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Lexington 02421 East Lexington
54 Chase Ave
Photo of 54 Chase Ave
Sold on Aug 31, 2010

1

Map

$470,000
● House - Off Market

54 Chase Ave

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,505 Ft²
$1,022,300
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Colonial Farmhouse in sought after Liberty Heights neighborhood set on a level 8,000 square foot  corner lot  offering  great potential for renovation or expansion. The country kitchen offers a  large Island creating a great room for either a dining area or family room. The front to back living room  has high ceilings, french doors & hardwood floors . Basement not heated but has some finished space with bath. Steps to Sutherland Park and playground. Convenient  to RT 2 and Alewife Garage
Unit Size
1,505 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$332
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1910

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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: 2 years ago (MLSPIN #71110191)

Price History

Date / Event Date Event Price
Aug 31, 2010 Sold
Premium
Sold
Jul 15, 2010 Listed by William Raveis R.E. & Home Services $499,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 861
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,505
  • Gross Building Area: 2,454
  • Building Area: 1,505
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,505
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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:0007 L:000061
  • Lot: 61
  • Municipality: LEXINGTON
  • Latitude: 42.4218
  • Longitude: -71.2

    Address

  • Full Address: 54 Chase Ave
  • Address - House Number: 54
  • Address - Street Name: Chase
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C008
  • 4-Digit Zip Code: 6239
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,185,600

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 998,883
  • High Value: 1,174,388
  • Low Value: 823,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $912,000
  • Assessed Land Value: $556,000
  • Assessed Improvements Value: $356,000

    Sales

  • Current Sale Recording Date: Aug 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00148842
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 East Lexington

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$564

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71110191

Frequently Asked Questions

When was property at 54 Chase Avenue built and last sold?
The property at 54 Chase Avenue was built in 1910 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 54 Chase Avenue is $0.
What are some comparable homes to 54 Chase Avenue?
There are currently no comparable homes to 54 Chase Avenue.
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