$439,000
●
Condo -
Off Market
5 April Lane #21
Lexington, MA 02421
1 Bed
1 Bath
918 Ft²
$574,008
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model
About This Property
Rare opportunity to move into Minuteman Village Condominiums. This
charming 1 bed 1 bath open floor plan will feel like a private
oasis w/many updated features which include crown molding, new heat
& ac, HW floors, range & dishwasher to name a few. The eat-in
kitchen offers an abundance of cabinets for all your culinary
needs. A large DR flows into a bright LR w/fireplace. The oversized
master bedrm w/walk-in closet is a quiet sanctuary w/in this
spacious unit. In-unit laundry is cleverly tucked away in the
hallway for easy access. Exclusive outdoor space on the balcony is
accessed from your main living area. The Assoc. is privately
managed & handles all the outdoor & common area maintenance leaving
you free to explore all Lexington & nearby communities have to
offer. Conveniently located 12 miles from Boston, easy access to
Rt. 2/95, Alewife is a 5.5 mile commute and the town Lexpress Bus
goes by the community for a quick trip into historic Lexington
center. Come & enjoy simple living
Unit Size
918 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$478
Property Type
Condo
Property Taxes
$421
HOA Dues
$346
Year Built
-
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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 #72611207)
Price History
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 12
Length: 11
Features: Flooring - Vinyl, Dining Area
Area: 132
Area: 40
Features: Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
Length: 5
Level: First
Width: 8
Width: 12
Features: Closet, Flooring - Hardwood, Open Floorplan
Length: 12
Level: First
Area: 144
Length: 13
Level: First
Area: 260
Features: Flooring - Hardwood, Balcony / Deck, Exterior Access, Open Floorplan, Slider
Width: 20
Features: Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture, Crown Molding
Level: First
Length: 15
Width: 13
Area: 195
Features: No
Full Bathrooms: 1
Interior Features: Central Vacuum, Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Range Hood, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Hardwood
Laundry Features: Main Level, First Floor, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Driveway, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Minuteman Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: RM
Parcel Number: 547923
Water Source: Public
Financial Details
Tax Assessed Value: $358,000
Tax Annual Amount: $5,055
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Storage
Association Fee Frequency: Monthly
HOA Fee: $346
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: No
Complex is Completed
Management: Professional - Off 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 |
|---|---|---|---|---|---|---|---|
|
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 New Home Collective Group
Boston Connect Real Estate
| |
|
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
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