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Lexington 02421 Lexington Town Center
2 Hill St.
Photo of 2 Hill St.
Sold on Aug 30, 2006

1

Map

$525,000
● House - Off Market

2 Hill St.

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,846 Ft²
$1,043,928
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

Recent updates and classic charm co -mingle in this hip-roof village Colonial.  Walk to bike path, town center and to public transportation.  Newer garage, family room and master bedroom, the latter with a cathedral ceiling and overlooking level backyard.
Unit Size
1,846 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$311
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 5 months ago (MLSPIN #70348021)

Price History

Date / Event Date Event Price
Mar 9, 2011 Sold
Premium
Sold
Sep 30, 2010 Listed $635,000
Listed
Aug 30, 2006 Sold
Premium
Sold
Mar 15, 2006 Listed $575,000
Listed
Mar 24, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 690
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,400
  • Total Building Area: 1,843
  • Gross Building Area: 3,942
  • Building Area: 1,843
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,843
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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:0064 L:000009
  • Lot: 9
  • Municipality: LEXINGTON
  • Latitude: 42.4559
  • Longitude: -71.2358

    Address

  • Full Address: 2 Hill St
  • Address - House Number: 2
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C035
  • 4-Digit Zip Code: 4304
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,137,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 1,177,932
  • High Value: 1,388,037
  • Low Value: 967,827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $875,000
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $412,000

    Sales

  • Current Sale Recording Date: Mar 09, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: Aug 30, 2006
  • Previous Sale Amount: $525,000
  • 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 Lexington Town Center

Stats & Trends

Median Asking:

$2,199,000

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

73

Average Home Size

3673 ft²

Average Home Age

75.8 years

Currently For Sale

25 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70348021

Frequently Asked Questions

When was property at 2 Hill Street built and last sold?
The property at 2 Hill Street was built in 1915 and last sold on Jan 1, 1970 for $602,000.
How much is this home worth?
The estimated value of the home located at 2 Hill Street is $670,540.
What are some comparable homes to 2 Hill Street?
There are currently no comparable homes to 2 Hill Street.
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