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Lexington 02420 Pheasant Brook Estates
3 Solomon Pierce Rd
$1,290,000
● House - Off Market

3 Solomon Pierce Rd

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,694 Ft²
$2,695,755
RealtyHop Estimate
111.43%
Since Feb 1, 2010
MA-Boston
Primary Model

About This Property

Magnificent 2006 shingle-style residence prominently located in the desirable Solomon Pierce neighborhood. Bright & airy, unique floor plan, 9ft ceilings, custom millwork, 3" oak floors & 3 fireplaces. Designed & crafted with superior detail & quality by one of Lexington's finest builders, 2x6 construction, classic brick chimney, unfinished w/o basement & walk-up attic. First floor suite has full bath, separate entrance. Professionaly landscaped, extensive stonework, overlooking lush woodlands.
Unit Size
3,694 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$345
Property Type
House
Property Taxes
$1,511
HOA Dues
-
Year Built
2006

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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: 4 months ago (MLSPIN #70950522)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed by Hammond Residential $1,995,000
Listed by Hammond Residential
Jan 26, 2010 Sold
Premium
Sold
Jul 21, 2009 Listed by Hammond Residential $1,275,000
Listed by Hammond Residential
Dec 15, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,122
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,534
  • Total Building Area: 3,678
  • Gross Building Area: 6,724
  • Building Area: 3,678
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,678
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000839
  • 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:0038 L:000128
  • Lot: 128
  • Municipality: LEXINGTON
  • Latitude: 42.4397
  • Longitude: -71.2054

    Address

  • Full Address: 3 Solomon Pierce Rd
  • Address - House Number: 3
  • Address - Street Name: Solomon Pierce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C024
  • 4-Digit Zip Code: 2535
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,792,400

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,649,158
  • High Value: 3,119,470
  • Low Value: 2,178,846

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,148,000
  • Assessed Land Value: $1,005,000
  • Assessed Improvements Value: $1,143,000

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134752
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Pheasant Brook Estates

Stats & Trends

Median Asking:

$1,995,000

Sale Price/ft²

$440

Below Asking

0.09%

Average Days on Market

66

Average Home Size

6796 ft²

Average Home Age

32.5 years

Currently For Sale

2 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: 4 months ago
Data Source: MLS PIN, MLS# 70950522

Frequently Asked Questions

When was property at 3 Solomon Pierce Road built and last sold?
The property at 3 Solomon Pierce Road was built in 2006 and last sold on Jun 15, 2021 for $2,100,000.
How much is this home worth?
The estimated value of the home located at 3 Solomon Pierce Road is $2,021,607.
What are some comparable homes to 3 Solomon Pierce Road?
There are currently no comparable homes to 3 Solomon Pierce Road.
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