41 Baker Ave
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Donnelly + Co. | $849,000 | |
| Listed by Donnelly + Co. | |||
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Terrific opportunity to get into the Lexington market presents itself with 41 Baker Ave. This move-in ready home has a great mix of classic New England charm combined with modern finishes. Enter through a sunny enclosed porch into a comfortable living room with plenty of seating options. Directly off of the living room is a dining room with classic wood paneling, a bowed window and a bonus office space. The kitchen features maple cabinets, tiled backsplash and stainless steel appliances. A full bath with tub complete this level. On the second level you will find a generous guest room along with a spacious primary suite featuring great closet space and a full en-suite bathroom. The top floor offers a bonus room which could be used as a 3rd bedroom, guest space or office. Additional features include hardwood floors, great basement storage, side and back yard space. Terrific commuting location with MBTA and highway access and close to all that Lexington has to offer!
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| Jul 1, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by Donnelly + Co. | $669,000 | |
| Listed by Donnelly + Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017