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Lexington 02420 Lexington Town Center
3 Chandler Street
Photo of 3 Chandler Street
Sold on Sep 16, 2011

1

Map

$1,385,000
● House - Off Market

3 Chandler Street

Lexington, MA 02420
bedrooms
6 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,314 Ft²
$3,092,477
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

The c. 1902 English Revival-style Edwin Frances Fobes House is impressively sited on a near-acre atop premier Meriam Hill close to Fiske and Diamond Schools and Lexington Center. Exceptional period details grace ten rooms with 4300+ sq. ft. on three levels. Special features include the grand foyer, spacious living room with adjacent stone screened porch, oval dining room, library, country kitchen and endearing conservatory. Wonderful light, views, grounds and gardens.
Unit Size
4,314 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$342
Property Type
House
Property Taxes
$1,648
HOA Dues
-
Year Built
1903

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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: 6 months ago (MLSPIN #71218894)

Price History

Date / Event Date Event Price
Sep 16, 2011 Sold
Premium
Sold
Apr 19, 2011 Listed by The Higgins Group REALTORS® $1,475,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,769
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,356
  • Total Building Area: 4,019
  • Gross Building Area: 7,156
  • Building Area: 4,019
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,019
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000789
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0056 L:000148
  • Lot: 148
  • Municipality: LEXINGTON
  • Latitude: 42.4504
  • Longitude: -71.2254

    Address

  • Full Address: 3 Chandler St
  • Address - House Number: 3
  • Address - Street Name: Chandler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 3601
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,524,600

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,649,060
  • High Value: 3,119,355
  • Low Value: 2,178,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,942,000
  • Assessed Land Value: $1,003,000
  • Assessed Improvements Value: $939,000

    Sales

  • Current Sale Recording Date: Sep 16, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000016

    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 Lexington Town Center

Stats & Trends

Median Asking:

$2,174,500

Sale Price/ft²

$591

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3826 ft²

Average Home Age

77.6 years

Currently For Sale

16 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71218894

Frequently Asked Questions

When was property at 3 Chandler Street built and last sold?
The property at 3 Chandler Street was built in 1903 and last sold on Jan 1, 1970 for $1,385,000.
How much is this home worth?
The estimated value of the home located at 3 Chandler Street is $1,482,758.
What are some comparable homes to 3 Chandler Street?
There are currently no comparable homes to 3 Chandler Street.
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