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Lexington 02421 Follen Heights
29 Webster Rd
$1,305,000
● House - Off Market

29 Webster Rd

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,532 Ft²
$1,240,869
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

What's on your wish list?  Quiet Street, large level lot, private yard, oversize deck, 2 car garage, totally finished lower level with 1/2bath, 3 fireplaces, huge living room, banquet sized dining room, eat-in kitchen, 1st floor family room, 4 bedrooms, walk-in attic, hardwood floors, 2 full and 2 half baths study/office, convenient location...This home has it all!
Unit Size
2,532 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$494
Property Type
House
Property Taxes
$1,141
HOA Dues
-
Year Built
1938

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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 #73101052)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Apr 25, 2023 In contract -
In contract
Apr 20, 2023 Listed by W. H. Lyon, Inc. REALTORS® $1,249,900
Listed by W. H. Lyon, Inc. REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • 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: 19
  • 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: 1,203
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,212
  • Total Building Area: 2,532
  • Gross Building Area: 4,519
  • Building Area: 2,532
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,532
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000556
  • 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:000041
  • Lot: 41
  • Municipality: LEXINGTON
  • Latitude: 42.4179
  • Longitude: -71.2223

    Address

  • Full Address: 29 Webster Rd
  • Address - House Number: 29
  • Address - Street Name: Webster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C018
  • 4-Digit Zip Code: 8227
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,448,200

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,358,873
  • High Value: 1,599,708
  • Low Value: 1,118,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,114,000
  • Assessed Land Value: $640,000
  • Assessed Improvements Value: $474,000

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1941692
  • Previous Sale Recording Date: Oct 26, 2007
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,389,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 years

Currently For Sale

12 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# 73101052

Frequently Asked Questions

When was property at 29 Webster Road built and last sold?
The property at 29 Webster Road was built in 1938 and last sold on Aug 1, 2023 for $1,305,000.
How much is this home worth?
The estimated value of the home located at 29 Webster Road is $1,273,177.
What are some comparable homes to 29 Webster Road?
There are currently no comparable homes to 29 Webster Road.
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