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Lexington 02420 Countryside
249 Lowell Street
$625,000
● House - Off Market

249 Lowell Street

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,198 Ft²
$999,843
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Are you looking for closet space and storage? Then this 3 bedroom ranch is it! Fireplaces in living room and basement. Large master with 2 full sized closets. Other 2 bedrooms have built-in bureaus. 1 car attached garage. Spacious finished lower level with fireplace. Central air and sprinkler system.  Minutes to the desirable Harrington Elementary School and Lexington Christian Academy. This ranch has been occupied by the same family for 67 years. Sunroom off kitchen and a great yard for those summer cook-outs. Appliances left as gifts. Walk to the Winchester Swim and Tennis Club.
Unit Size
1,198 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$583
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
2020

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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: 5 months ago (MLSPIN #72567497)

Price History

Date / Event Date Event Price
Feb 23, 2021 Sold
Premium
Sold
Aug 9, 2020 Listed by Bowes Real Estate Real Living $1,699,000
Listed by Bowes Real Estate Real Living
Jan 24, 2020 Sold
Premium
Sold
Sep 19, 2019 Listed by Bowes Real Estate Real Living $699,000
Listed by Bowes Real Estate Real Living

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,660
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 3,985
  • Gross Building Area: 7,892
  • Building Area: 3,985
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,985
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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:0037 L:000084
  • Lot: 84
  • Municipality: LEXINGTON
  • Latitude: 42.4426
  • Longitude: -71.194

    Address

  • Full Address: 249 Lowell St
  • Address - House Number: 249
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2701
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,375,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,330,359
  • High Value: 2,744,074
  • Low Value: 1,916,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,827,000
  • Assessed Land Value: $636,000
  • Assessed Improvements Value: $1,191,000

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Feb 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40223
  • Previous Sale Recording Date: Jan 24, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $625,000
  • 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 Countryside

Stats & Trends

Median Asking:

$1,575,000

Sale Price/ft²

$536

Below Asking

0.01%

Average Days on Market

63

Average Home Size

4941 ft²

Average Home Age

59.8 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 72567497

Frequently Asked Questions

When was property at 249 Lowell Street built and last sold?
The property at 249 Lowell Street was built in 2020 and last sold on Feb 16, 2021 for $1,694,000.
How much is this home worth?
The estimated value of the home located at 249 Lowell Street is $1,728,032.
What are some comparable homes to 249 Lowell Street?
There are currently no comparable homes to 249 Lowell Street.
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