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5 April Ln #11
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $525,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
This beautifully renovated one-level unit is ideal for first-time buyers, those looking to downsize, or anyone in need of a pied-à-terre. The new kitchen features custom-made cabinetry, an open floor plan, Silestone counters, and new appliances. The updated bathroom includes tiled radiant flooring, built-in cabinetry, and a shower with glass doors. The closets have been modernized with impressive built-ins. The primary bedroom offers a walk-in closet with custom shelving and cabinetry. Engineered hardwood flooring runs throughout, and the unit includes an in-unit laundry area with a new Miele washer and dryer, an on-demand Stiebel hot water heater, and a 2017 heat pump. Recessed lighting has also been added. This property is conveniently located with easy access to Lexpress, Alewife, conservation areas, Route 2, and 128. Opportunity knocks, this unit is truly one of a kind and is in move-in condition!
| |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $359,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
Wonderful! Recently updated and rare opportunity to purchase within The Minuteman Village Lexington. When entering the condo, the new premium hardwood floors sets the tone for the this turn-key condo. The centered eat-in kitchen is such a delight, with upgraded cabinets, granite counter tops along with stainless steel under mounted sink and newer stainless-steel appliances. The large bedroom comes with an oversized walk-in closet. Through the living room slider, you have your own private patio/balcony for that early morning coffee/evening glass of wine. The windows and slider are newer energy efficient replacements. The owner recently replaced the heated and central air conditioning system, at a cost over $8k. Condo has two storage lockers, one deeded parking spot with plenty of guest parking. Comes with stackable in unit washer/dryer. Located on the Waltham-Lexington line within easy reach of Route 2, major highways, Alewife T-station, shopping and an abundance of local restaurants.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2025
|
1 Bed
|
1 Bath
|
900 ft²
|
$509,000
1 Bed
1 Bath
900 ft²
|
$499,000
-1.96%
02/26/2026
|
Lori Talanian
William Raveis R.E. & Home Services
| |
|
09/19/2024
|
1 Bed
|
1 Bath
|
1002 ft²
|
$525,000
1 Bed
1 Bath
1002 ft²
|
$525,000
10/31/2024
|
Lester Savage
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/10/2024
|
1 Bed
|
1 Bath
|
900 ft²
|
$490,000
1 Bed
1 Bath
900 ft²
|
$470,000
-4.08%
10/25/2024
|
Christie Xie
Keller Williams Realty
| |
|
04/25/2024
|
1 Bed
|
1 Bath
|
918 ft²
|
$490,000
1 Bed
1 Bath
918 ft²
|
$510,000
+4.08%
06/20/2024
|
The Howe Allen Group
revolv of Dartmouth
| |
|
05/11/2022
|
1 Bed
|
1 Bath
|
918 ft²
|
$479,000
1 Bed
1 Bath
918 ft²
|
$500,000
+4.38%
06/27/2022
|
Lori Talanian
William Raveis R.E. & Home Services
| |
|
06/04/2020
|
1 Bed
|
1 Bath
|
918 ft²
|
$449,000
1 Bed
1 Bath
918 ft²
|
$440,000
-2.00%
07/31/2020
|
Lori Talanian
William Raveis R.E. & Home Services
| |
|
01/22/2020
|
1 Bed
|
1 Bath
|
918 ft²
|
$439,000
1 Bed
1 Bath
918 ft²
|
$439,000
09/21/2020
|
Lori Talanian
William Raveis R.E. & Home Services
| |
|
06/14/2018
|
1 Bed
|
1 Bath
|
900 ft²
|
$359,900
1 Bed
1 Bath
900 ft²
|
$365,000
+1.42%
07/20/2018
|
Peter Rooney
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
01/09/2017
|
1 Bed
|
1 Bath
|
918 ft²
|
$319,900
1 Bed
1 Bath
918 ft²
|
$348,000
+8.78%
01/31/2017
|
Carlos Xu
Lexwin Realty
| |
|
06/07/2016
|
1 Bed
|
1 Bath
|
918 ft²
|
$312,900
1 Bed
1 Bath
918 ft²
|
$325,000
+3.87%
06/30/2016
|
Suzanne Sager
Berkshire Hathaway HomeServices N.E. Prime Properties
| |
|
05/19/2016
|
1 Bed
|
1 Bath
|
900 ft²
|
$299,000
1 Bed
1 Bath
900 ft²
|
$302,000
+1.00%
06/24/2016
|
Jenny Ye
Zhensight Realty LLC
| |
|
09/02/2012
|
1 Bed
|
1 Bath
|
918 ft²
|
$263,000
1 Bed
1 Bath
918 ft²
|
$255,000
-3.04%
11/05/2012
|
Edmund Wong
New Year Realty
| |
|
09/15/2011
|
1 Bed
|
1 Bath
|
918 ft²
|
$215,000
1 Bed
1 Bath
918 ft²
|
$207,000
-3.72%
02/10/2012
|
Judith Moore
Barrett Sotheby's International Realty
| |
|
04/01/2011
|
1 Bed
|
1 Bath
|
900 ft²
|
$210,000
1 Bed
1 Bath
900 ft²
|
$195,000
-7.14%
06/08/2011
|
Sondra Lucente
Grant B. Cole, REALTORS®, Inc
| |
|
02/23/2010
|
1 Bed
|
1 Bath
|
918 ft²
|
$219,900
1 Bed
1 Bath
918 ft²
|
$208,500
-5.18%
03/31/2010
|
James Nagle
Coldwell Banker Realty - Lexington
| |
|
05/31/2005
|
1 Bed
|
1 Bath
|
981 ft²
|
$305,000
1 Bed
1 Bath
981 ft²
|
$282,500
-7.38%
01/31/2006
|
Vivien Tao
Coldwell Banker Realty - Concord
| |
|
06/16/2004
|
1 Bed
|
1 Bath
|
981 ft²
|
$329,500
1 Bed
1 Bath
981 ft²
|
$315,000
-4.40%
10/29/2004
|
Gilda Lutz
Coldwell Banker Realty - Lexington
| |
|
09/27/2002
|
1 Bed
|
1 Bath
|
981 ft²
|
$259,000
1 Bed
1 Bath
981 ft²
|
$255,000
-1.54%
12/16/2002
|
Cecilia Tsai
The Higgins Group REALTORS®
| |
|
02/02/2001
|
1 Bed
|
1 Bath
|
900 ft²
|
$182,500
1 Bed
1 Bath
900 ft²
|
$200,000
+9.59%
04/18/2001
|
Alice Kirk
Barrett Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017