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Lexington 02420 East Lexington
49 Cliffe Ave
Photo of 49 Cliffe Ave
Sold on Oct 31, 2006

1

Map

$455,000
● House - Off Market

49 Cliffe Ave

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,691 Ft²
$888,533
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

Located on a quiet street, this 1920's brick Colonial has high ceilings & hardwood throughout. Updated bath and kitchen, corian counters. Walking distance to bike path, playground, public transportation and convenient stores.
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$283
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1928

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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 months ago (MLSPIN #70434182)

Price History

Date / Event Date Event Price
Oct 31, 2006 Sold
Premium
Sold
Aug 3, 2006 Listed $479,000
Listed
Oct 28, 1999 Sold
Premium
Sold
Sep 9, 1999 Listed $319,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • 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: 963
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Total Building Area: 1,691
  • Gross Building Area: 2,684
  • Building Area: 1,691
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,691
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0020 L:000141
  • Lot: 141
  • Municipality: LEXINGTON
  • Latitude: 42.429
  • Longitude: -71.194

    Address

  • Full Address: 49 Cliffe Ave
  • Address - House Number: 49
  • Address - Street Name: Cliffe
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C005
  • 4-Digit Zip Code: 3038
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,093,300

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 978,839
  • High Value: 1,137,994
  • Low Value: 819,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $841,000
  • Assessed Land Value: $493,000
  • Assessed Improvements Value: $348,000

    Sales

  • Current Sale Recording Date: Oct 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00206851
  • Previous Sale Recording Date: Oct 28, 1999
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 27
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 East Lexington

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

50

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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 months ago
Data Source: MLS PIN, MLS# 70434182

Frequently Asked Questions

When was property at 49 Cliffe Avenue built and last sold?
The property at 49 Cliffe Avenue was built in 1928 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 49 Cliffe Avenue is $502,664.
What are some comparable homes to 49 Cliffe Avenue?
There are currently no comparable homes to 49 Cliffe Avenue.
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