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Lexington 02420 Lexington Town Center
560 Lowell Street
$638,000
● House - Off Market

560 Lowell Street

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,553 Ft²
$1,002,037
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Move right in to this wonderful Cape complete with a two car garage! This lovely home features hardwood floors and a versatile floor plan on three levels. The beautiful living room is the heart of the home and opens to a spacious side porch recently rebuilt. The bright kitchen  has an open floor plan with counter seating. There is a  first floor office that would also be a great play room. The dining room is set off the kitchen and a  first floor, full bathroom allows this space to be used as a fourth bedroom. The walk out lower level has a large laundry area, ample storage, and recently built media/family/play room. This home is conveniently located for easy access to shopping, major routes, public transportation and much more. Welcome home!
Unit Size
1,553 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$386
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1936

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71980195)

Price History

Date / Event Date Event Price
Jun 20, 2016 Sold
Premium
Sold
Mar 31, 2016 Listed by William Raveis R.E. & Home Services $599,000
Listed by William Raveis R.E. & Home Services
Mar 13, 2002 Sold
Premium
Sold
Nov 29, 2001 Listed by William Raveis R.E. & Home Services $359,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 620
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,260
  • Gross Building Area: 2,877
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0068 L:000012
  • Lot: 12
  • Municipality: LEXINGTON
  • Latitude: 42.4615
  • Longitude: -71.2064

    Address

  • Full Address: 560 Lowell St
  • Address - House Number: 560
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C002
  • 4-Digit Zip Code: 1919
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $936,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 991,086
  • High Value: 1,166,150
  • Low Value: 816,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,000
  • Assessed Land Value: $498,000
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Recording Date: Jun 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99242
  • Previous Sale Recording Date: Mar 13, 2002
  • Previous Sale Amount: $348,000
  • Previous Sale Document Type: 27
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 Lexington Town Center

Stats & Trends

Median Asking:

$2,199,000

Sale Price/ft²

$596

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3651 ft²

Average Home Age

81 years

Currently For Sale

23 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

Unit for rent at 2 Littles Brook Court, Burlington, MA, 01803

$2,895 /mo

  • 1 Bed
  • 1 Bath
  • 1,058 ft²
2 Littles Brook Court #Concord, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71980195

Frequently Asked Questions

When was property at 560 Lowell Street built and last sold?
The property at 560 Lowell Street was built in 1936 and last sold on Jan 1, 1970 for $639,000.
How much is this home worth?
The estimated value of the home located at 560 Lowell Street is $624,730.
What are some comparable homes to 560 Lowell Street?
There are currently no comparable homes to 560 Lowell Street.
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