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Lexington 02421 Follen Heights
36 Philip Road
Photo of 36 Philip Road
Sold on Aug 12, 2010

1

Map

$725,500
● House - Off Market

36 Philip Road

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,457 Ft²
$1,515,729
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Wow! That's what you'll say when you sit on the private deck and enjoy the gorgeous landscaping.  This spacious 5 bedroom 2 1/2 home features hardwood floors, fireplaced living room, formal dining room, eat in kitchen, and master bedroom with full bath.  The walk-out lower level offers a fireplaced family room, exercise room with sink and the fifth bedroom/office.  Sidewalks for an easy stroll to Bowman School.  Wilson's Farm nearby. Great commuter location
Unit Size
2,457 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$301
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1966

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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: 2 years ago (MLSPIN #71093574)

Price History

Date / Event Date Event Price
Aug 12, 2010 Sold
Premium
Sold
Jun 10, 2010 Listed $739,850
Listed
Oct 28, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 130
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,500
  • Total Building Area: 1,516
  • Gross Building Area: 3,236
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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:0008 L:000123
  • Lot: 123
  • Municipality: LEXINGTON
  • Latitude: 42.421
  • Longitude: -71.2148

    Address

  • Full Address: 36 Philip Rd
  • Address - House Number: 36
  • Address - Street Name: Philip
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C032
  • 4-Digit Zip Code: 6125
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,587,300

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,373,904
  • High Value: 1,617,403
  • Low Value: 1,130,404

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,221,000
  • Assessed Land Value: $645,000
  • Assessed Improvements Value: $576,000

    Sales

  • Current Sale Recording Date: Aug 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01539843
  • Previous Sale Recording Date: Oct 28, 2008
  • Previous Sale Amount: $33,000
  • 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 Follen Heights

Stats & Trends

Median Asking:

$1,389,000

Sale Price/ft²

$528

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 years

Currently For Sale

12 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71093574

Frequently Asked Questions

When was property at 36 Philip Road built and last sold?
The property at 36 Philip Road was built in 1966 and last sold on Jan 1, 1970 for $725,500.
How much is this home worth?
The estimated value of the home located at 36 Philip Road is $746,236.
What are some comparable homes to 36 Philip Road?
There are currently no comparable homes to 36 Philip Road.
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