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Lexington 02421 Prospect Hill
3 Rolling Lane
Photo of 3 Rolling Lane
Sold on Oct 31, 2005

1

Map

$703,000
● House - Off Market

3 Rolling Lane

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,963 Ft²
$1,266,926
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model

About This Property

Enjoy the prestige of living in the lovely,historical town of Lexington at an affordable price.Newer kitchen.4 bedrooms,3.5 baths and a possible au pair suite or extended family solution in basement. New addition 2000,includes a fabulous master suite with bath & jacuzzi & ready to finish loft above;enclosed 3 season cedar porch opening to a large cedar deck.This home demonstrates pride of ownership throughout and is in move in condition. Enjoy bike paths,jogging trails. Motivated Seller. Offers
Unit Size
1,963 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$366
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #70243197)

Price History

Date / Event Date Event Price
Oct 31, 2005 Sold
Premium
Sold
Aug 17, 2005 Listed $719,000
Listed
Nov 4, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,120
  • Total Building Area: 2,088
  • Gross Building Area: 4,680
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANDVIEW TERRACE
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0042 L:000214
  • Lot: 214
  • Municipality: LEXINGTON
  • Latitude: 42.4415
  • Longitude: -71.2508

    Address

  • Full Address: 3 Rolling Ln
  • Address - House Number: 3
  • Address - Street Name: Rolling
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C045
  • 4-Digit Zip Code: 7515
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,250,600

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,279,221
  • High Value: 1,505,939
  • Low Value: 1,052,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $962,000
  • Assessed Land Value: $582,000
  • Assessed Improvements Value: $380,000

    Sales

  • Current Sale Recording Date: Oct 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00240502
  • Previous Sale Recording Date: Nov 04, 1988
  • Previous Sale Amount: $232,000
  • 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 Prospect Hill

Stats & Trends

Median Asking:

$1,874,500

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3887 ft²

Average Home Age

25 years

Currently For Sale

4 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: 5 months ago
Data Source: MLS PIN, MLS# 70243197

Frequently Asked Questions

When was property at 3 Rolling Lane built and last sold?
The property at 3 Rolling Lane was built in 1955 and last sold on Jan 1, 1970 for $703,000.
How much is this home worth?
The estimated value of the home located at 3 Rolling Lane is $748,590.
What are some comparable homes to 3 Rolling Lane?
There are currently no comparable homes to 3 Rolling Lane.
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