$525,000
●
Condo -
Off Market
4 Potter Pond #4
Lexington, MA 02421
1 Bed
2 Baths,
1
Half Bath
750 Ft²
$3,856
Est. Monthly
$591
HOA / Fees
3.04%
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 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.
Unit Size
750 Ft²
Days on Market
-
Land Size
-
Price per sqft
$733
Property Type
Condo
Property Taxes
$567
HOA Dues
$591
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 #73197580)
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 | |||
| Dec 11, 2023 | Withdrawn | - | |
| Withdrawn | |||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, Breakfast Bar / Nook
Level: First
Features: Bathroom - Half
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Basement
Level: First
Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Carpet
Laundry Features: In Basement, In Building
Rooms: 4
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Storage
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Patio - Enclosed
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: PD
Parcel Number: 547263
Water Source: Public
Financial Details
Tax Assessed Value: $555,000
Tax Annual Amount: $6,798
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: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
HOA Fee: $591
Complex is Completed
Management: Professional - Off 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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017