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Lexington 02421 Follen Heights
54 Buckman Drive
Photo of 54 Buckman Drive
Sold on Feb 27, 2006

1

Map

$1,000,000
● House - Off Market

54 Buckman Drive

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,162 Ft²
$1,896,101
RealtyHop Estimate
80.75%
Since Mar 1, 2006
MA-Boston
Primary Model

About This Property

Opportunity to own an updated and expanded classic Colonial on a coveted street in the heart of Follen Hill. Extensive expansion includes 3 spacious cathedraled rooms, family room with walls of glass, master suite with quadruple and eyebrow windows over window seat and a skylit office. Finished basement offers 3 additional rooms for extra square footage of 987 sq.ft. Location! Privacy! Space! Updates! Amenities! This home has it all and it is priced to sell!
Unit Size
3,162 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$332
Property Type
House
Property Taxes
$989
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: 4 months ago (MLSPIN #70317564)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Feb 28, 2006 Sold
Premium
Sold
Jan 19, 2006 Listed $1,049,000
Listed

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,027
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,420
  • Total Building Area: 3,393
  • Gross Building Area: 5,291
  • Building Area: 3,393
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,393
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000446
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0022 L:000175
  • Lot: 175
  • Municipality: LEXINGTON
  • Latitude: 42.4278
  • Longitude: -71.2144

    Address

  • Full Address: 54 Buckman Dr
  • Address - House Number: 54
  • Address - Street Name: Buckman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lexington
  • Carrier Code: C032
  • 4-Digit Zip Code: 6040
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,208,700

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,035,010
  • High Value: 2,395,678
  • Low Value: 1,674,342

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,699,000
  • Assessed Land Value: $947,000
  • Assessed Improvements Value: $752,000

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1919540
  • Previous Sale Recording Date: May 19, 2014
  • 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 Follen Heights

Stats & Trends

Median Asking:

$1,379,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 years

Currently For Sale

12 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70317564

Frequently Asked Questions

When was property at 54 Buckman Drive built and last sold?
The property at 54 Buckman Drive was built in 1952 and last sold on Jul 27, 2022 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 54 Buckman Drive is $1,056,955.
What are some comparable homes to 54 Buckman Drive?
There are currently no comparable homes to 54 Buckman Drive.
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