$675,000
●
Condo -
Off Market
33 Forest Street #310
Lexington, MA 02421
1 Bed
1 Bath
785 Ft²
$4,554
Est. Monthly
$622
HOA / Fees
About This Property
Sunny, light-filled condominium with soaring ceilings in the heart
of Lexington Center. The large open concept living and dining area
provide ample space for full size seating area and dining room. The
updated kitchen has plenty of cabinet space and eat-in area. The
bedroom is good sized, with double closets. Full bathroom has white
tiled bathtub and shower. There are multiple closets for storage as
well as custom pantry. In unit washer and dryer. The building is
beautiful, has an elevator and is handicapped accessible. There is
common outdoor area for grilling and enjoying the beautiful views.
All of Lexington Center is at your doorstep with Cary Library, the
movie theatre, fabulous restaurants, bakeries and shops all right
there! The Minuteman Bikeway and public transportation to the city
are a moment away. Don't miss your opportunity to become part of
the special Hancock School community, come see it today!
Unit Size
785 Ft²
Days on Market
-
Land Size
-
Price per sqft
$860
Property Type
Condo
Property Taxes
$618
HOA Dues
$622
Year Built
-
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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 #73271286)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by William Raveis R.E. & Home Services | $675,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Sunny, light-filled condominium with soaring ceilings in the heart of Lexington Center. The large open concept living and dining area provide ample space for full size seating area and dining room. The updated kitchen has plenty of cabinet space and eat-in area. The bedroom is good sized, with double closets. Full bathroom has white tiled bathtub and shower. There are multiple closets for storage as well as custom pantry. In unit washer and dryer. The building is beautiful, has an elevator and is handicapped accessible. There is common outdoor area for grilling and enjoying the beautiful views. All of Lexington Center is at your doorstep with Cary Library, the movie theatre, fabulous restaurants, bakeries and shops all right there! The Minuteman Bikeway and public transportation to the city are a moment away. Don't miss your opportunity to become part of the special Hancock School community, come see it today!
| |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Deeded, Paved
Interior Details
Full Bathrooms: 1
Interior Features: Loft
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Tile, Carpet
Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup, Closet/Cabinets - Custom Built, First Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 785
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1891
Building Name: The Hancock School Condominium
Building Area Total: 785
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $605,000
Tax Annual Amount: $7,411
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Elevator(s), Storage
HOA Fee: $622
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
1 Bed
|
1 Bath
|
785 ft²
|
$675,000
1 Bed
1 Bath
785 ft²
|
$675,000
09/12/2024
|
The Murphy Group Lexington
William Raveis R.E. & Home Services
| |
|
10/26/2023
|
2 Bed
|
1 Bath
|
1042 ft²
|
$798,000
2 Bed
1 Bath
1042 ft²
|
$780,000
-2.26%
11/17/2023
|
Jilai Yang
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
04/26/2023
|
2 Bed
|
2 Bath
|
1418 ft²
|
$898,000
2 Bed
2 Bath
1418 ft²
|
$1,000,000
+11.36%
07/14/2023
|
Lester Savage
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
12/19/2022
|
2 Bed
|
2 Bath
|
1215 ft²
|
$849,900
2 Bed
2 Bath
1215 ft²
|
$815,000
-4.11%
03/27/2023
|
Marcy Blocker
Coldwell Banker Realty - Wellesley
| |
|
05/04/2022
|
2 Bed
|
2 Bath
|
1552 ft²
|
$899,000
2 Bed
2 Bath
1552 ft²
|
$1,020,000
