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Lexington 02420 Countryside
24 Webb Street
$1,080,000
● House - Off Market

24 Webb Street

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$920,562
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Beautifully maintained Garrison Colonial on a side street within a mile of Lexington Center. An updated and sunny eat-in kitchen with white cabinets, quartz countertops, stainless steel appliances, recessed lighting and hardwood flooring leads to a large deck overlooking woodlands. The front-to-back living/dining room combo has a wood-burning fireplace, recessed lighting, picture window and hardwood floors. A cozy family room and half bath complete the first floor. The second level offers a large primary bedroom with lots of closet space, two additional generously sized bedrooms, and a full updated bath. All this in the new Harrington School District. READY TO MOVE IN!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$597
Property Type
House
Property Taxes
$900
HOA Dues
-
Year Built
1975

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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 #72976845)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
May 5, 2022 Listed by Barrett Sotheby's International Realty $895,000
Listed by Barrett Sotheby's International Realty
Mar 30, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • 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: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,600
  • Total Building Area: 1,500
  • Gross Building Area: 2,412
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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:0047 L:000157
  • Lot: 157
  • Municipality: LEXINGTON
  • Latitude: 42.4488
  • Longitude: -71.208

    Address

  • Full Address: 24 Webb St
  • Address - House Number: 24
  • Address - Street Name: Webb
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C024
  • 4-Digit Zip Code: 2220
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,140,100

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,227,679
  • High Value: 1,444,841
  • Low Value: 1,010,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $877,000
  • Assessed Land Value: $536,000
  • Assessed Improvements Value: $341,000

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105575
  • Previous Sale Recording Date: Mar 30, 1988
  • Previous Sale Amount: $236,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Countryside

Stats & Trends

Median Asking:

$1,750,000

Sale Price/ft²

$530

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4585 ft²

Average Home Age

50.3 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# 72976845

Frequently Asked Questions

When was property at 24 Webb Street built and last sold?
The property at 24 Webb Street was built in 1975 and last sold on Jul 11, 2022 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 24 Webb Street is $927,729.
What are some comparable homes to 24 Webb Street?
There are currently no comparable homes to 24 Webb Street.
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