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Norfolk 02054
29 Lexington Lane
$338,500
● House - Off Market

29 Lexington Lane

Millis, MA 02054
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,142 Ft²
$740,662
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Welcome home to one of the best neighborhoods in Millis!  The upper level of this gracious split entry offers a fantastic cabinet packed EIK with newer appliances, inviting FP livingroom, full bath, 3 BRs including an expanded master w/ cathedral ceiling and private deck.  Large deck off the kitchen overlooks the expansive level wooded lot. Downstairs there is a bright finished family room/entertainment space with gas FP, a 2nd full bath and additional BR/office.  USDA 100% FINANCING AVAILABLE
Unit Size
2,142 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$161
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1975

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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: 5 months ago (MLSPIN #71318115)

Price History

Date / Event Date Event Price
Jul 18, 2012 Sold
Premium
Sold
Dec 8, 2011 Listed by Century 21 Commonwealth $345,000
Listed by Century 21 Commonwealth
Jul 28, 2006 Sold
Premium
Sold
May 30, 2006 Listed by Century 21 Commonwealth $399,000
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,174
  • Gross Building Area: 2,526
  • Building Area: 1,174
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,174
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL VLG MILLITS
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:041 B:0000044
  • Block: 44
  • Municipality: MILLIS
  • Latitude: 42.1442
  • Longitude: -71.3793

    Address

  • Full Address: 29 Lexington Ln
  • Address - House Number: 29
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Millis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1442
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,400

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 635,719
  • High Value: 742,394
  • Low Value: 529,043

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $508,800
  • Assessed Land Value: $187,800
  • Assessed Improvements Value: $321,000

    Sales

  • Current Sale Recording Date: Jul 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000008
  • Previous Sale Recording Date: Jul 28, 2006
  • Previous Sale Amount: $394,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$751,700

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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: 5 months ago
Data Source: MLS PIN, MLS# 71318115

Frequently Asked Questions

When was property at 29 Lexington Lane built and last sold?
The property at 29 Lexington Lane was built in 1975 and last sold on Jan 1, 1970 for $338,500.
How much is this home worth?
The estimated value of the home located at 29 Lexington Lane is $380,201.
What are some comparable homes to 29 Lexington Lane?
There are currently no comparable homes to 29 Lexington Lane.
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