+13.46%
07/12/2022
|
Judith Moore
Barrett Sotheby's International Realty
| |
|
04/28/2022
|
2 Bed
|
1 Bath
|
1131 ft²
|
$738,000
2 Bed
1 Bath
1131 ft²
|
$875,000
+18.56%
06/02/2022
|
Lester Savage
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
03/11/2021
|
2 Bed
|
1 Bath
|
1042 ft²
|
$700,000
2 Bed
1 Bath
1042 ft²
|
$672,500
-3.93%
04/28/2021
|
Krassi Diehl
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/16/2020
|
2 Bed
|
1 Bath
|
944 ft²
|
$589,000
2 Bed
1 Bath
944 ft²
|
$600,000
+1.87%
08/28/2020
|
The Murphy Group Lexington
William Raveis R.E. & Home Services
| |
|
04/16/2020
|
2 Bed
|
1 Bath
|
1429 ft²
|
$799,000
2 Bed
1 Bath
1429 ft²
|
$790,000
-1.13%
07/16/2020
|
Nancy Pallotta
Leading Edge Real Estate
| |
|
02/12/2020
|
2 Bed
|
2 Bath
|
1045 ft²
|
$600,000
2 Bed
2 Bath
1045 ft²
|
$680,000
+13.33%
03/12/2020
|
Dani Fleming's MAPropertiesOnline T
Leading Edge Real Estate
| |
|
07/06/2017
|
3 Bed
|
2 Bath
|
1668 ft²
|
$775,000
3 Bed
2 Bath
1668 ft²
|
$820,000
+5.81%
08/09/2017
|
Sandra Rosen
Barrett Sotheby's International Realty
| |
|
04/20/2017
|
2 Bed
|
2 Bath
|
1215 ft²
|
$699,000
2 Bed
2 Bath
1215 ft²
|
$730,000
+4.43%
06/08/2017
|
Dani Fleming's MAPropertiesOnline Team
Leading Edge Real Estate
| |
|
05/28/2015
|
2 Bed
|
1 Bath
|
944 ft²
|
$499,000
2 Bed
1 Bath
944 ft²
|
$492,500
-1.30%
09/18/2015
|
David Williams
Keller Williams Realty
| |
|
04/15/2015
|
3 Bed
|
2 Bath
|
1668 ft²
|
$749,000
3 Bed
2 Bath
1668 ft²
|
$808,000
+7.88%
07/15/2015
|
Dani Fleming's MAPropertiesOnline T
Leading Edge Real Estate
| |
|
01/30/2014
|
1 Bed
|
1 Bath
|
863 ft²
|
$454,900
1 Bed
1 Bath
863 ft²
|
$441,540
-2.94%
06/27/2014
|
Stephen Dirrane
RE/MAX Leading Edge
| |
|
09/20/2012
|
2 Bed
|
2 Bath
|
1215 ft²
|
$629,000
2 Bed
2 Bath
1215 ft²
|
$595,000
-5.41%
11/12/2012
|
Diane Higgins
Barrett Sotheby's International Realty
| |
|
06/07/2012
|
2 Bed
|
1 Bath
|
1045 ft²
|
$585,000
2 Bed
1 Bath
1045 ft²
|
$580,000
-0.85%
07/26/2012
|
Meaghan Murphy
Keller Williams Realty
| |
|
01/24/2012
|
3 Bed
|
2 Bath
|
1668 ft²
|
$725,000
3 Bed
2 Bath
1668 ft²
|
$700,000
-3.45%
03/09/2012
|
Beverly Davis
Compass
| |
|
01/20/2012
|
2 Bed
|
2 Bath
|
1034 ft²
|
$620,000
2 Bed
2 Bath
1034 ft²
|
$589,000
-5.00%
10/01/2012
|
Jacquelyn Hawkinson
Barrett Sotheby's International Realty
| |
|
01/18/2012
|
2 Bed
|
1 Bath
|
1084 ft²
|
$595,000
2 Bed
1 Bath
1084 ft²
|
$575,000
-3.36%
05/01/2012
|
David Williams
Keller Williams Realty
| |
|
06/21/2006
|
2 Bed
|
1 Bath
|
1240 ft²
|
$479,000
2 Bed
1 Bath
1240 ft²
|
$475,000
-0.84%
09/12/2006
|
Lester Savage
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/17/2006
|
2 Bed
|
2 Bath
|
1375 ft²
|
$499,000
2 Bed
2 Bath
1375 ft²
|
$450,000
-9.82%
11/20/2006
|
Susan Gilbert Phillips
The Higgins Group REALTORS®
| |
|
09/08/2004
|
2 Bed
|
1 Bath
|
1100 ft²
|
$419,500
2 Bed
1 Bath
1100 ft²
|
$400,000
-4.65%
02/08/2005
|
Carole Shoupe
The Higgins Group REALTORS®
| |
|
09/02/2003
|
2 Bed
|
1 Bath
|
1240 ft²
|
$439,900
2 Bed
1 Bath
1240 ft²
|
$430,833
-2.06%
12/15/2003
|
Charla Coleman
William Raveis R.E. & Home Services
| |
|
05/21/2002
|
2 Bed
|
1 Bath
|
950 ft²
|
$384,000
2 Bed
1 Bath
950 ft²
|
$377,000
-1.82%
02/24/2003
|
Carole Shoupe
Carlson GMAC Real Estate
| |
|
08/15/2000
|
2 Bed
|
1 Bath
|
950 ft²
|
$299,000
2 Bed
1 Bath
950 ft²
|
$331,000
+10.70%
09/27/2000
|
Carole Shoupe
The Higgins Group REALTORS®
| |
|
08/01/2000
|
2 Bed
|
2 Bath
|
1300 ft²
|
$325,000
2 Bed
2 Bath
1300 ft²
|
$376,000
+15.69%
10/27/2000
|
Carole Shoupe
The Higgins Group REALTORS®
| |
|
02/13/1996
|
2 Bed
|
2 Bath
|
1525 ft²
|
$234,500
2 Bed
2 Bath
1525 ft²
|
$221,500
-5.54%
06/13/1996
|
Norma Perry
| |
|
09/07/1995
|
1 Bed
|
1 Bath
|
900 ft²
|
$149,900
1 Bed
1 Bath
900 ft²
|
$141,500
-5.60%
12/28/1995
|
Catharina Dirks
|
Building Info
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