$745,000
●
Condo -
Off Market
3 Potter Pond #3
Lexington, MA 02421
2 Beds
2 Baths
2,102 Ft²
$1,086,563
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model
About This Property
Royal Barry Wills Cape set on 43-acres of conservation land &
landscaped grounds in picture-perfect Potter Pond. Natural light
pours in through over-sized windows drawing you into this
extensively updated unit. Spacious rooms enhanced by vaulted
ceilings. The thoughtfully updated kitchen that opens into a
charming den with gas fireplace suits both master chefs and anyone
who loves cooking with family & friends. Loads of closet space in
the two first-floor bedrooms, with shelves and shelves throughout
to hold all your books and treasures. A private, stone patio is
directly accessed from the family room and master bedroom. Second
level multipurpose room with huge storage closets serves your
various interests, offering the potential for a dedicated office or
additional bedrooms and bathroom. Garage parking for one
car--with electric charging station, with additional off-street
spaces available. Love living in this serene community in historic
Lexington!
Unit Size
2,102 Ft²
Days on Market
-
Land Size
-
Price per sqft
$362
Property Type
Condo
Property Taxes
$752
HOA Dues
$908
Year Built
1981
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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 years ago (MLSPIN #72560913)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Sep 7, 2019 | Listed by Alcove Realty | $760,000 | |
| Listed by Alcove Realty | |||
| Feb 1, 2005 | Sold | ||
| Sold | |||
| Jun 3, 2004 | Listed by Hammond Residential Real Estate | $569,000 | |
| Listed by Hammond Residential Real Estate | |||
| | |||
|
Spacious cape style condo at the Potter Pond. FP cathedral living room, formal dining room, 2br, 2baths on 1st level, & large 2nd floor room with skylights. Radon system. Extra storage. Fabulous location & beautiful setting.
| |||
| Aug 21, 2003 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Remodeled, Peninsula, Lighting - Pendant
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
Level: Main
Features: Flooring - Wall to Wall Carpet, Closet - Double
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen
Level: First
Features: Bathroom - Full, Flooring - Wood, Slider, Closet - Double
Level: First
Level: First
Features: Cathedral Ceiling(s), Flooring - Hardwood
Level: First
Features: Flooring - Hardwood, Deck - Exterior, Slider
Features: Yes
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Cedar Closet(s), Attic Access, Storage, Bonus Room
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Basement, In Unit, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Family Room, Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Deeded, Common, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Skylight(s)
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RD
Parcel Number: M:0004 L:00433, 547262
Water Source: Public, Individual Meter
Financial Details
Tax Assessed Value: $639,000
Tax Annual Amount: $9,023
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Tennis Court(s), Garden Area
Association Fee Frequency: Monthly
HOA Fee: $908
Community Features: Shopping, Walk/Jog Trails, Conservation Area
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/07/2019
|
2 Bed
|
2 Bath
|
2102 ft²
|
$760,000
2 Bed
2 Bath
2102 ft²
|
$745,000
-1.97%
12/16/2019
|
Cheryl Learner
Keller Williams Realty
| |
|
06/03/2004
|
3 Bed
|
2 Bath
|
2014 ft²
|
$569,000
3 Bed
2 Bath
2014 ft²
|
$540,000
-5.10%
02/01/2005
|
Sandy Wheeler
Hammond Residential Real Estate
| |
|
06/20/2003
|
3 Bed
|
2 Bath
|
2014 ft²
|
$579,000
3 Bed
2 Bath
2014 ft²
|
$567,000
-2.07%
08/21/2003
|
Susan Rudd
Leading Edge Real Estate
| |
|
08/09/2001
|
3 Bed
|
2 Bath
|
2014 ft²
|
$535,000
3 Bed
2 Bath
2014 ft²
|
$500,000
-6.54%
11/16/2001
|
Valerie Larsin
Dewolfe-Lexington
|
Building Info
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