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Lexington 02420 North Lexington
40 North St
Photo of 40 North St
Sold on May 21, 2008

1

Map

$625,000
● House - Off Market

40 North St

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,689 Ft²
$1,331,575
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

Tastefully Renovated full dormered Cape directly across from Willard's Woods conservation land!  New exquisite granite kitchen, cherry cabinets, stainless steel appliances, island, wine rack. Renovated baths, new hardwoods, modern paint, stairwell opened with hardwood stairs, spindles, oak railings.  New Dining room used to be the fourth bedroom and with minimal construction could be converted back. Gorgeous acre+ lot in a great setting bordering 75+ acres of conservation land.
Unit Size
1,689 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$400
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70727130)

Price History

Date / Event Date Event Price
May 21, 2008 Sold
Premium
Sold
Mar 14, 2008 Listed $675,000
Listed
Apr 27, 2006 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,611
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 3,312
  • Gross Building Area: 6,035
  • Building Area: 3,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,312
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0076 L:000015
  • Lot: 15
  • Municipality: LEXINGTON
  • Latitude: 42.4712
  • Longitude: -71.2184

    Address

  • Full Address: 40 North St
  • Address - House Number: 40
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1812
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,422,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,562,790
  • High Value: 1,809,297
  • Low Value: 1,316,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,094,000
  • Assessed Land Value: $515,000
  • Assessed Improvements Value: $579,000

    Sales

  • Current Sale Recording Date: May 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00083150
  • Previous Sale Recording Date: Apr 27, 2006
  • Previous Sale Amount: $585,000
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,600,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3780 ft²

Average Home Age

33.3 years

Currently For Sale

23 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 20 Corporate Drive, Burlington, MA, 01803

$2,330 /mo

  • Studio
  • 1 Bath
  • 546 ft²
20 Corporate Drive #S1B, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70727130

Frequently Asked Questions

When was property at 40 North Street built and last sold?
The property at 40 North Street was built in 1952 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 40 North Street is $696,793.
What are some comparable homes to 40 North Street?
There are currently no comparable homes to 40 North Street.
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