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Lexington 02420 Countryside
3 Solly's Way
Photo of 3 Solly's Way
Sold on Apr 30, 2010

1

Map

$1,625,000
● House - Off Market

3 Solly's Way

Lexington, MA 02420
bedrooms
6 Beds
bathrooms
5 Baths
square feet
5,400 Ft²
$3,487,880
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

New 5/6 bedroom farmhouse style colonial sited privately on a 1.37 acre lot. Spacious eat-in gourmet kitchen with Thermadore appliances, butler's pantry and large mudroom. Fireplaced family room flanked w/ french doors to peaceful outdoor deck. Five en suite bedrooms on 2nd floor, poss. 6th bedroom on 1st or 3rd floor. Lux master suite w/ marble bath, shower for two & an air tub. Finished 3rd floor and a walkout lower level perfect for finishing. Solly's is a new road off Laconia St.
Unit Size
5,400 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

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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: 2 years ago (MLSPIN #70970979)

Price History

Date / Event Date Event Price
May 6, 2010 Sold
Premium
Sold
Sep 8, 2009 Listed $1,699,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 18
  • 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: 1,763
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,620
  • Total Building Area: 5,109
  • Gross Building Area: 9,653
  • Building Area: 5,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,109
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND LEXINGTON
  • Land Acres: 0000001369
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0054 L:00039G
  • Lot: 39G
  • Municipality: LEXINGTON
  • Latitude: 42.4536
  • Longitude: -71.2068

    Address

  • Full Address: 3 Sollys Way
  • Address - House Number: 3
  • Address - Street Name: Sollys
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lexington
  • Carrier Code: C002
  • 4-Digit Zip Code: 2269
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,797,600

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 3,060,209
  • High Value: 3,542,913
  • Low Value: 2,577,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,152,000
  • Assessed Land Value: $858,000
  • Assessed Improvements Value: $1,294,000

    Sales

  • Current Sale Recording Date: May 06, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01531511
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 Countryside

Stats & Trends

Median Asking:

$1,750,000

Sale Price/ft²

$530

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4585 ft²

Average Home Age

50.3 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 70970979

Frequently Asked Questions

When was property at 3 Sollys Way built and last sold?
The property at 3 Sollys Way was built in 2009 and last sold on Jan 1, 1970 for $1,625,000.
How much is this home worth?
The estimated value of the home located at 3 Sollys Way is $0.
What are some comparable homes to 3 Sollys Way?
There are currently no comparable homes to 3 Sollys Way.
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