$680,000
●
House -
Off Market
31 Simonds Rd
Lexington, MA 02420
2 Beds
1 Bath,
1
Half Bath
1,357 Ft²
$996,282
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model
About This Property
Storybook cape in the heart of the Manor sits atop a slight hill on
a beautifully developed corner lot with many mature plantings.
Relax on the patio in the private fenced yard or enjoy the garden
from the 3 season room with slider access to the yard. The front
entry leads to a formal dining room with built in china cabinet.
The kitchen is well designed to maximize space with a number of oak
cabinets and shelves. The half bath is tucked into the back foyer.
The front to back living room has a fireplace and is brightened by
four windows and a door to the sunroom with attached garage beyond.
Upstairs is a good size master with two closets and eaves storage.
The second bedroom is bright and sunny with built in drawers and
closet. The lower level has a large office/playroom with new W/W
carpet and build in bookshelves. HW floors throughout the main &
upper level, six panel doors, & oversized Andersen replacement
windows bring in an abundance of natural light and offer views to
the garden.
Unit Size
1,357 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$515
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1940
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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 #72508907)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Coldwell Banker Residential Brokerage - Lexington | $699,000 | |
| Listed by Coldwell Banker Residential Brokerage - Lexington | |||
| Jul 3, 2015 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by Barrett Sotheby's International Realty | $619,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| | |||
|
Lovingly Cared For Cape on pretty corner lot in the heart of The Manor. Numerous updates since 2006. Current owner’s attention to detail will make life easier in the years to come. Well planned gardens, walking paths, fenced private yard with patio, irrigation & cobblestone driveway. Inside is a dream w/hardwood on 1st & 2nd levels. The front entry leads to formal front to back LR w/fireplace & book shelves. Three-season porch updated in 2007 with tall French doors, elongated windows & direct access to garage & yard. Formal DR is charming w/china cabinet & chair rail. The kitchen is beyond efficient w/ added custom cabinetry, updated appliances, oversized stainless sink & two windows overlooking the gardens. Renovated powder room is brilliantly tucked in off the kitchen & has a bamboo floor. Family room on LL has knotty pine custom cabinetry & Berber carpet. Two bedrooms with architectural details including arched openings & custom built-ins plus renovated full bath in 2006.
| |||
| Jun 19, 2006 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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