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Lexington 02421 North Lexington
26 Patterson Road
$1,165,000
● House - Off Market

26 Patterson Road

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,400 Ft²
$2,443,639
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

BEAUTIFULLY set on a cul de sac, a  3/4, acre lot is this new handsome, well crafted Colonial by a premier Lexington builder.  Enter from the 44' front porch to an entrance hall leading to expansive living room, dining room, study including a 25 by 19 stunning family room with soaring ceilings and a fireplace.  The chef's kitchen complete with walk-in pantry leads to an oversized L shaped deck overlooking a large, tree fringed peaceful yard.  It's rare to see new construction on such a wonderful
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$345
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

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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 #71351012)

Price History

Date / Event Date Event Price
Nov 9, 2012 Sold
Premium
Sold
Mar 14, 2012 Listed by The Higgins Group REALTORS® $1,174,000
Listed by The Higgins Group REALTORS®
Nov 3, 2011 Sold
Premium
Sold
Jul 22, 2011 Listed by The Higgins Group REALTORS® $375,000
Listed by The Higgins Group REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,320
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,410
  • Total Building Area: 3,352
  • Gross Building Area: 7,080
  • Building Area: 3,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,352
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000675
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358600

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0059 L:000100
  • Lot: 100
  • Municipality: LEXINGTON
  • Latitude: 42.4538
  • Longitude: -71.2589

    Address

  • Full Address: 26 Patterson Rd
  • Address - House Number: 26
  • Address - Street Name: Patterson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C040
  • 4-Digit Zip Code: 6428
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,358,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,201,198
  • High Value: 2,591,320
  • Low Value: 1,811,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,814,000
  • Assessed Land Value: $808,000
  • Assessed Improvements Value: $1,006,000

    Sales

  • Current Sale Recording Date: Nov 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 03, 2011
  • Previous Sale Amount: $275,000
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,600,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3612 ft²

Average Home Age

45.5 years

Currently For Sale

27 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# 71351012

Frequently Asked Questions

When was property at 26 Patterson Road built and last sold?
The property at 26 Patterson Road was built in 2011 and last sold on Jan 1, 1970 for $1,165,000.
How much is this home worth?
The estimated value of the home located at 26 Patterson Road is $1,226,481.
What are some comparable homes to 26 Patterson Road?
There are currently no comparable homes to 26 Patterson Road.
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