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Lexington 02421 North Lexington
24 Oxbow Road
$490,000
● House - Off Market

24 Oxbow Road

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$942,475
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Easy living in this spacious 3 bedrooms ranch with attached breezeway, new roof, new windows, newly painted and refinished floors. Large partially finished walk-out basement offers endless possibilities. Great Value.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$374
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1959

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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 #71489790)

Price History

Date / Event Date Event Price
Jul 14, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by The Higgins Group REALTORS® $1,075,000
Listed by The Higgins Group REALTORS®
May 6, 2013 Sold
Premium
Sold
Mar 5, 2013 Listed by The Higgins Group REALTORS® $485,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • 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: 816
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,500
  • Total Building Area: 2,412
  • Gross Building Area: 4,068
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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:0059 L:000132
  • Lot: 132
  • Municipality: LEXINGTON
  • Latitude: 42.4533
  • Longitude: -71.2561

    Address

  • Full Address: 24 Oxbow Rd
  • Address - House Number: 24
  • Address - Street Name: Oxbow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C027
  • 4-Digit Zip Code: 6639
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,545,700

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,521,792
  • High Value: 1,791,502
  • Low Value: 1,252,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,189,000
  • Assessed Land Value: $552,000
  • Assessed Improvements Value: $637,000

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 158665
  • Previous Sale Recording Date: May 06, 2013
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: O
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# 71489790

Frequently Asked Questions

When was property at 24 Oxbow Road built and last sold?
The property at 24 Oxbow Road was built in 1959 and last sold on Jul 14, 2021 for $1,160,000.
How much is this home worth?
The estimated value of the home located at 24 Oxbow Road is $1,147,923.
What are some comparable homes to 24 Oxbow Road?
There are currently no comparable homes to 24 Oxbow Road.
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