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Lexington 02421 Follen Heights
23 Webster Road
Photo of 23 Webster Road
Sold on Jun 29, 2007

1

Map

$821,000
● House - Off Market

23 Webster Road

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,089 Ft²
$1,601,030
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

Completely updated oversized Ranch, set on fabulous 1/2 level lot.   Hardwood floors , eat-in kitchen, living room with bay window. 3 Bedrooms on 1st floor.  Two additional bedrooms, gym, & kitchenette on lower level create ideal in-law.  Handsome den/pool table room offers second fireplace and built-ins. Central air, two-car attached garage plus many more amenities.  Fenced backyard includes basketball court plus oversized brick paver patio with pergola and prof. grill.
Unit Size
3,089 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$278
Property Type
House
Property Taxes
$623
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 #70561865)

Price History

Date / Event Date Event Price
Dec 14, 2020 Sold
Premium
Sold
Oct 8, 2020 Listed $1,059,000
Listed
Jul 2, 2007 Sold
Premium
Sold
Apr 19, 2007 Listed $859,000
Listed
Oct 8, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,568
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,034
  • Total Building Area: 1,748
  • Gross Building Area: 4,064
  • Building Area: 1,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,748
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000506
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0009 L:000044
  • Lot: 44
  • Municipality: LEXINGTON
  • Latitude: 42.4187
  • Longitude: -71.2212

    Address

  • Full Address: 23 Webster Rd
  • Address - House Number: 23
  • Address - Street Name: Webster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C018
  • 4-Digit Zip Code: 8227
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,535,300

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,510,926
  • High Value: 1,748,715
  • Low Value: 1,273,138

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,181,000
  • Assessed Land Value: $633,000
  • Assessed Improvements Value: $548,000

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 237550
  • Previous Sale Recording Date: Jul 02, 2007
  • Previous Sale Amount: $821,000
  • 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:

$1,379,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70561865

Frequently Asked Questions

When was property at 23 Webster Road built and last sold?
The property at 23 Webster Road was built in 1960 and last sold on Dec 9, 2020 for $1,152,000.
How much is this home worth?
The estimated value of the home located at 23 Webster Road is $1,108,275.
What are some comparable homes to 23 Webster Road?
There are currently no comparable homes to 23 Webster Road.
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