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Lexington 02420 Lexington Town Center
39 Vine Street
$698,000
● House - Off Market

39 Vine Street

Lexington, MA 02420
bedrooms
2 Beds
bathrooms
1 Bath
square feet
947 Ft²
$787,402
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Charm filled Colonial with a cheery presence on a side street surrounded by beautiful gardens and outdoor relaxation space. Truly a must see with great possibilities for those looking for a first home, to downsize or as a condo alternative. Conveniently located  on a side street near the Minuteman Bikeway, Cary Hall, the MBTA busline, the Lower Vine Brook conservation area, town center and all that Lexington has to offer. Features of note include- gleaming hardwood and southern yellow pine floors, fireplaced living room, eat-in kitchen with garden views, mudroom, loft space with a variety of uses and  basement playroom/ office, peaceful backyard patio, large shed.
Unit Size
947 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$737
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1890

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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: 5 years ago (MLSPIN #72895671)

Price History

Date / Event Date Event Price
Nov 4, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Compass $698,000
Listed by Compass
Mar 2, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 583
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,161
  • Total Building Area: 947
  • Gross Building Area: 1,530
  • Building Area: 947
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 947
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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:0048 L:000230
  • Lot: 230
  • Municipality: LEXINGTON
  • Latitude: 42.4469
  • Longitude: -71.2188

    Address

  • Full Address: 39 Vine St
  • Address - House Number: 39
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 2218
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $793,000

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 804,163
  • High Value: 973,630
  • Low Value: 634,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610,000
  • Assessed Land Value: $477,000
  • Assessed Improvements Value: $133,000

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 242387
  • Previous Sale Recording Date: Mar 02, 1993
  • Previous Sale Amount: $142,000
  • 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 Lexington Town Center

Stats & Trends

Median Asking:

$1,999,500

Sale Price/ft²

$599

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4419 ft²

Average Home Age

77.8 years

Currently For Sale

26 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: 5 years ago
Data Source: MLS PIN, MLS# 72895671

Frequently Asked Questions

When was property at 39 Vine Street built and last sold?
The property at 39 Vine Street was built in 1890 and last sold on Nov 4, 2021 for $698,000.
How much is this home worth?
The estimated value of the home located at 39 Vine Street is $701,718.
What are some comparable homes to 39 Vine Street?
There are currently no comparable homes to 39 Vine Street.
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