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Lexington 02420 East Lexington
4 Taft Avenue
$1,149,000
● House - Off Market

4 Taft Avenue

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$910,024
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Looking for character and location, then this is your home! A solidly built and well-maintained sunny house offering hardwood floors, a French door, two fireplaces, updated baths, baths and one car garage with exterior level 2 EV charger. There are wonderful gardens amidst the private back and side yards. Walk out your front door to bus routes into Cambridge and Boston, Wilson Farm, the Minuteman Bikeway, and a variety of restaurants and shops. Wonderful setting offering a convenient lifestyle, nice green space, exceptional schools and a great community feel. A property not to be missed!
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$592
Property Type
House
Property Taxes
$948
HOA Dues
-
Year Built
1935

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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 #72957454)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Mar 24, 2022 Listed by Barrett Sotheby's International Realty $898,000
Listed by Barrett Sotheby's International Realty
Jun 15, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 654
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,243
  • Total Building Area: 1,638
  • Gross Building Area: 2,553
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0013 L:000041
  • Lot: 41
  • Municipality: LEXINGTON
  • Latitude: 42.4251
  • Longitude: -71.1942

    Address

  • Full Address: 4 Taft Ave
  • Address - House Number: 4
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C008
  • 4-Digit Zip Code: 4119
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,205,100

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,128,897
  • High Value: 1,328,973
  • Low Value: 928,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $927,000
  • Assessed Land Value: $502,000
  • Assessed Improvements Value: $425,000

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71511
  • Previous Sale Recording Date: Jun 15, 1987
  • Previous Sale Amount: $287,000
  • 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 East Lexington

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

50

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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# 72957454

Frequently Asked Questions

When was property at 4 Taft Avenue built and last sold?
The property at 4 Taft Avenue was built in 1935 and last sold on May 12, 2022 for $1,149,000.
How much is this home worth?
The estimated value of the home located at 4 Taft Avenue is $927,377.
What are some comparable homes to 4 Taft Avenue?
There are currently no comparable homes to 4 Taft Avenue.
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