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Lexington 02421 Follen Heights
280 Concord Avenue
Photo of 280 Concord Avenue
Sold on Oct 26, 2010

1

Map

$700,000
● House - Off Market

280 Concord Avenue

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,727 Ft²
$1,466,830
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

Stylish & practical this completely renovated ten room ranch boasts over 2,700 square feet of living space. Painted maple, stainless & granite kitchen, all new baths, beautiful hardwood floors & fireplaced living room. New sunroom w/ hardwood & three walls of windows overlooking a bucolic setting on this near acre lot, abutting conservation. Totally finished walkout lower level & brick paver patio. Inviting circular driveway & professionally landscaped lot complete this package.  Shows like new!
Unit Size
2,727 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$257
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (MLSPIN #71133848)

Price History

Date / Event Date Event Price
Oct 26, 2010 Sold
Premium
Sold
Sep 8, 2010 Listed by Coldwell Banker Residential Brokerage - Lexington $699,900
Listed by Coldwell Banker Residential Brokerage - Lexington
May 14, 2010 Sold
Premium
Sold
Jan 11, 2010 Listed by Coldwell Banker Residential Brokerage - Lexington $499,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,372
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,276
  • Total Building Area: 1,554
  • Gross Building Area: 3,512
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000879
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0009 L:000006
  • Lot: 6
  • Municipality: LEXINGTON
  • Latitude: 42.4171
  • Longitude: -71.2256

    Address

  • Full Address: 280 Concord Ave
  • Address - House Number: 280
  • Address - Street Name: Concord
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C009
  • 4-Digit Zip Code: 8105
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,461,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 1,389,277
  • High Value: 1,637,079
  • Low Value: 1,141,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,124,000
  • Assessed Land Value: $597,000
  • Assessed Improvements Value: $527,000

    Sales

  • Current Sale Recording Date: Oct 26, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00192479
  • Previous Sale Recording Date: May 14, 2010
  • Previous Sale Amount: $415,000
  • 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 Follen Heights

Stats & Trends

Median Asking:

$1,400,000

Sale Price/ft²

$528

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3851 ft²

Average Home Age

54.7 years

Currently For Sale

11 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71133848

Frequently Asked Questions

When was property at 280 Concord Avenue built and last sold?
The property at 280 Concord Avenue was built in 1958 and last sold on Jan 1, 1970 for $700,000.
How much is this home worth?
The estimated value of the home located at 280 Concord Avenue is $0.
What are some comparable homes to 280 Concord Avenue?
There are currently no comparable homes to 280 Concord Avenue.
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