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Norfolk 02054
25 Lexington Ln
$356,800
● House - Off Market

25 Lexington Ln

Millis, MA 02054
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,044 Ft²
$575,303
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Great opportunity to live in desirable Millis neighborhood. Updated kitchen includes beautiful maple cabinets, granite counter tops, and newer dishwasher.  Newer slider off the dining room leads to deck overlooking the property. You will enjoy the privacy of this fully fenced, level backyard that includes a variety of mature plantings.  Low maintanence vinyl siding on sides and back of the home.  Walk out basement not included in sq footage, great area for game room.  Pull down attic for extra storage areas. Located on the Medway/Millis line you are minutes to shopping and restaurants and less than 5 miles to the Norfolk commuter rail.  Don't wait, come see this home today!
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$345
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1973

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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 #72138615)

Price History

Date / Event Date Event Price
Jul 7, 2017 Sold
Premium
Sold
Mar 31, 2017 Listed by RE/MAX Executive Realty $359,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 1,044
  • Gross Building Area: 2,228
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL VILLAGE
  • Land Acres: 0000000610
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:041 B:0000046
  • Block: 46
  • Municipality: MILLIS
  • Latitude: 42.1448
  • Longitude: -71.3794

    Address

  • Full Address: 25 Lexington Ln
  • Address - House Number: 25
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1442
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,100

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 525,870
  • High Value: 621,065
  • Low Value: 430,676

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,100
  • Assessed Land Value: $188,100
  • Assessed Improvements Value: $259,000

    Sales

  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61979
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 Norfolk

Stats & Trends

Median Asking:

$755,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2517 ft²

Average Home Age

60.5 years

Currently For Sale

1431 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72138615

Frequently Asked Questions

When was property at 25 Lexington Lane built and last sold?
The property at 25 Lexington Lane was built in 1973 and last sold on Jan 1, 1970 for $356,800.
How much is this home worth?
The estimated value of the home located at 25 Lexington Lane is $367,917.
What are some comparable homes to 25 Lexington Lane?
There are currently no comparable homes to 25 Lexington Lane.
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