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Lexington 02421 Idylwide
18 Spring St
Photo of 18 Spring St
Sold on Aug 29, 2025

21

Map

Photo of 18 Spring St
Photo of 18 Spring St
$785,000
● House - Off Market

18 Spring St

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,333 Ft²
$4,901
Est. Monthly
3.64%
Cap Rate

About This Property

Great opportunity for a phenomenal location in Lexington. Great for buyers looking to decorate to their personal taste or for developers. Large 12,897 sq ft lot with deep backyard over 300 feet from front of lot.  Hardwood floors in most rooms. First floor open layout has living room, dining room and kitchen and front and back porches. Second floor has bedrooms with windowed closets and full bath. Two car driveway. Full basement with a separate back exit. Oil heat and continuous hot water plus hookups for washer/dryer and gas. Town plows sidewalk to nearby Bridge Elementary, Clarke Middle School, and Lexington High. Near Lexington center, Route I-95/128, 2, 2A, etc. Very near bus stop to Alewife on Marrett Road, Old Reservoir's swimming and fishing, and Hayden Woods trails.
Unit Size
1,333 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$611
Property Type
House
Property Taxes
$899
HOA Dues
-
Year Built
1917

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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: 2 years ago (MLSPIN #73355935)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Jun 27, 2025 In contract -
In contract
May 31, 2025 Price Decreased $815,000
↓ $30K (3.6%)
Price Decreased
May 1, 2025 Price Decreased $845,000
↓ $45K (5.1%)
Price Decreased
Apr 7, 2025 Listed by Tai Tung Realty, Inc. $890,000
Listed by Tai Tung Realty, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 576
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,897
  • Total Building Area: 1,333
  • Gross Building Area: 2,234
  • Building Area: 1,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,333
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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:0025 L:000213
  • Lot: 213
  • Municipality: LEXINGTON
  • Latitude: 42.433
  • Longitude: -71.2425

    Address

  • Full Address: 18 Spring St
  • Address - House Number: 18
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C042
  • 4-Digit Zip Code: 7958
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $993,200

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,026,083
  • High Value: 1,192,920
  • Low Value: 859,246

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $764,000
  • Assessed Land Value: $518,000
  • Assessed Improvements Value: $246,000
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 Idylwide

Stats & Trends

Median Asking:

$1,849,500

Sale Price/ft²

$552

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2931 ft²

Average Home Age

61.5 years

Currently For Sale

4 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: 2 years ago
Data Source: MLS PIN, MLS# 73355935

Frequently Asked Questions

When was property at 18 Spring Street built and last sold?
The property at 18 Spring Street was built in 1917 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18 Spring Street is $0.
What are some comparable homes to 18 Spring Street?
There are currently no comparable homes to 18 Spring Street.
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