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Lexington 02421 Follen Heights
31 Buckman
$1,001,000
● House - Off Market

31 Buckman

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$1,482,465
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Updates, Charm and Location !  Follen Hill Colonial with open floor plan, sun-filled rooms, numerous built-ins, hardwood floors throughout and countless updates.  Since 2012 updates include: all new kitchen, all new half bath, all new 2nd floor bath, removed walls and added french doors, re-pointed chimney, added spray insulation above the garage and spray insulation in the attic, replaced bulkhead to basement, added overhead lighting and removed trees and leveled backyard.The first floor offers a generous living room with a  fireplace flanked by two built-in bookshelves, a playroom with french doors, open dining area  with two corner cupboards, new kitchen and powder room.  The second floor has a spacious master bedroom with double closets, two bedrooms and a new bath with shower, tub and double sinks.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$475
Property Type
House
Property Taxes
$1,070
HOA Dues
-
Year Built
1947

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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 #72150612)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by Coldwell Banker Residential Brokerage - Weston $950,000
Listed by Coldwell Banker Residential Brokerage - Weston
Feb 23, 2012 Sold
Premium
Sold
Nov 11, 2011 Listed by Coldwell Banker Residential Brokerage - Weston $714,500
Listed by Coldwell Banker Residential Brokerage - Weston

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 970
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,760
  • Total Building Area: 1,616
  • Gross Building Area: 3,210
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000316
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0022 L:000180
  • Lot: 180
  • Municipality: LEXINGTON
  • Latitude: 42.4289
  • Longitude: -71.216

    Address

  • Full Address: 31 Buckman Dr
  • Address - House Number: 31
  • Address - Street Name: Buckman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lexington
  • Carrier Code: C032
  • 4-Digit Zip Code: 6019
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,703,000

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,548,432
  • High Value: 1,822,863
  • Low Value: 1,274,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,310,000
  • Assessed Land Value: $913,000
  • Assessed Improvements Value: $397,000

    Sales

  • Current Sale Contract Date: Jul 12, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1766539
  • Previous Sale Recording Date: Feb 23, 2012
  • Previous Sale Amount: $677,700
  • Previous Sale Document Type: O
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 Follen Heights

Stats & Trends

Median Asking:

$1,389,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3830 ft²

Average Home Age

42.8 years

Currently For Sale

13 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# 72150612

Frequently Asked Questions

When was property at 31 Buckman Drive built and last sold?
The property at 31 Buckman Drive was built in 1947 and last sold on Jul 12, 2017 for $1,001,000.
How much is this home worth?
The estimated value of the home located at 31 Buckman Drive is $962,387.
What are some comparable homes to 31 Buckman Drive?
There are currently no comparable homes to 31 Buckman Drive.
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