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Lexington 02421 Prospect Hill
48 Baskin Rd.
$950,000
● House - Off Market

48 Baskin Rd.

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,052 Ft²
$2,458,660
RealtyHop Estimate
149.61%
Since Aug 1, 2001
MA-Boston
Primary Model

About This Property

SUPERIOR LOCATION! WALK TO PLAYGROUNDS, TOWN POOL, BRIDGE ELEMENTARY AND HIGH SCHOOLS.  OPEN FLOOR PLAN W/SUNNY NEW FR ADDITION.  NEWER HEATING SYSTEM & ROOF AND CENTRAL AIR. FOUR LEVELS OF SPACIOUS LIVING SPACE SITED ON LANDSCAPED LOT.
Unit Size
3,052 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$323
Property Type
House
Property Taxes
$683
HOA Dues
-
Year Built
1976

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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 years ago (MLSPIN #30505564)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed $1,600,000
Listed
Jul 6, 2001 Sold
Premium
Sold
May 16, 2001 Listed $985,000
Listed
May 1, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 1,324
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,470
  • Total Building Area: 3,076
  • Gross Building Area: 5,515
  • Building Area: 3,076
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,076
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000516
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0041 L:000083
  • Lot: 83
  • Municipality: LEXINGTON
  • Latitude: 42.4407
  • Longitude: -71.2394

    Address

  • Full Address: 48 Baskin Rd
  • Address - House Number: 48
  • Address - Street Name: Baskin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C021
  • 4-Digit Zip Code: 6929
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,297,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,148,755
  • High Value: 2,529,582
  • Low Value: 1,767,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,767,000
  • Assessed Land Value: $835,000
  • Assessed Improvements Value: $932,000

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1887330
  • Previous Sale Recording Date: Mar 23, 2018
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Prospect Hill

Stats & Trends

Median Asking:

$1,874,500

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3887 ft²

Average Home Age

25 years

Currently For Sale

4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30505564

Frequently Asked Questions

When was property at 48 Baskin Road built and last sold?
The property at 48 Baskin Road was built in 1976 and last sold on Jul 15, 2021 for $1,862,000.
How much is this home worth?
The estimated value of the home located at 48 Baskin Road is $0.
What are some comparable homes to 48 Baskin Road?
There are currently no comparable homes to 48 Baskin Road.
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