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Lexington 02420 North Lexington
21 Nichols Rd
Photo of 21 Nichols Rd
Sold on Oct 30, 2009

1

Map

$612,000
● House - Off Market

21 Nichols Rd

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,763 Ft²
$1,318,191
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Woodwork, built-ins, and cozy niches abound in this   reproduction salt-box colonial nestled in the sought-after Manor.  Enjoy the fine craftsmanship and attention to detail. High-end updates   include granite kitchen, custom Marvin windows, architectural roof   shingles, cedar siding with Tyvek barrier, copper gutters, and more.  Flower beds, play areas, deck, and two patios.  Walkout lower-level   family room not included in square footage.  House has passed lead   inspection.
Unit Size
1,763 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$360
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1952

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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 #70967211)

Price History

Date / Event Date Event Price
Oct 30, 2009 Sold
Premium
Sold
Aug 28, 2009 Listed $634,000
Listed
Aug 30, 2002 Sold
Premium
Sold
Jun 20, 2002 Listed $539,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,752
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,330
  • Total Building Area: 1,689
  • Gross Building Area: 3,896
  • Building Area: 1,689
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,689
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • 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:0078 L:000030
  • Lot: 30
  • Municipality: LEXINGTON
  • Latitude: 42.4679
  • Longitude: -71.2359

    Address

  • Full Address: 21 Nichols Rd
  • Address - House Number: 21
  • Address - Street Name: Nichols
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C019
  • 4-Digit Zip Code: 3224
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,378,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.16
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,320,954
  • High Value: 1,532,408
  • Low Value: 1,109,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,060,000
  • Assessed Land Value: $679,000
  • Assessed Improvements Value: $381,000

    Sales

  • Current Sale Recording Date: Oct 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01517084
  • Previous Sale Recording Date: Aug 30, 2002
  • Previous Sale Amount: $534,000
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,615,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3494 ft²

Average Home Age

45.8 years

Currently For Sale

28 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: 5 months ago
Data Source: MLS PIN, MLS# 70967211

Frequently Asked Questions

When was property at 21 Nichols Road built and last sold?
The property at 21 Nichols Road was built in 1952 and last sold on Jan 1, 1970 for $612,000.
How much is this home worth?
The estimated value of the home located at 21 Nichols Road is $656,742.
What are some comparable homes to 21 Nichols Road?
There are currently no comparable homes to 21 Nichols Road.
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