1
Map
$535,000
●
Condo -
Off Market
2 Smith Farm Lane #2
Lexington, MA 02421
2 Beds
2 Baths,
1
Half Bath
2,070 Ft²
$1,141,776
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model
About This Property
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.
Unit Size
2,070 Ft²
Days on Market
-
Land Size
-
Price per sqft
$268
Property Type
Condo
Property Taxes
$617
HOA Dues
$494
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 months ago (MLSPIN #70956699)
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 | |||
| | |||
|
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
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Other, Countertops - Stone/Granite/Solid, Loft, Bathroom
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Wood, Tile, Carpet
Door Features: Insulated Doors
Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 2070
Square Footage Source: $0
Security Features: Security System
Year Built Source: Public Records
Year Built: 2002
Building Name: Olde Smith Farm
Building Area Total: 2070
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $571,000
Tax Annual Amount: $7,406
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $494
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017