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Norfolk 02054
22 Lexington Lane
$700,000
● House - Off Market

22 Lexington Lane

Millis, MA 02054
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,888 Ft²
$641,073
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Sought after neighborhood. This home features an open kitchen, looking into the beamed, oversize family room, with ample cabinet storage. You can access the deck and screened-in porch, from the kitchen and family room. The formal living room has a gas fireplace, with a custom built-in surround, and Brazilion Cherry hardwoood floors. This home is equipped with a ductless mini split system, making it very comfortable, in the summer months.  Should you prefer to be outside, you can cool off in your in-ground pool, that is surrounded with cement decking and a beautiful garden area. The bathrooms boast lovely, neutral tile work and updated vanities. Showings start at the open house, Saturday 4/29 and Sunday 4/30, from 11:00 -1:00.
Unit Size
1,888 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$339
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1974

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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 #73103000)

Price History

Date / Event Date Event Price
Jun 21, 2023 Sold
Premium
Sold
May 2, 2023 In contract -
In contract
Apr 25, 2023 Listed by RE/MAX Executive Realty $640,000
Listed by RE/MAX Executive Realty
Jun 30, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 1,888
  • Gross Building Area: 3,041
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:041 B:0000061
  • Block: 61
  • Municipality: MILLIS
  • Latitude: 42.1451
  • Longitude: -71.3787

    Address

  • Full Address: 22 Lexington Ln
  • Address - House Number: 22
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1441
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $792,100

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 709,738
  • High Value: 864,628
  • Low Value: 554,847

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,400
  • Assessed Land Value: $188,900
  • Assessed Improvements Value: $293,500

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37892
  • Previous Sale Recording Date: Jun 30, 1989
  • Previous Sale Amount: $196,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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# 73103000

Frequently Asked Questions

When was property at 22 Lexington Lane built and last sold?
The property at 22 Lexington Lane was built in 1974 and last sold on Jun 20, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 22 Lexington Lane is $660,644.
What are some comparable homes to 22 Lexington Lane?
There are currently no comparable homes to 22 Lexington Lane.
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