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Lexington 02421 North Lexington
21 Patterson Rd
$700,000
● House - Off Market

21 Patterson Rd

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,052 Ft²
$1,262,490
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Move right in this sun splashed 4 bedrooms 2 Baths contemporary colonial. Totally renovated the first floor and 2nd floor added 2006. The first floor features open floor plan... 2 bedrooms , cathedral ceiling living room with pallet stove, white cabinet with granite counter kitchen and dining room.   2nd floor has 2 bedroom and office (can be used for extra bedroom). Family room/exercise room and 2 tandem parking garage on LL. Generator installed(2013) for electric power loss, it regenerate pellet stove, refrigerator, second floor heating. East access to highway and public transportation.
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$353
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #71816827)

Price History

Date / Event Date Event Price
Jun 26, 2015 Sold
Premium
Sold
Apr 14, 2015 Listed by Coldwell Banker Residential Brokerage - Lexington $725,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Nov 20, 2000 Sold
Premium
Sold
Aug 10, 2000 Listed $350,000
Listed
SWEET RANCH SET CHARMINGLY ON KNOLL IS FLOODED WITH LIGHT. CATHEDRAL CEILINGED LIVING ROOM OPENS TO FORMAL DINING ROOM WITH SLIDERS TO DECK. BEAUTIFUL HARDWOOD FLOORS.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 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: 312
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,985
  • Total Building Area: 1,902
  • Gross Building Area: 3,360
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000436
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358600

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0059 L:000108
  • Lot: 108
  • Municipality: LEXINGTON
  • Latitude: 42.4535
  • Longitude: -71.2579

    Address

  • Full Address: 21 Patterson Rd
  • Address - House Number: 21
  • Address - Street Name: Patterson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C040
  • 4-Digit Zip Code: 6430
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,179,100

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,202,205
  • High Value: 1,415,273
  • Low Value: 989,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $907,000
  • Assessed Land Value: $499,000
  • Assessed Improvements Value: $408,000

    Sales

  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100776
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:

$1,600,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3612 ft²

Average Home Age

45.5 years

Currently For Sale

27 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# 71816827

Frequently Asked Questions

When was property at 21 Patterson Road built and last sold?
The property at 21 Patterson Road was built in 1950 and last sold on Jan 1, 1970 for $700,000.
How much is this home worth?
The estimated value of the home located at 21 Patterson Road is $752,829.
What are some comparable homes to 21 Patterson Road?
There are currently no comparable homes to 21 Patterson Road.
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