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Lexington 02421 Follen Heights
20 Robbins Rd
$960,000
● House - Off Market

20 Robbins Rd

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,303 Ft²
$1,491,680
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Custom Follen Hill Center Entrance Colonial with many updates. Fresh paint,  Kitchen with granite counters, gas heating system, newer architectural shingle  roof, vaulted family room addition with skylights, central air conditioning, two new baths including master bedroom En Suite with radiant heat bath. Bluestone walkway and patio, French doors, oversize garage with automatic door opener.  Walk to desirable Bowman Elementary and Clarke Middle School, short walk to Wilson Farms, public transportation and Minuteman Bike Trail.
Unit Size
2,303 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$391
Property Type
House
Property Taxes
$1,045
HOA Dues
-
Year Built
1929

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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 #72048494)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Aug 4, 2016 Listed by Coldwell Banker Residential Brokerage - Lexington $899,900
Listed by Coldwell Banker Residential Brokerage - Lexington
Dec 28, 2001 Sold
Premium
Sold
Oct 11, 2001 Listed by Coldwell Banker Residential Brokerage - Lexington $650,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 916
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,427
  • Gross Building Area: 3,655
  • Building Area: 2,427
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,427
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0022 L:000260
  • Lot: 260
  • Municipality: LEXINGTON
  • Latitude: 42.4311
  • Longitude: -71.2132

    Address

  • Full Address: 20 Robbins Rd
  • Address - House Number: 20
  • Address - Street Name: Robbins
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C029
  • 4-Digit Zip Code: 5906
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,602,900

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,498,090
  • High Value: 1,763,599
  • Low Value: 1,232,581

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,233,000
  • Assessed Land Value: $837,000
  • Assessed Improvements Value: $396,000

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Oct 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1744991
  • Previous Sale Recording Date: Dec 28, 2001
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: 48
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 Follen Heights

Stats & Trends

Median Asking:

$1,389,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 years

Currently For Sale

12 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# 72048494

Frequently Asked Questions

When was property at 20 Robbins Road built and last sold?
The property at 20 Robbins Road was built in 1929 and last sold on Oct 28, 2016 for $960,000.
How much is this home worth?
The estimated value of the home located at 20 Robbins Road is $930,910.
What are some comparable homes to 20 Robbins Road?
There are currently no comparable homes to 20 Robbins Road.
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