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Lexington 02420 North Lexington
4 White Terrace
$930,000
● House - Off Market

4 White Terrace

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,989 Ft²
$1,397,159
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Custom designed by the current owner, this four bedroom, three bath home is a fine example of mid-century architecture. It offers pride of place on a prime cul-de-sac setting, a significant addition that added a two-car garage, first floor in-home office or large bedroom and full bath with separate entrance. This spacious nine room home has a great lot with over 200' of frontage, an extraordinary screened in porch, an updated kitchen and built-in bookcases everywhere. Freshly painted throughout and near the sought-after Estabrook and Diamond schools, this home represents a great opportunity in the "under one million" price point!
Unit Size
1,989 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$452
Property Type
House
Property Taxes
$982
HOA Dues
-
Year Built
1963

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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 #72197661)

Price History

Date / Event Date Event Price
Aug 21, 2017 Sold
Premium
Sold
Jul 13, 2017 Listed by Barrett Sotheby's International Realty $899,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 520
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,098
  • Total Building Area: 1,248
  • Gross Building Area: 4,083
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000829
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0077 L:000174
  • Lot: 174
  • Municipality: LEXINGTON
  • Latitude: 42.4708
  • Longitude: -71.2337

    Address

  • Full Address: 4 White Ter
  • Address - House Number: 4
  • Address - Street Name: White
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lexington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1627
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,502,800

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,458,350
  • High Value: 1,688,384
  • Low Value: 1,228,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,156,000
  • Assessed Land Value: $684,000
  • Assessed Improvements Value: $472,000

    Sales

  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133511
  • Previous Sale Recording Date: Sep 12, 2016
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,630,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3578 ft²

Average Home Age

45.6 years

Currently For Sale

28 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# 72197661

Frequently Asked Questions

When was property at 4 White Terrace built and last sold?
The property at 4 White Terrace was built in 1963 and last sold on Jan 1, 1970 for $930,000.
How much is this home worth?
The estimated value of the home located at 4 White Terrace is $922,098.
What are some comparable homes to 4 White Terrace?
There are currently no comparable homes to 4 White Terrace.
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