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Lexington 02421 Prospect Hill
26 Nickerson Road
$1,380,000
● House - Off Market

26 Nickerson Road

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,945 Ft²
$1,858,409
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Comfort, convenience, luxury and style come together in this meticulously and lovingly maintained home nestled in a fantastic neighborhood just off Massachusetts Avenue. This home is perfectly situated a little over half a mile to both Lexington center and I-95. Explore what you'd expect in this classic four bedroom Colonial with master suite and family bath on the second floor. Then discover the gorgeous, open and sunny kitchen with cathedral ceiling and high end appliances overlooking the deck, private backyard and hot tub. Formal living and dining rooms, a family room, delightful sunroom, and separate half bath and laundry grace the first floor. There's plenty of room to play in the lower level, plus a three-car garage and full sized attic to store all the things you love.
Unit Size
2,945 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$441
Property Type
House
Property Taxes
$1,513
HOA Dues
-
Year Built
1969

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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 #72531842)

Price History

Date / Event Date Event Price
Aug 23, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by Barrett Sotheby's International Realty $1,299,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 605
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,807
  • Total Building Area: 2,639
  • Gross Building Area: 4,820
  • Building Area: 2,639
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,639
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000386
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0050 L:000216
  • Lot: 216
  • Municipality: LEXINGTON
  • Latitude: 42.4462
  • Longitude: -71.2474

    Address

  • Full Address: 26 Nickerson Rd
  • Address - House Number: 26
  • Address - Street Name: Nickerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C017
  • 4-Digit Zip Code: 6822
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,135,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,939,747
  • High Value: 2,283,531
  • Low Value: 1,595,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,643,000
  • Assessed Land Value: $812,000
  • Assessed Improvements Value: $831,000

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126364

    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 Prospect Hill

Stats & Trends

Median Asking:

$1,874,500

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3887 ft²

Average Home Age

25 years

Currently For Sale

4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72531842

Frequently Asked Questions

When was property at 26 Nickerson Road built and last sold?
The property at 26 Nickerson Road was built in 1969 and last sold on Aug 7, 2019 for $1,380,000.
How much is this home worth?
The estimated value of the home located at 26 Nickerson Road is $1,340,860.
What are some comparable homes to 26 Nickerson Road?
There are currently no comparable homes to 26 Nickerson Road.
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