$500,000
●
Condo -
Off Market
41 Potter Pond #41
Lexington, MA 02421
2 Beds
1 Bath
1,252 Ft²
$776,908
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model
About This Property
Pleasant at Potter Pond! Breathtaking views of the pond and
grounds from every window. The formal entry is warm and
inviting with high ceiling, skylight and dramatic spiral staircase
leading to the loft. The living & dining rooms have soaring
ceilings, fireplace and access to a private bluestone patio.
The kitchen with hardwood flooring and granite counters is
the perfect space from which to prep and entertain! The
master bedroom is wonderful with several windows and a walk-in
closet. The full bath is impressive with oversized tiled
flooring, lovely vanity with Corian, stunning light fixtures and
medicine cabinet. The spiral staircase takes you to the loft
– a perfect space for a second bedroom with walk-in storage closet.
This room has parquet flooring, casements windows and a
skylight for added sunshine! No Dogs. Other household pets must
remain indoors.
Unit Size
1,252 Ft²
Days on Market
-
Land Size
45.00 acres
Price per sqft
$399
Property Type
Condo
Property Taxes
$581
HOA Dues
$521
Year Built
1981
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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 years ago (MLSPIN #72178820)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Coldwell Banker Realty - Lexington | $499,900 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| Nov 18, 2002 | Sold | ||
| Sold | |||
| Oct 3, 2002 | Listed by Coldwell Banker Residential Brokerage - Lexington - 76 Bedford St. | $395,000 | |
| Listed by Coldwell Banker Residential Brokerage - Lexington - 76 Bedford St. | |||
| | |||
|
GREAT OPPORTUNITY TO LIVE AT POTTER POND!FIVE ROOM UNIT IN EXCELLENT CONDITION.LEVEL AREA,STEPS TO GARAGE.VIEWS OF THE POND.CONVENIENT TO BOSTON/CAMBRIDGE VIA RT 2 AND ALEWIFE STATION.
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 9
Length: 15
Features: Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid
Area: 135
Area: 64
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 8
Level: Main
Width: 8
Level: Second
Features: Skylight, Walk-In Closet(s), Flooring - Wood
Width: 13
Length: 15
Area: 195
Features: Flooring - Wall to Wall Carpet, Exterior Access
Level: Main
Length: 24
Level: Main
Area: 360
Features: Flooring - Wall to Wall Carpet, Exterior Access, Slider
Width: 15
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Main
Length: 15
Width: 13
Area: 195
Full Bathrooms: 1
Appliances: Gas Water Heater
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Off Street, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: None
Lot Size Area: 45
Lot Size Units: Acres
Lot Size Acres: 45
Zoning: RD2
Parcel Number: M:0004 L:04341, 547292
Water Source: Public
Financial Details
Tax Assessed Value: $481,000
Tax Annual Amount: $6,970
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Tennis Court(s)
Association Fee Frequency: Monthly
HOA Fee: $521
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
06/08/2017
|
2 Bed
|
1 Bath
|
1252 ft²
|
$499,900
2 Bed
1 Bath
1252 ft²
|
$500,000
+0.02%
08/11/2017
|
Jodi Winchester
Coldwell Banker Realty - Lexington
| |
|
10/03/2002
|
2 Bed
|
1 Bath
|
1049 ft²
|
$395,000
2 Bed
1 Bath
1049 ft²
|
$395,000
11/18/2002
|
Donna Steinkrauss
Coldwell Banker Residential Brokerage - Lexington - 76 Bedford St.
|
Building Info
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