$335,000
●
Condo -
Off Market
5 Chestnut Lane #5
Lexington, MA 02421
3 Beds
1 Bath,
1
Half Bath
1,280 Ft²
$712,011
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model
About This Property
Why rent when you can buy and enjoy this affordable townhouse
in Lex. Wonderful unit with private rear patio, Newer
condition w/ great storage and full basement plus an attached
over sized one car garage. 2nd flr offers 2 good size bdrms plus
office or small bdrm.Great space at a great price. Please
note LexHab income guidelines apply plus their final
approval. Max income for households members (1 person
-82,152) (2- 93,888) (3-105,624) (4-117,360).
Unit Size
1,280 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
Condo
Property Taxes
$384
HOA Dues
$400
Year Built
2002
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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 months ago (MLSPIN #71258344)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2012 | Sold | ||
| Sold | |||
| Jul 7, 2011 | Listed by William Raveis R.E. & Home Services | $335,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Why rent when you can buy and enjoy this affordable townhouse in Lex. Wonderful unit with private rear patio, Newer condition w/ great storage and full basement plus an attached over sized one car garage. 2nd flr offers 2 good size bdrms plus office or small bdrm.Great space at a great price. Please note LexHab income guidelines apply plus their final approval. Max income for households members (1 person -82,152) (2- 93,888) (3-105,624) (4-117,360).
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Closet, Home Office
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Carpet, Flooring - Wall to Wall Carpet
Door Features: Insulated Doors
Laundry Features: In Basement, In Unit
Rooms: 6
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1280
Year Built Source: Public Records
Year Built: 2002
Building Name: Olde Smith Farm
Building Area Total: 1280
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $308,000
Tax Annual Amount: $4,610
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $400
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
07/07/2011
|
3 Bed
|
2 Bath
|
1280 ft²
|
$335,000
3 Bed
2 Bath
1280 ft²
|
$335,000
04/25/2012
|
Joyce Murphy
William Raveis R.E. & Home Services
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017