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Lexington 02421 Lexington Town Center
2 Warren Street
$800,000
● House - Off Market

2 Warren Street

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,821 Ft²
$1,706,592
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Munroe Hill colonial enhanced by architectural detail. Living rm features fireplace, hardwood with inlay, dentil moldings and 8 over 12 paned windows affording max light. Dining rm is accented by chair rail and curved fluted pilaster cabinets. A built-in breakfast "nook" sets the tone for the kitchen w/ Silestone counters, SS appliances, dual fuel range, good work space and cabinet storage.1st floor bedroom or pleasant office. Classic staircase leads to MBR w/dressing rm, 3rd BR and elegant bath
Unit Size
1,821 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$450
Property Type
House
Property Taxes
$882
HOA Dues
-
Year Built
1939

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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 #71395845)

Price History

Date / Event Date Event Price
Nov 29, 2012 Sold
Premium
Sold
Jun 12, 2012 Listed by Hammond Residential $819,900
Listed by Hammond Residential
May 31, 2007 Sold
Premium
Sold
Jan 4, 2007 Listed by Hammond Residential $819,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 696
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,632
  • Total Building Area: 1,801
  • Gross Building Area: 3,095
  • Building Area: 1,801
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,801
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0039 L:000018
  • Lot: 18
  • Municipality: LEXINGTON
  • Latitude: 42.4416
  • Longitude: -71.219

    Address

  • Full Address: 2 Warren St
  • Address - House Number: 2
  • Address - Street Name: Warren
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C004
  • 4-Digit Zip Code: 5625
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,625,000

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,532,109
  • High Value: 1,803,647
  • Low Value: 1,260,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,250,000
  • Assessed Land Value: $849,000
  • Assessed Improvements Value: $401,000

    Sales

  • Current Sale Recording Date: Nov 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000026
  • Previous Sale Recording Date: May 31, 2007
  • Previous Sale Amount: $819,000
  • 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:

$2,075,000

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4006 ft²

Average Home Age

77 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71395845

Frequently Asked Questions

When was property at 2 Warren Street built and last sold?
The property at 2 Warren Street was built in 1939 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 2 Warren Street is $845,402.
What are some comparable homes to 2 Warren Street?
There are currently no comparable homes to 2 Warren Street.
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