27 Lexington Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Price Decreased |
$1,350,000
↓ $75K
(5.3%) | |
| Price Decreased | |||
| Jun 13, 2024 | Price Decreased |
$1,425,000
↓ $50K
(3.4%) | |
| Price Decreased | |||
| May 29, 2024 | Listed by Compass | $1,475,000 | |
| Listed by Compass | |||
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Nestled in the prestigious town of Wellesley, this elegant home at 27 Lexington Road offers timeless charm and modern sophistication. The 2018 bathroom renovation, window trim, fresh paint, and new bedroom door enhance the interior's allure, while the 2017 patio update provides a serene outdoor retreat. With 4 bedrooms and 2 bathrooms spread across 2024 square feet, this residence exudes comfort and luxury. The recent 2021 roof replacement and outdoor window trim, along with the 2022 new AC, 2024 new water heater, ensure peace of mind and efficiency. Discover a seamless blend of classic architecture and contemporary amenities, creating a haven for relaxation and entertaining. Embrace a lifestyle of refinement in this meticulously maintained home, where every detail reflects a commitment to quality and style.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017