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Lexington 02420 North Lexington
32 Dewey Rd
$874,000
● House - Off Market

32 Dewey Rd

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,995 Ft²
$1,158,199
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Walk to Estabrook Elementary School on sidewalks or through abutting conservation land from this classic 4 bedroom 2.5 bath Colonial in pretty family neighborhood.  Gorgeous 2018 granite/maple/stainless eat-in kitchen w HW floor is open to bright south facing fam rm, front to back liv rm w FP, formal DR, powder rm, 4 BR upstairs includes MBR w mstr bath + family bath. Stairway to 3rd floor w large storage area. Walk-out unfinished basement, 2 car gar under. Beautiful new + refinished hardwood floors. Recent updates: heating system, roof, electric, updated half bath, garage doors, most insulated windows. Possible neighborhood Paint Rock Pool membership. Convenient commuter location. This is a rare, well maintained classic Colonial in a wonderful bucolic neighborhood in Boston's top suburb.
Unit Size
1,995 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$401
Property Type
House
Property Taxes
$1,022
HOA Dues
-
Year Built
1967

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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 #72458824)

Price History

Date / Event Date Event Price
Mar 20, 2019 Sold
Premium
Sold
Feb 28, 2019 Listed by Coldwell Banker Residential Brokerage - Concord $799,000
Listed by Coldwell Banker Residential Brokerage - Concord
Feb 9, 2004 Sold
Premium
Sold
Sep 4, 2003 Listed by Coldwell Banker Residential Brokerage - Concord $649,000
Listed by Coldwell Banker Residential Brokerage - Concord

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 600
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,871
  • Total Building Area: 1,955
  • Gross Building Area: 3,035
  • Building Area: 1,955
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,955
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000709
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0087 L:000055
  • Lot: 55
  • Municipality: LEXINGTON
  • Latitude: 42.481
  • Longitude: -71.2395

    Address

  • Full Address: 32 Dewey Rd
  • Address - House Number: 32
  • Address - Street Name: Dewey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1018
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,396,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 1,326,301
  • High Value: 1,538,084
  • Low Value: 1,114,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,074,000
  • Assessed Land Value: $680,000
  • Assessed Improvements Value: $394,000

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1809433
  • Previous Sale Recording Date: Feb 09, 2004
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: 48
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# 72458824

Frequently Asked Questions

When was property at 32 Dewey Road built and last sold?
The property at 32 Dewey Road was built in 1967 and last sold on Mar 15, 2019 for $874,000.
How much is this home worth?
The estimated value of the home located at 32 Dewey Road is $820,669.
What are some comparable homes to 32 Dewey Road?
There are currently no comparable homes to 32 Dewey Road.
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