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Lexington 02421 Lexington Town Center
39 Sherburne Road
$866,000
● House - Off Market

39 Sherburne Road

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,867 Ft²
$1,592,682
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Endearing custom built home located in one of Lexington's coveted neighborhoods, near center, Hayden, town recreation areas and the High School. This splendid residence has been meticulously maintained and is sited on a delightful lot with a stoned patio.  It offers spacious living that includes a lovely living room with fireplace and bow window. There is a formal dining room with built-in china cabinet; also a first floor family room and an eat-in kitchen.  It has three bedrooms, a laundry room and 2 full baths. There is a first floor den and the lower level has a recreation room with a fireplace; a study with built-book case and closet.
Unit Size
1,867 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$449
Property Type
House
Property Taxes
$897
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: 4 months ago (MLSPIN #71578988)

Price History

Date / Event Date Event Price
Nov 4, 2013 Sold
Premium
Sold
Sep 5, 2013 Listed by The Higgins Group REALTORS® $839,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 18
  • 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: 2,955
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,625
  • Total Building Area: 6,485
  • Gross Building Area: 12,993
  • Building Area: 6,485
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 6,485
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000359
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0040 L:000132
  • Lot: 132
  • Municipality: LEXINGTON
  • Latitude: 42.4398
  • Longitude: -71.226

    Address

  • Full Address: 39 Sherburne Rd
  • Address - House Number: 39
  • Address - Street Name: Sherburne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C004
  • 4-Digit Zip Code: 5521
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,460,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 3,274,018
  • High Value: 3,679,137
  • Low Value: 2,868,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,662,000
  • Assessed Land Value: $930,000
  • Assessed Improvements Value: $1,732,000

    Sales

  • Current Sale Recording Date: Nov 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000165
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 Lexington Town Center

Stats & Trends

Median Asking:

$2,075,000

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4006 ft²

Average Home Age

77 years

Currently For Sale

25 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# 71578988

Frequently Asked Questions

When was property at 39 Sherburne Road built and last sold?
The property at 39 Sherburne Road was built in 2014 and last sold on Jan 1, 1970 for $866,000.
How much is this home worth?
The estimated value of the home located at 39 Sherburne Road is $868,484.
What are some comparable homes to 39 Sherburne Road?
There are currently no comparable homes to 39 Sherburne Road.
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