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Lexington 02420 North Lexington
59 Williams Road
$700,000
● House - Off Market

59 Williams Road

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$1,100,263
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

SPACIOUS CAPE WITH WELL PROPORTIONED ROOMS IN THE MANOR AND THE "NEW" ESTABROOK SCHOOL DISTRICT. ON A SIDE STREET WITH A MANICURED LOT. FEATURES OF NOTE INCLUDE- UPDATED  SYSTEMS AND OAK KITCHEN, THERMOPANE WINDOWS, HARDWOOD FLOORS, 2 FIREPLACES, IRRIGATION SYSTEM, FAMILY ROOM OFF KITCHEN, KNOTTY PINE RECREATION ROOM AND MORE.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$362
Property Type
House
Property Taxes
$806
HOA Dues
-
Year Built
1954

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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 #71800722)

Price History

Date / Event Date Event Price
May 21, 2015 Sold
Premium
Sold
Mar 12, 2015 Listed by Century 21 Commonwealth/ Lester E. Savage Real Estate $625,000
Listed by Century 21 Commonwealth/ Lester E. Savage Real Estate
Jan 15, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 696
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,878
  • Gross Building Area: 3,048
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,878
  • 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: 358600

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0078 L:000249
  • Lot: 249
  • Municipality: LEXINGTON
  • Latitude: 42.4696
  • Longitude: -71.2377

    Address

  • Full Address: 59 Williams Rd
  • Address - House Number: 59
  • Address - Street Name: Williams
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C022
  • 4-Digit Zip Code: 3235
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,280,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 1,243,130
  • High Value: 1,442,485
  • Low Value: 1,043,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $985,000
  • Assessed Land Value: $705,000
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Recording Date: May 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75292
  • Previous Sale Recording Date: Jan 15, 2013
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O
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 North Lexington

Stats & Trends

Median Asking:

$1,615,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3578 ft²

Average Home Age

45.6 years

Currently For Sale

28 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# 71800722

Frequently Asked Questions

When was property at 59 Williams Road built and last sold?
The property at 59 Williams Road was built in 1954 and last sold on Jan 1, 1970 for $700,000.
How much is this home worth?
The estimated value of the home located at 59 Williams Road is $660,678.
What are some comparable homes to 59 Williams Road?
There are currently no comparable homes to 59 Williams Road.
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