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Lexington 02420 Lexington Town Center
24 Thoreau Rd
Photo of 24 Thoreau Rd
Sold on Jul 7, 2011

1

Map

$818,000
● House - Off Market

24 Thoreau Rd

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,644,169
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

On .7 acres of perennial gardens and ornamental trees in Burnham Farms neighborhood (Fiske/Diamond Schools) near new high-end homes, a sunny, spacious multi-level features 4 bedrooms with 2 full and 1 half baths. Sky-lit kitchen with vaulted ceiling leads to a deck overlooking a bluestone patio with water-lily pond. This family-friendly home includes living room with glassed-in fireplace, expansive family room with fireplace, heated sun room and large bookcase-lined office.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$333
Property Type
House
Property Taxes
$856
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 #71225940)

Price History

Date / Event Date Event Price
Jul 7, 2011 Sold
Premium
Sold
May 3, 2011 Listed by Sterling Lion, LLC $799,000
Listed by Sterling Lion, LLC
Jun 29, 1990 Sold
Premium
Sold

Property Highlights

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: 41
  • 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: 1,120
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,875
  • Total Building Area: 1,985
  • Gross Building Area: 4,400
  • Building Area: 1,985
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,985
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000686
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0068 L:000026
  • Lot: 26
  • Municipality: LEXINGTON
  • Latitude: 42.4629
  • Longitude: -71.208

    Address

  • Full Address: 24 Thoreau Rd
  • Address - House Number: 24
  • Address - Street Name: Thoreau
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C033
  • 4-Digit Zip Code: 1943
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,670,500

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,730,247
  • High Value: 2,037,423
  • Low Value: 1,423,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,285,000
  • Assessed Land Value: $692,000
  • Assessed Improvements Value: $593,000

    Sales

  • Current Sale Recording Date: Jul 07, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000011
  • Previous Sale Recording Date: Jun 29, 1990
  • Previous Sale Amount: $410,000
  • 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 Lexington Town Center

Stats & Trends

Median Asking:

$1,999,500

Sale Price/ft²

$599

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4287 ft²

Average Home Age

80.5 years

Currently For Sale

25 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

Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,745 /mo

  • 2 Beds
  • 2 Baths
  • 1,395 ft²
2 Littles Brook Court #Winchester with loft, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71225940

Frequently Asked Questions

When was property at 24 Thoreau Road built and last sold?
The property at 24 Thoreau Road was built in 1960 and last sold on Jan 1, 1970 for $818,000.
How much is this home worth?
The estimated value of the home located at 24 Thoreau Road is $839,810.
What are some comparable homes to 24 Thoreau Road?
There are currently no comparable homes to 24 Thoreau Road.
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