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Lexington 02421 East Lexington
3 Chase Ave
Photo of 3 Chase Ave
Sold on Jul 17, 2026

39

Map

Photo of 3 Chase Ave
Photo of 3 Chase Ave
$1,240,000
● House - Off Market

3 Chase Ave

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,452 Ft²
$7,212
Est. Monthly

About This Property

Welcome to 3 Chase Avenue, a charming and bright 3-bedroom, 2-bath bungalow-style home ideally situated in a convenient Lexington location. Filled with light, warmth and character, this inviting residence features original woodwork and period details that complement its comfortable, functional layout. The first floor includes a country kitchen, large living room, dining room and sunroom, as well as a bedroom and full bath. Upstairs, there is an updated en-suite bath, an additional bedroom and a library with built-in bookshelves. The lower level provides flexible space for a family room, gym and ample storage. Outside, the fenced-in yard creates a private setting for outdoor dining, play and gardening. Enjoy easy access to Lexington's shops, restaurants, schools, parks and commuter routes from this wonderful home!
Unit Size
2,452 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$510
Property Type
House
Property Taxes
$1,074
HOA Dues
-
Year Built
1917

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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: 3 months ago (MLSPIN #73533707)

Price History

Date / Event Date Event Price
Jul 17, 2026 Sold
Premium
Sold
Jun 24, 2026 In contract -
In contract
Jun 10, 2026 Listed by Coldwell Banker Realty - Wellesley $1,250,000
Listed by Coldwell Banker Realty - Wellesley
Nov 2, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by Coldwell Banker Realty - Wellesley $925,000
Listed by Coldwell Banker Realty - Wellesley
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 858
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 1,293
  • Gross Building Area: 2,913
  • Building Area: 1,293
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,293
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0013 L:000175
  • Lot: 175
  • Municipality: LEXINGTON
  • Latitude: 42.4243
  • Longitude: -71.1985

    Address

  • Full Address: 3 Chase Ave
  • Address - House Number: 3
  • Address - Street Name: Chase
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C008
  • 4-Digit Zip Code: 6213
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,196,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,116,025
  • High Value: 1,313,820
  • Low Value: 918,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,000
  • Assessed Land Value: $547,000
  • Assessed Improvements Value: $373,000

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 240521
  • Previous Sale Recording Date: Jun 11, 2013
  • 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 East Lexington

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

50

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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: 3 months ago
Data Source: MLS PIN, MLS# 73533707

Frequently Asked Questions

When was property at 3 Chase Avenue built and last sold?
The property at 3 Chase Avenue was built in 1917 and last sold on Nov 2, 2021 for $1,095,000.
How much is this home worth?
The estimated value of the home located at 3 Chase Avenue is $1,262,834.
What are some comparable homes to 3 Chase Avenue?
There are currently no comparable homes to 3 Chase Avenue.
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