$591,000
●
Condo -
Off Market
55 Potter Pond #55
Lexington, MA 02421
2 Beds
1 Bath
1,049 Ft²
$592,742
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model
About This Property
Beautiful view of the pond from this lovely one plus bedroom at
Potter Pond. Sit on the beautiful patio, under the trees and watch
the ducks swim by. Step into the cathedral living dining area with
warm natural light from the sliders. Galley style kitchen with room
for a table. Great first floor bedroom/office with wall of built in
shelves and drawers and big walk in closet along with full bath.
Upstairs, via your own 80's style spiral staircase, a potential
second bedroom or great office space. Room to add a bath. This is
an original owner unit, never on market so a great place to come
visit. Potter Pond is a wonderful complex with a tennis court and a
beautiful walk around the pond.
Unit Size
1,049 Ft²
Days on Market
-
Land Size
-
Price per sqft
$571
Property Type
Condo
Property Taxes
$606
HOA Dues
$637
Year Built
1981
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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 #73138414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | In contract | - | |
| In contract | |||
| Jul 19, 2023 | Listed by Keller Williams Realty Boston Northwest | $599,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Interior Details
Level: Main, First
Width: 17
Length: 9
Features: Flooring - Stone/Ceramic Tile
Area: 153
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 14
Length: 20
Area: 280
Width: 13
Features: Flooring - Wall to Wall Carpet
Length: 8
Level: Main, First
Area: 104
Features: Bathroom - Full
Level: Main, First
Length: 15
Level: Main, First
Area: 195
Features: Flooring - Wall to Wall Carpet, Exterior Access, Slider
Width: 13
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Main, First
Length: 15
Width: 16
Area: 240
Features: No
Full Bathrooms: 1
Laundry Features: First Floor
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Zoning: RD
Parcel Number: 547306
Water Source: Public
Financial Details
Tax Assessed Value: $527,000
Tax Annual Amount: $7,273
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $637
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
07/19/2023
|
2 Bed
|
1 Bath
|
1049 ft²
|
$599,000
2 Bed
1 Bath
1049 ft²
|
$591,000
-1.34%
09/07/2023
|
Lin Wu
JW Real Estate Services, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017