir

Lexington, MA 02420
bedrooms
7 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,898 Ft²
$2,037,442
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

This is the home you've been waiting for! This 7 bed/4.5bath Colonial in a cul-de-sac with walking distance to school, bike way & conservation trails features cathedral ceilings in the first floor allowing ample of light flow into the rooms. This level offers an open concept kitchen with breakfast area and access to the spacious deck overlooking to the backyard. Fire-placed den and 3 additional bedrooms, one of which ensuite and additional bath. Upstairs you can find a spacious master bedroom with spa bath and dual walk-in closets, 3 additional bedrooms and laundry. Walkout lower level features a massive family/game/exercise room and a custom fire-placed library and a large office. The backyard is an entertainment haven, leveled with plenty of space, perfect for summer days spent on the deck or patio. A must see!
Unit Size
4,898 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$398
Property Type
House
Property Taxes
$1,779
HOA Dues
-
Year Built
1971

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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 #72982895)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
May 17, 2022 Listed by Coldwell Banker Realty - Lexington $1,950,000
Listed by Coldwell Banker Realty - Lexington
Jun 6, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 7
  • 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: 272
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,727
  • Total Building Area: 3,514
  • Gross Building Area: 6,014
  • Building Area: 3,514
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,514
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000476
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0038 L:000070
  • Lot: 70
  • Municipality: LEXINGTON
  • Latitude: 42.4401
  • Longitude: -71.2011

    Address

  • Full Address: 16 Village Cir
  • Address - House Number: 16
  • Address - Street Name: Village
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2631
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,195,700

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 2,100,975
  • High Value: 2,263,770
  • Low Value: 1,938,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,689,000
  • Assessed Land Value: $662,000
  • Assessed Improvements Value: $1,027,000

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117798
  • Previous Sale Recording Date: Jun 06, 1995
  • Previous Sale Amount: $395,000
  • 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 Countryside

Stats & Trends

Median Asking:

$1,750,000

Sale Price/ft²

$530

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4193 ft²

Average Home Age

46.7 years

Currently For Sale

14 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# 72982895

Frequently Asked Questions

When was property at 16 Village Circle built and last sold?
The property at 16 Village Circle was built in 1971 and last sold on Aug 1, 2022 for $1,810,000.
How much is this home worth?
The estimated value of the home located at 16 Village Circle is $1,958,920.
What are some comparable homes to 16 Village Circle?
There are currently no comparable homes to 16 Village Circle.
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