$569,000
●
Condo -
Off Market
4 Potter Pond #4
Lexington, MA 02421
1 Bed
2 Baths,
1
Half Bath
$3,898
Est. Monthly
$564
HOA / Fees
2.93%
Cap Rate
About This Property
POTTER POND..A premier, well established condo community sited on
43 bucolic acres in the heart of Lexington. This DETACHED unit
is wonderfully private, full of light and well
proportioned. The open floor plan offers a lovely living
room/dining room plus a well equipped kitchen. The white
kitchen has gas cooking, ample storage and a convenient
breakfast bar. Hardwood floor, gracious entry hall, cathedral
ceilings, built in cabinetry, fireplace, large sliders all enhance
the first floor. There is a small loft that offers
flexibility for storage or guest accommodations. Spiral stairs lead
to the walk out lower level with the primary bedroom, large full
bath with a heated floor and laundry. There is access to a private
fenced yard with patio from the bedroom. There is also a
detached garage with additional storage. Play on the tennis courts
or relax by one of the three ponds . This condo offers the life
style of a home with the convenience of a condo. UNIT AVAILABLE TO
RENT
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$539
HOA Dues
$564
Year Built
1940
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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: 3 years ago (MLSPIN #73109461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Listed by Coldwell Banker Realty - Weston | $549,500 | |
| Listed by Coldwell Banker Realty - Weston | |||
| | |||
|
POTTER POND: A premier, well established. condo community sited on 43 bucolic acres in the heart of Lexington. This DETACHED unit is wonderfully private, full of light and well proportioned. The open floor plan offers a lovely living room/dining room plus a well equipped kitchen. The kitchen has gas cooking, ample storage and a convenient breakfast bar. Hardwood floors, gracious entry hall, cathedral ceilings, built in cabinetry, fireplace, large windows all enhance the first floor. Spiral stairs lead to the primary bedroom, large full bath with heated floor and laundry. There is access to a private fenced yard with patio from the bedroom.There is also a detached garage with additional storage. Play tennis on the courts or relax by one of the three ponds. This condo offers the lifestyle of a home with the convenience of a condo.
| |||
| Dec 11, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Oct 17, 2023 | Price Decreased |
$569,000
↓ $26K
(4.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Interior Details
Level: First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Storage, Gas Stove
Level: Second
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Half
Level: First
Features: Bathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet, Exterior Access
Level: Basement
Level: First
Features: Cathedral Ceiling(s), Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Loft
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range
Flooring Type: Wood, Carpet
Laundry Features: In Basement, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Patio, Patio - Enclosed
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RD
Parcel Number: 547263
Water Source: Public
Financial Details
Tax Assessed Value: $469,000
Tax Annual Amount: $6,472
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
HOA/Condo/Coop Amenities: Tennis Court(s)
Association Fee Frequency: Monthly
HOA Fee: $564
Pets Allowed: Yes w/ Restrictions
Management: Professional - On Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/30/2024
|
1 Bed
|
2 Bath
|
750 ft²
|
$549,500
1 Bed
2 Bath
750 ft²
|
$525,000
-4.46%
04/22/2024
|
Leeann Yolin
Coldwell Banker Realty - Weston
| |
|
05/10/2023
|
1 Bed
|
2 Bath
|
-
|
$649,000
1 Bed
2 Bath
|
-
-
|
Leeann Yolin
Coldwell Banker Realty - Weston
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017