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Lexington 02420 Countryside
31 Sanderson Road
$920,000
● House - Off Market

31 Sanderson Road

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,040 Ft²
$1,521,059
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

Contemporary home in fabulous 1+ acre setting!  4 Bedrooms, 2 ½ Baths, soaring ceilings, screened Porch, and sparkling oak floors.  31' Family Room with fireplace, open Dining Area and 3-season Porch.  Lovely, east-facing cozy Kitchen opens to Porch that runs the depth of the home.  Upper level offers Master Bedroom with attached ½-Bath, plus two Bedrooms and full Bath.   Lower Level Bedroom or Office, inviting Playroom and ¾ Bath with Laundry.  Attached 2-car side Garage and plenty of storage.   A nearby path leads children straight to the Crossing Guard and new Harrington elementary school.  1.15-acres in idyllic neighborhood near the  "Great Meadows" gorgeous trails for hiking, bird watching and dog walking. Lovely home long on style and location!
Unit Size
2,040 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$441
Property Type
House
Property Taxes
$883
HOA Dues
-
Year Built
2016

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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 #71966879)

Price History

Date / Event Date Event Price
Apr 26, 2016 Sold
Premium
Sold
Mar 3, 2016 Listed by Coldwell Banker Residential Brokerage - Lexington $899,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 1,339
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,037
  • Total Building Area: 3,211
  • Gross Building Area: 6,758
  • Building Area: 3,211
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,211
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001149
  • 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:0037 L:000060
  • Lot: 60
  • Municipality: LEXINGTON
  • Latitude: 42.4433
  • Longitude: -71.1969

    Address

  • Full Address: 31 Sanderson Rd
  • Address - House Number: 31
  • Address - Street Name: Sanderson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2618
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,350,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 2,387,347
  • High Value: 2,682,752
  • Low Value: 2,091,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,808,000
  • Assessed Land Value: $849,000
  • Assessed Improvements Value: $959,000

    Sales

  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63662

    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 Countryside

Stats & Trends

Median Asking:

$1,750,000

Sale Price/ft²

$530

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4193 ft²

Average Home Age

46.7 years

Currently For Sale

14 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: 4 months ago
Data Source: MLS PIN, MLS# 71966879

Frequently Asked Questions

When was property at 31 Sanderson Road built and last sold?
The property at 31 Sanderson Road was built in 2016 and last sold on Jan 1, 1970 for $920,000.
How much is this home worth?
The estimated value of the home located at 31 Sanderson Road is $921,618.
What are some comparable homes to 31 Sanderson Road?
There are currently no comparable homes to 31 Sanderson Road.
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