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Lexington 02421 Lexington Town Center
49 Grapevine Ave
Photo of 49 Grapevine Ave
Sold on Dec 28, 2005

1

Map

$945,000
● House - Off Market

49 Grapevine Ave

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$1,698,051
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

One of 3 outstanding new construction Colonials. Walk to town Ctr. & all schools.  4 bedroom 2.5 ba home features a wonderful open concept first floor, lrg maple kitchen, granite counters, family rm with beautiful custom millwork, gas marble fireplace, built-in shelves, tray ceiling & slider to private deck.  2nd fl laundry, HW, A/C, C/V, sprinkler, 2-car gar & more. Bridge school dist. Walk-up 3rd fl offers great expan. potential & LL 10'ceil.Unsurpassed value for new construction in Lexington
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

Payment Calculator

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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 #70277008)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed $1,475,000
Listed
Dec 28, 2005 Sold
Premium
Sold
Oct 12, 2005 Listed $945,000
Listed
Apr 23, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 810
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 2,816
  • Gross Building Area: 5,158
  • Building Area: 2,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • 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:0032 L:000042
  • Lot: 42
  • Municipality: LEXINGTON
  • Latitude: 42.4354
  • Longitude: -71.2315

    Address

  • Full Address: 49 Grapevine Ave
  • Address - House Number: 49
  • Address - Street Name: Grapevine
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C047
  • 4-Digit Zip Code: 7004
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,760,200

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,817,992
  • High Value: 2,140,198
  • Low Value: 1,495,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,354,000
  • Assessed Land Value: $655,000
  • Assessed Improvements Value: $699,000

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 182277
  • Previous Sale Recording Date: Dec 28, 2005
  • Previous Sale Amount: $945,000
  • 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 Lexington Town Center

Stats & Trends

Median Asking:

$2,000,000

Sale Price/ft²

$598

Below Asking

0.01%

Average Days on Market

75

Average Home Size

4006 ft²

Average Home Age

77 years

Currently For Sale

25 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# 70277008

Frequently Asked Questions

When was property at 49 Grapevine Avenue built and last sold?
The property at 49 Grapevine Avenue was built in 2005 and last sold on Aug 13, 2021 for $1,635,000.
How much is this home worth?
The estimated value of the home located at 49 Grapevine Avenue is $1,507,072.
What are some comparable homes to 49 Grapevine Avenue?
There are currently no comparable homes to 49 Grapevine Avenue.
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