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Lexington 02421 Five Fields
535 Concord Avenue
Photo of 535 Concord Avenue
Sold on Nov 17, 2011

1

Map

$430,000
● House - Off Market

535 Concord Avenue

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,491 Ft²
$926,846
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

Enjoy one level living in this well built three bedroom ranch with a two car garage. Gleaming hardwood floors, freshly painted interior, eight foot ceilings, cast iron radiation heat, storm foyer, fireplaced living room with large, lovely windows and moldings, corner master bedroom with half bath, kitchen with decorative tiles, and a delightful three seasoned porch make this an ideal home. Move right in and relax in this cheerful environment.
Unit Size
1,491 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$288
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1952

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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: 12 days ago (MLSPIN #71238701)

Price History

Date / Event Date Event Price
Nov 17, 2011 Sold
Premium
Sold
May 26, 2011 Listed by The Higgins Group REALTORS® $430,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 843
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 1,491
  • Gross Building Area: 2,834
  • Building Area: 1,491
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,491
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0011 L:000020
  • Lot: 20
  • Municipality: LEXINGTON
  • Latitude: 42.4206
  • Longitude: -71.2432

    Address

  • Full Address: 535 Concord Ave
  • Address - House Number: 535
  • Address - Street Name: Concord
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C009
  • 4-Digit Zip Code: 8011
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 906,429
  • High Value: 1,105,779
  • Low Value: 707,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,000
  • Assessed Land Value: $538,000
  • Assessed Improvements Value: $287,000

    Sales

  • Current Sale Recording Date: Nov 17, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000158
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 Five Fields

Stats & Trends

Median Asking:

$2,220,000

Sale Price/ft²

$554

Below Asking

0.02%

Average Days on Market

64

Average Home Size

3904 ft²

Average Home Age

29 years

Currently For Sale

1 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: 12 days ago
Data Source: MLS PIN, MLS# 71238701

Frequently Asked Questions

When was property at 535 Concord Avenue built and last sold?
The property at 535 Concord Avenue was built in 1952 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 535 Concord Avenue is $435,267.
What are some comparable homes to 535 Concord Avenue?
There are currently no comparable homes to 535 Concord Avenue.
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