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Lexington 02421 Follen Heights
39 Philip Road
Photo of 39 Philip Road
Sold on Aug 19, 2009

1

Map

$720,000
● House - Off Market

39 Philip Road

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,375 Ft²
$1,501,590
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

WOW! Brick front split entry home on pretty level lot. Gorgeous kitchen with maple cabinets,new stainless ovens & dw, all open to a sunny cathedral ceiling family room. Gleaming HW floors,almost all interior and entire exterior freshly painted,central AC up, sprinkler system with separate water meter, invisible dog fence,alarm & new roof. Lower level offers additional family/rec room plus large office. Stroll to Bowman School. Great commuter location. See it and you'll know you're home!
Unit Size
2,375 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$307
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
1965

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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 #70925106)

Price History

Date / Event Date Event Price
Aug 19, 2009 Sold
Premium
Sold
May 28, 2009 Listed $729,900
Listed
Aug 10, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • 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: 436
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,936
  • Total Building Area: 1,575
  • Gross Building Area: 3,100
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • 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:000139
  • Lot: 139
  • Municipality: LEXINGTON
  • Latitude: 42.4204
  • Longitude: -71.2151

    Address

  • Full Address: 39 Philip Rd
  • Address - House Number: 39
  • Address - Street Name: Philip
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C032
  • 4-Digit Zip Code: 6126
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,387,100

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,262,474
  • High Value: 1,486,224
  • Low Value: 1,038,723

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,067,000
  • Assessed Land Value: $647,000
  • Assessed Improvements Value: $420,000

    Sales

  • Current Sale Recording Date: Aug 19, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01511136
  • Previous Sale Recording Date: Aug 10, 1995
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 43
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

$529

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70925106

Frequently Asked Questions

When was property at 39 Philip Road built and last sold?
The property at 39 Philip Road was built in 1965 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 39 Philip Road is $762,329.
What are some comparable homes to 39 Philip Road?
There are currently no comparable homes to 39 Philip Road.
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