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Lexington 02421 North Lexington
29 Centre
$720,000
● House - Off Market

29 Centre

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,116 Ft²
$1,302,794
RealtyHop Estimate
73.94%
Since Mar 1, 2016
MA-Boston
Primary Model

About This Property

This recently renovated colonial house is located in a quiet neighborhood with new windows, roof. The beautiful kitchen faces south overlooking a fenced yard and the dining room has an elegant french doors with easy access to the back yard. Spacious family room with fireplace. Brand new bathroom in each floor as well. Fresh paint through the house. Easy access to minuteman bikeway, bus stops, shops, high school. This welcoming home is in Hastings and Diamond school district. Blueprint for 4th bedroom and garage is ready for future additions.
Unit Size
2,116 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$354
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1970

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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 #71946377)

Price History

Date / Event Date Event Price
Feb 23, 2016 Sold
Premium
Sold
Jan 7, 2016 Listed by HMW Real Estate, LLC $749,000
Listed by HMW Real Estate, LLC
May 17, 2012 Sold
Premium
Sold
Mar 22, 2012 Listed by HMW Real Estate, LLC $529,000
Listed by HMW Real Estate, LLC
Jan 16, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,344
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,875
  • Total Building Area: 1,372
  • Gross Building Area: 2,788
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 34141A
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0072 L:000447
  • Lot: 447
  • Municipality: LEXINGTON
  • Latitude: 42.4654
  • Longitude: -71.2479

    Address

  • Full Address: 29 Centre St
  • Address - House Number: 29
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C035
  • 4-Digit Zip Code: 4245
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,198,600

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,138,383
  • High Value: 1,340,141
  • Low Value: 936,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,000
  • Assessed Land Value: $559,000
  • Assessed Improvements Value: $363,000

    Sales

  • Current Sale Recording Date: Feb 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1723255
  • Previous Sale Recording Date: May 17, 2012
  • Previous Sale Amount: $532,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,630,000

Sale Price/ft²

$561

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# 71946377

Frequently Asked Questions

When was property at 29 Centre Street built and last sold?
The property at 29 Centre Street was built in 1970 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 29 Centre Street is $776,747.
What are some comparable homes to 29 Centre Street?
There are currently no comparable homes to 29 Centre Street.
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