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Lexington 02420 North Lexington
2 Diamond Road
$1,450,000
● House - Off Market

2 Diamond Road

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,380 Ft²
$2,909,290
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

This sun filled 5 bed, 4.5 bath home offers a truly striking open concept design, featuring oversize windows that welcome natural light, distinctive finishes, including custom crown molding framing the ceilings, and wide oak flooring. The roomy chef's kitchen includes Viking Professional appliances, custom built cabinetry with quartz stone surface and an island with additional storage.  4,380 s.f. on 2 splendid floors with large closets, additional storage and the ability to build out the 3rd floor and basement. Professional landscape design that creates a private, peaceful setting on this large lot and a rear deck leading to a magnificent backyard oasis.  Located in the new Estabrook School District and one block to Kinneen's Park.
Unit Size
4,380 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$363
Property Type
House
Property Taxes
$833,333
HOA Dues
-
Year Built
2014

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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 #71737393)

Price History

Date / Event Date Event Price
Nov 17, 2014 Sold
Premium
Sold
Sep 3, 2014 Listed by Griffin Properties, Inc. $1,590,000
Listed by Griffin Properties, Inc.
May 9, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • 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: 1,979
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,435
  • Total Building Area: 4,317
  • Gross Building Area: 9,591
  • Building Area: 4,317
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,317
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEXINGTON PLAN 1596
  • Land Acres: 0000000699
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0077 L:000142
  • Lot: 142
  • Municipality: LEXINGTON
  • Latitude: 42.4699
  • Longitude: -71.2337

    Address

  • Full Address: 2 Diamond Rd
  • Address - House Number: 2
  • Address - Street Name: Diamond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1611
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,385,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,363,260
  • High Value: 2,747,515
  • Low Value: 1,979,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,835,000
  • Assessed Land Value: $656,000
  • Assessed Improvements Value: $1,179,000

    Sales

  • Current Sale Recording Date: Nov 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175720
  • Previous Sale Recording Date: May 09, 2013
  • Previous Sale Amount: $618,000
  • Previous Sale Document Type: O
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:

$1,600,000

Sale Price/ft²

$561

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71737393

Frequently Asked Questions

When was property at 2 Diamond Road built and last sold?
The property at 2 Diamond Road was built in 2014 and last sold on Jan 1, 1970 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 2 Diamond Road is $1,597,550.
What are some comparable homes to 2 Diamond Road?
There are currently no comparable homes to 2 Diamond Road.
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