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Lexington 02420 Countryside
25 Locke Lane
$1,515,000
● House - Off Market

25 Locke Lane

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
4 Baths
square feet
5,300 Ft²
$3,135,552
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Move right into this gorgeous new home in the Sun Valley Neighborhood!  Brand new home by established  builder situated on a cul de sac! Flowing floor plan with attention to detail in every aspect of the design and specifications.  Thermador appliances, propane heat & cooking, first floor office with built ins! Three finished levels offers space for the whole family and guests too! A huge walk out basement offers even more space for future living area.  Don't miss this one!
Unit Size
5,300 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$292
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2012

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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: 6 months ago (MLSPIN #71316411)

Price History

Date / Event Date Event Price
Jul 6, 2012 Sold
Premium
Sold
Dec 2, 2011 Listed by Coldwell Banker Residential Brokerage - Acton $1,550,000
Listed by Coldwell Banker Residential Brokerage - Acton
May 11, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,484
  • Total Building Area: 4,063
  • Gross Building Area: 8,492
  • Building Area: 4,063
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,063
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000769
  • 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:0028 L:000027
  • Lot: 27
  • Municipality: LEXINGTON
  • Latitude: 42.4386
  • Longitude: -71.1883

    Address

  • Full Address: 25 Locke Ln
  • Address - House Number: 25
  • Address - Street Name: Locke
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2817
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,626,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,450,846
  • High Value: 2,849,342
  • Low Value: 2,052,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,020,000
  • Assessed Land Value: $834,000
  • Assessed Improvements Value: $1,186,000

    Sales

  • Current Sale Recording Date: Jul 06, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000013
  • Previous Sale Recording Date: May 11, 2011
  • Previous Sale Amount: $650,000
  • 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 Countryside

Stats & Trends

Median Asking:

$1,562,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

5472 ft²

Average Home Age

59.6 years

Currently For Sale

7 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: 6 months ago
Data Source: MLS PIN, MLS# 71316411

Frequently Asked Questions

When was property at 25 Locke Lane built and last sold?
The property at 25 Locke Lane was built in 2012 and last sold on Jan 1, 1970 for $1,515,000.
How much is this home worth?
The estimated value of the home located at 25 Locke Lane is $1,563,901.
What are some comparable homes to 25 Locke Lane?
There are currently no comparable homes to 25 Locke Lane.
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