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Lexington 02420 East Lexington
36 Cliffe Avenue
$741,000
● House - Off Market

36 Cliffe Avenue

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$1,069,300
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

Cherished by the same family for 61 years, this well maintained custom classic Cape is located on a lightly traveled street in a convenient Harrington School neighborhood.    Featuring 3 good size bedrooms with ample closet space, 1.5 baths, gleaming hardwood floors, eat-in kitchen, formal dining room with bead board and room for expansion.  Recent updates include replacement windows throughout, attractive stone wall and steps, new storm doors, several newer interior doors, painted first floor, refurbished hardwood floors, newer roof and so much more.  Enjoy the pretty back yard with patio, appealing corner lot and a wonderful location near the bike path, Great Meadows, restaurants, shops and public transportation.  Welcome home!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$453
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1956

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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 #72217892)

Price History

Date / Event Date Event Price
Oct 11, 2017 Sold
Premium
Sold
Aug 23, 2017 Listed by Barrett Sotheby's International Realty $685,000
Listed by Barrett Sotheby's International Realty
Aug 8, 2012 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 576
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,125
  • Total Building Area: 1,512
  • Gross Building Area: 2,592
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0020 L:000153
  • Lot: 153
  • Municipality: LEXINGTON
  • Latitude: 42.4285
  • Longitude: -71.1947

    Address

  • Full Address: 36 Cliffe Ave
  • Address - House Number: 36
  • Address - Street Name: Cliffe
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C005
  • 4-Digit Zip Code: 3040
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $947,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 870,308
  • High Value: 1,011,817
  • Low Value: 728,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $729,000
  • Assessed Land Value: $550,000
  • Assessed Improvements Value: $179,000

    Sales

  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 164285
  • Previous Sale Recording Date: Aug 08, 2012
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 27
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 East Lexington

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$564

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3043 ft²

Average Home Age

48.8 years

Currently For Sale

4 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# 72217892

Frequently Asked Questions

When was property at 36 Cliffe Avenue built and last sold?
The property at 36 Cliffe Avenue was built in 1956 and last sold on Jan 1, 1970 for $741,000.
How much is this home worth?
The estimated value of the home located at 36 Cliffe Avenue is $707,781.
What are some comparable homes to 36 Cliffe Avenue?
There are currently no comparable homes to 36 Cliffe Avenue.
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