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Lexington 02420 North Lexington
28 Heritage Drive
$1,045,000
● House - Off Market

28 Heritage Drive

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,714 Ft²
$1,789,087
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Move right in to this lovingly maintained 4+ bedroom, 2½ bath Garrison Colonial in a coveted Estabrook neighborhood. An expansive, nearly 30,000 square-foot professionally landscaped corner lot invites abundant light. Stunning hardwood floors throughout, oversized windows, fireplaces in both the living- and family rooms, and French doors from the dining room lead to a private screened porch, overlooking the serene private setting. All bedrooms are generously sized -- including a master with en-suite bath, plus a first floor bedroom or office. Expansion possibilities above the two-car garage. Close to all the amenities Lexington has to offer including quick access to highways and shopping. Come make this home yours!
Unit Size
2,714 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$423
Property Type
House
Property Taxes
$1,210
HOA Dues
-
Year Built
1967

Payment Calculator

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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 #72196025)

Price History

Date / Event Date Event Price
Sep 28, 2017 Sold
Premium
Sold
Jul 11, 2017 Listed by Barrett Sotheby's International Realty $1,148,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • 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: 1,582
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,875
  • Total Building Area: 2,732
  • Gross Building Area: 4,486
  • Building Area: 2,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,732
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000686
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0090 L:000139
  • Lot: 139
  • Municipality: LEXINGTON
  • Latitude: 42.4857
  • Longitude: -71.2436

    Address

  • Full Address: 28 Heritage Dr
  • Address - House Number: 28
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lexington
  • Carrier Code: C007
  • 4-Digit Zip Code: 1105
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,539,200

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,559,031
  • High Value: 1,831,401
  • Low Value: 1,286,661

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,184,000
  • Assessed Land Value: $658,000
  • Assessed Improvements Value: $526,000

    Sales

  • Current Sale Recording Date: Jul 07, 2006
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01415643
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:

$1,615,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3578 ft²

Average Home Age

45.6 years

Currently For Sale

28 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# 72196025

Frequently Asked Questions

When was property at 28 Heritage Drive built and last sold?
The property at 28 Heritage Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 28 Heritage Drive is $1,179,030.
What are some comparable homes to 28 Heritage Drive?
There are currently no comparable homes to 28 Heritage Drive.
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