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Lexington 02420 North Lexington
22 Turning Mill Road
$952,000
● House - Off Market

22 Turning Mill Road

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,476 Ft²
$1,243,255
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Spacious Mid Century Modern in the heart of the desirable Turning Mill neighborhood, just steps to Paint Rock Pool and Estabrook School. Freshly painted with gleaming hardwood floors, a large screened porch overlooking the private wooded lot, and dramatic vaulted ceilings in the upper level. Open plan living and dining rooms, five main level bedrooms, two wood burning fireplaces, and an updated kitchen with all new stainless steel appliances and quartz countertops. The bright, finished lower level features a family room, study and laundry/mudroom. Additionally, the two-car garage and ductless mini split air conditioning make this home a great value. You can move right in or update and customize to your style -  this wonderful neighborhood can support any improvements you make!
Unit Size
2,476 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$321
Property Type
House
Property Taxes
$1,009
HOA Dues
-
Year Built
1960

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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 #72229049)

Price History

Date / Event Date Event Price
Nov 15, 2017 Sold
Premium
Sold
Sep 14, 2017 Listed by Barrett Sotheby's International Realty $795,000
Listed by Barrett Sotheby's International Realty
Aug 1, 1965 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 440
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,871
  • Total Building Area: 1,860
  • Gross Building Area: 3,700
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000709
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0086 L:000052
  • Lot: 52
  • Municipality: LEXINGTON
  • Latitude: 42.4775
  • Longitude: -71.2305

    Address

  • Full Address: 22 Turning Mill Rd
  • Address - House Number: 22
  • Address - Street Name: Turning Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1318
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,467,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,399,231
  • High Value: 1,626,740
  • Low Value: 1,171,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,129,000
  • Assessed Land Value: $680,000
  • Assessed Improvements Value: $449,000

    Sales

  • Current Sale Recording Date: Nov 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 186407
  • Previous Sale Recording Date: Aug 01, 1965
  • Previous Sale Amount: $44,000
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,615,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3578 ft²

Average Home Age

45.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72229049

Frequently Asked Questions

When was property at 22 Turning Mill Road built and last sold?
The property at 22 Turning Mill Road was built in 1960 and last sold on Jan 1, 1970 for $952,000.
How much is this home worth?
The estimated value of the home located at 22 Turning Mill Road is $817,580.
What are some comparable homes to 22 Turning Mill Road?
There are currently no comparable homes to 22 Turning Mill Road.
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