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Lexington 02420 North Lexington
33 Grove Street
$1,299,000
● House - Off Market

33 Grove Street

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,430 Ft²
$2,398,219
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model

About This Property

January 2014 Occupancy! Custom crafted by one of Lexington's most renowned builders, this wonderful new Colonial has 4430sf of quality living space on three finished levels. This bright and open floor plan will have eleven well proportioned rooms featuring large chef's kitchen with island overlooking breakfast room and spacious family room with fireplace, five bedrooms and four and a half bathrooms and finished walkout lower level. Sited on a beautiful 1/3 acre lot in newly built Estabrook Elementary school district. Third floor offers space for future expansion. Photos are from builder's prior projects. Similar finishes to be used.
Unit Size
4,430 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$293
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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: 5 months ago (MLSPIN #71552444)

Price History

Date / Event Date Event Price
Mar 5, 2014 Sold
Premium
Sold
Jul 9, 2013 Listed by Hammond Residential $1,299,900
Listed by Hammond Residential
Jul 8, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 9
  • 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: 1,235
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,250
  • Total Building Area: 3,481
  • Gross Building Area: 5,433
  • Building Area: 3,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,481
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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:0077 L:000139
  • Lot: 139
  • Municipality: LEXINGTON
  • Latitude: 42.4707
  • Longitude: -71.2343

    Address

  • Full Address: 33 Grove St
  • Address - House Number: 33
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1623
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,145,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,036,887
  • High Value: 2,368,076
  • Low Value: 1,705,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,650,000
  • Assessed Land Value: $672,000
  • Assessed Improvements Value: $978,000

    Sales

  • Current Sale Recording Date: Mar 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27489
  • Previous Sale Recording Date: Jul 08, 2013
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: O

    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 North Lexington

Stats & Trends

Median Asking:

$1,599,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3697 ft²

Average Home Age

34.2 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 71552444

Frequently Asked Questions

When was property at 33 Grove Street built and last sold?
The property at 33 Grove Street was built in 2014 and last sold on Jan 1, 1970 for $1,299,000.
How much is this home worth?
The estimated value of the home located at 33 Grove Street is $1,314,677.
What are some comparable homes to 33 Grove Street?
There are currently no comparable homes to 33 Grove Street.
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