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Lexington 02421 Lexington Town Center
59 Forest Street
Photo of 59 Forest Street
Sold on Sep 1, 2026

27

Map

Photo of 59 Forest Street
Photo of 59 Forest Street
$1,850,000
● House - Off Market

59 Forest Street

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,706 Ft²
$10,811
Est. Monthly

About This Property

Rarely available in the heart of Lexington Center, this distinguished residence is beautifully set on a picturesque lot enhanced by lovely seasonal gardens and mature landscaping. Thoughtfully designed for both elegant entertaining and comfortable everyday living, the home features a gracious formal living room with a handsome fireplace and views of the private backyard. Generous living spaces include an expansive family room, a charming screened porch, a refined formal dining room, and an eat-in kitchen.The upper level offers four spacious bedrooms, including a serene primary suite with a generously appointed en-suite bath. Combining timeless architectural appeal, exceptional space, and an enviable in-town location, this special property presents a rare opportunity to enjoy the very best of Lexington Center living.
Unit Size
2,706 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$684
Property Type
House
Property Taxes
$1,727
HOA Dues
-
Year Built
1935

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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: 30 days ago (MLSPIN #73528073)

Price History

Date / Event Date Event Price
Sep 1, 2026 Sold
Premium
Sold
Jun 10, 2026 In contract -
In contract
Jun 2, 2026 Listed by Barrett Sotheby's International Realty $1,850,000
Listed by Barrett Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 488
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,735
  • Total Building Area: 2,405
  • Gross Building Area: 3,644
  • Building Area: 2,405
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,405
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0049 L:000146
  • Lot: 146
  • Municipality: LEXINGTON
  • Latitude: 42.4489
  • Longitude: -71.2337

    Address

  • Full Address: 59 Forest St
  • Address - House Number: 59
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C039
  • 4-Digit Zip Code: 4923
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,804,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,727,302
  • High Value: 2,008,154
  • Low Value: 1,446,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,388,000
  • Assessed Land Value: $777,000
  • Assessed Improvements Value: $611,000

    Sales

  • Current Sale Recording Date: Dec 02, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 217370
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:

$1,999,500

Sale Price/ft²

$599

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4203 ft²

Average Home Age

80 years

Currently For Sale

25 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: 30 days ago
Data Source: MLS PIN, MLS# 73528073

Frequently Asked Questions

When was property at 59 Forest Street built and last sold?
The property at 59 Forest Street was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 59 Forest Street is $1,855,954.
What are some comparable homes to 59 Forest Street?
There are currently no comparable homes to 59 Forest Street.
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