$590,000
●
Condo -
Off Market
2 Smith Farm Lane #2
Lexington, MA 02421
2 Beds
3 Baths,
1
Half Bath
1,903 Ft²
$1,304,919
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model
About This Property
RENOVATED 18TH CENTURY BARN, CUSTOM BEADBOARD KITCHEN, GRANITE
COUNTERTOPS, STAINLESS APPLIANCES, GLEAMING WIDE OAK FLOORING,
AUTHENTIC EXPOSED BEAMS, LARGE INVITING PRIVATE PATIO. ONLY 16 TO
BE BUILT. MODEL OPEN. VISIT SALES OFFICE
Unit Size
1,903 Ft²
Days on Market
-
Land Size
-
Price per sqft
$315
Property Type
Condo
Property Taxes
-
HOA Dues
$322
Year Built
2002
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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 years ago (MLSPIN #30590543)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2009 | Sold | ||
| Sold | |||
| Aug 4, 2009 | Listed by Coldwell Banker Realty - Lexington | $555,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| | |||
|
Southern exposure, walls of glass, lofted spaces & cathedral ceilings all seem to infuse this fantastic open concept townhome with amazing natural light. This elegant home features a serene setting. Rustic beams used as decorative accents throughout. Custom kitchen with granite countertops and stainless appliances. Also, hardwood floors,two car garage,gas fireplace,central air,central vacuum,wired for sound system,security system,heat alarm & abundant storage.
| |||
| Jan 20, 2003 | Sold | ||
| Sold | |||
| Mar 23, 2002 | Listed by The Collaborative Companies | $599,900 | |
| Listed by The Collaborative Companies | |||
Property Highlights
Air Conditioning
Garage
Interior Details
Level: First
Width: 11
Length: 11
Area: 121
Level: Third
Level: Third
Width: 15
Length: 11
Area: 165
Width: 11
Length: 10
Level: First
Area: 110
Length: 21
Level: First
Area: 231
Width: 11
Level: First
Level: Second
Length: 16
Width: 11
Area: 176
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater
Flooring Type: Wood, Tile, Carpet
Laundry Features: Second Floor
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Deeded
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Under Construction
PropertySubType: Condominium
Building Name: Olde Smith Farm
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 4287510
Water Source: Public, City/Town Water
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $322
Community Features: Shopping, Park, Walk/Jog Trails
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/04/2009
|
2 Bed
|
3 Bath
|
2070 ft²
|
$555,000
2 Bed
3 Bath
2070 ft²
|
$535,000
-3.60%
08/21/2009
|
Karen Butt
Compass
| |
|
03/23/2002
|
2 Bed
|
3 Bath
|
1903 ft²
|
$599,900
2 Bed
3 Bath
1903 ft²
|
$590,000
-1.65%
01/20/2003
|
Sue Hawkes
The Collaborative Companies
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017