$560,000
●
Condo -
Off Market
48 Potter Pond #48
Lexington, MA 02421
4 Beds
4 Baths,
1
Half Bath
2,619 Ft²
$1,304,025
RealtyHop Estimate
117.70%
Since Apr 1, 2011
MA-Boston
Primary Model
About This Property
Gorgeous, Expanded Royal Barry Wills Townhouse, End Unit, features
4 Large Bedrooms, 3 1/2 Baths, Formal Living and Dining Room with 2
sided fireplace. Hardwood Floors throughout. Finished
basement with Media/Family room, Office area, and full Bath.
Master BR Suite w/Walk-In closet, 2nd Floor Skylights.
Lots of closets&storage. Lovely Secluded Backyard
with Patio featuring Natural Gas Connection for your Grill.
Full, dry basement with exterior access. All freshly
painted , a Must See!
Unit Size
2,619 Ft²
Days on Market
-
Land Size
43.00 acres
Price per sqft
$229
Property Type
Condo
Property Taxes
$656
HOA Dues
$708
Year Built
1981
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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: 5 years ago (MLSPIN #71157445)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2011 | Sold | ||
| Sold | |||
| Nov 1, 2010 | Listed by Compass | $599,000 | |
| Listed by Compass | |||
| Jun 24, 2003 | Sold | ||
| Sold | |||
| Jan 16, 2003 | Listed by Carlson GMAC Real Estate | $549,000 | |
| Listed by Carlson GMAC Real Estate | |||
| | |||
|
THIS IS A WELL KEPT 3 BEDROOM TOWNHOUSE WITH MANY UPGRADES. THE REMODELED KITCHEN, NEW WOOD FLOORS, UPDATED BATHS AND FIN. LOWER LEVEL ROOMS ALL ADD VALUE TO THIS PRIVATELY SITED UNIT. ALLOW 48 HOURS FOR ALL OFFERS.
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 8
Length: 15
Features: Closet/Cabinets - Custom Built, Flooring - Vinyl
Area: 120
Level: First
Area: 25
Width: 5
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Length: 5
Area: 72
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 9
Level: First
Width: 8
Level: Second
Features: Skylight, Ceiling Fan(s), Flooring - Hardwood, Closet
Width: 14
Length: 18
Area: 252
Area: 289
Length: 17
Level: Second
Features: Skylight, Closet, Closet/Cabinets - Custom Built
Width: 17
Width: 15
Features: Flooring - Hardwood
Length: 15
Level: First
Area: 225
Features: Flooring - Hardwood, Closet
Width: 9
Length: 14
Area: 126
Level: Second
Length: 17
Level: First
Area: 289
Features: Flooring - Hardwood
Width: 17
Length: 20
Level: Basement
Features: Flooring - Wall to Wall Carpet, Closet/Cabinets - Custom Built
Width: 16
Area: 320
Width: 7
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Area: 70
Length: 10
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Level: First
Length: 18
Width: 11
Area: 198
Length: 14
Level: Basement
Area: 154
Features: Flooring - Wall to Wall Carpet, Closet
Width: 11
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom - Full, Closet, Bathroom, Foyer, Home Office, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Washer, Dryer, Vacuum System, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Plywood, Tile, Vinyl, Carpet, Hardwood, Flooring - Vinyl, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Wood, In Basement, Washer Hookup
Rooms: 10
Has Fireplace
Fireplace Features: Dining Room, Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: None
Lot Size Area: 43
Lot Size Units: Acres
Lot Size Acres: 43
Zoning: RD2
Parcel Number: M:0004 L:04348, 547299
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $534,000
Tax Annual Amount: $7,877
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Tennis Court(s)
HOA Fee: $708
Community Features: Public Transportation, Tennis Court(s)
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
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 |
|---|---|---|---|---|---|---|---|
|
11/01/2010
|
4 Bed
|
3 Bath
|
2619 ft²
|
$599,000
4 Bed
3 Bath
2619 ft²
|
$560,000
-6.51%
03/14/2011
|
Leonard Heinrich
Coldwell Banker Residential Brokerage - Lexington
| |
|
01/16/2003
|
3 Bed
|
2 Bath
|
1998 ft²
|
$549,000
3 Bed
2 Bath
1998 ft²
|
$535,000
-2.55%
06/24/2003
|
Camille Goodwin
Barrett Sotheby's International Realty
|
Building Info
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