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Lexington 02420 East Lexington
36 Summer St
$500,000
● House - Off Market

36 Summer St

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,190 Ft²
$1,196,805
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

2.5 acres, abuts Whipple Hill conservation. House is on Lexington historic commission. Wetlands. Buyer to do due diligence.
Unit Size
1,190 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$529
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1910

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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 #71484080)

Price History

Date / Event Date Event Price
Jul 3, 2013 Sold
Premium
Sold
Feb 19, 2013 Listed by RE/MAX Destiny $629,000
Listed by RE/MAX Destiny

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 15
  • 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: 690
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,843
  • Total Building Area: 1,190
  • Gross Building Area: 2,157
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002499
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0028 L:000043
  • Lot: 43
  • Municipality: LEXINGTON
  • Latitude: 42.4342
  • Longitude: -71.1852

    Address

  • Full Address: 36 Summer St
  • Address - House Number: 36
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2814
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,003,600

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,016,643
  • High Value: 1,175,161
  • Low Value: 858,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,000
  • Assessed Land Value: $635,000
  • Assessed Improvements Value: $137,000

    Sales

  • Current Sale Recording Date: Jul 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1646074
  • Previous Sale Recording Date: Jul 03, 2013
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,249,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

50

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 71484080

Frequently Asked Questions

When was property at 36 Summer Street built and last sold?
The property at 36 Summer Street was built in 1910 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 36 Summer Street is $628,317.
What are some comparable homes to 36 Summer Street?
There are currently no comparable homes to 36 Summer Street.
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