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Lexington 02420 Lexington Town Center
4 Burroughs Road
$2,788,888
● House - Off Market

4 Burroughs Road

Lexington, MA 02420
bedrooms
7 Beds
bathrooms
6 Baths
square feet
6,900 Ft²
$4,686,606
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Spectacular Nantucket reproduction, of a shingle and stone colonial located in Burnham Farms. Situated on a 30,000 sq.ft. lot. This home presents 6,500 sq.ft. of gracious living space with 16 rooms, 7 bedrooms and 6 full bathrooms. Beautiful Architectural Detail throughout the entire home with 10 ft. high ceilings, Custom kitchen and high end finishes throughout. Attached to the home is a three car garage with private backyard, and large patio, ideal for outdoor entertaining. Easy access to major highways, shopping, and medical facilities. June Occupancy.
Unit Size
6,900 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$391
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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 #71800321)

Price History

Date / Event Date Event Price
Sep 30, 2015 Sold
Premium
Sold
Mar 12, 2015 Listed by Coldwell Banker Residential Brokerage - Lexington $2,695,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Sep 4, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 10
  • 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: 2,518
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,435
  • Total Building Area: 6,551
  • Gross Building Area: 12,994
  • Building Area: 6,551
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 6,551
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000699
  • 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:0062 L:000026
  • Lot: 26
  • Municipality: LEXINGTON
  • Latitude: 42.4592
  • Longitude: -71.2085

    Address

  • Full Address: 4 Burroughs Rd
  • Address - House Number: 4
  • Address - Street Name: Burroughs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C033
  • 4-Digit Zip Code: 1948
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,884,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 3,869,709
  • High Value: 4,348,538
  • Low Value: 3,390,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,988,000
  • Assessed Land Value: $998,000
  • Assessed Improvements Value: $1,990,000

    Sales

  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 166789
  • Previous Sale Recording Date: Sep 04, 2013
  • Previous Sale Amount: $925,000
  • Previous Sale Document Type: O
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

Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$3,080 /mo

  • 1 Bed
  • 1 Bath
  • 1,058 ft²
2 Littles Brook Court #Concord, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71800321

Frequently Asked Questions

When was property at 4 Burroughs Road built and last sold?
The property at 4 Burroughs Road was built in 2015 and last sold on Jan 1, 1970 for $2,788,888.
How much is this home worth?
The estimated value of the home located at 4 Burroughs Road is $2,729,536.
What are some comparable homes to 4 Burroughs Road?
There are currently no comparable homes to 4 Burroughs Road.
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