$575,000
●
Condo -
Off Market
40 Potter Pond #40
Lexington, MA 02421
2 Beds
2 Baths
2,093 Ft²
$1,092,046
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model
About This Property
Rare offering! Free-standing ranch style unit with 2 car garage
under! Fireplaced living room, dining room w/sliders to brick
patio, master bedroom suite, gas heat, c/a on main level. Bonus LL
multi-use room (elec. heat), great storage, w/u attic, fresh decor,
updated systems, private setting, lovely views, immaculate!
Sq. ft. includes lower level!
Unit Size
2,093 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
Condo
Property Taxes
$436
HOA Dues
$374
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #70001821)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2004 | Sold | ||
| Sold | |||
| Mar 4, 2004 | Listed by The Higgins Group REALTORS® | $575,000 | |
| Listed by The Higgins Group REALTORS® | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 9
Length: 11
Features: Dining Area, Pantry
Area: 99
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 11
Length: 12
Area: 132
Width: 13
Features: Flooring - Wall to Wall Carpet
Length: 11
Level: First
Area: 143
Length: 14
Level: First
Area: 266
Features: Flooring - Wall to Wall Carpet
Width: 19
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 15
Width: 14
Area: 210
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: In Basement, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond Condominium
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $444,000
Tax Annual Amount: $5,226
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Tennis Court(s)
HOA Fee: $374
Community Features: Public Transportation, Shopping, Tennis Court(s)
Management: Professional - Off Site, Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
03/04/2004
|
2 Bed
|
2 Bath
|
2093 ft²
|
$575,000
2 Bed
2 Bath
2093 ft²
|
$575,000
05/10/2004
|
Susan Gilbert Phillips
The Higgins Group REALTORS®
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017