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Lexington 02421 North Lexington
30 Patterson Road
$465,000
● House - Off Market

30 Patterson Road

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,291 Ft²
$912,503
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

This mid-century contemporary is set on a private, wooded half acre cul-de-sac lot. It has a flexible floor plan with 3 bedrooms + an office and 2 bathrooms. The living room features a dramatic cathedral ceiling, beautiful windows overlooking conservation land, a skylight, wood burning fireplace and hardwood floors. The exterior features a deck, patio,  2 car carport and fenced yard. Commuter's dream with easy access to 128/95 and Rt 2 to Cambridge / Boston.
Unit Size
2,291 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$196
Property Type
House
Property Taxes
$627
HOA Dues
-
Year Built
2015

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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 #71357667)

Price History

Date / Event Date Event Price
Jun 19, 2012 Sold
Premium
Sold
Mar 27, 2012 Listed by Hammond Residential $448,000
Listed by Hammond Residential
Mar 1, 2002 Sold
Premium
Sold
Oct 19, 2001 Listed by Hammond Residential $499,000
Listed by Hammond Residential
Aug 31, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,808
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,450
  • Total Building Area: 3,519
  • Gross Building Area: 8,424
  • Building Area: 3,519
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,519
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000538
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358600

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0059 L:000102
  • Lot: 102
  • Municipality: LEXINGTON
  • Latitude: 42.4545
  • Longitude: -71.2593

    Address

  • Full Address: 30 Patterson Rd
  • Address - House Number: 30
  • Address - Street Name: Patterson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C040
  • 4-Digit Zip Code: 6428
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,308,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,174,516
  • High Value: 2,559,909
  • Low Value: 1,789,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,776,000
  • Assessed Land Value: $785,000
  • Assessed Improvements Value: $991,000

    Sales

  • Current Sale Recording Date: Jun 19, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Mar 01, 2002
  • Previous Sale Amount: $475,000
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,600,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3612 ft²

Average Home Age

45.5 years

Currently For Sale

27 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71357667

Frequently Asked Questions

When was property at 30 Patterson Road built and last sold?
The property at 30 Patterson Road was built in 2015 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 30 Patterson Road is $504,468.
What are some comparable homes to 30 Patterson Road?
There are currently no comparable homes to 30 Patterson Road.
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