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Lexington 02420 Lexington Town Center
6 Cottage Street
Photo of 6 Cottage Street
Sold on Jul 1, 2011

1

Map

$416,000
● House - Off Market

6 Cottage Street

Lexington, MA 02420
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,027 Ft²
$882,789
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Historically significant cottage very close to town in Fiske Dist. with almost all original hardwood pine floors. Eat-in kitchen updated in 2007 with granite counters and maple wood. Quiet private side street. Farmers porch on front, new roof 2009, newly painted 2009.  Take advantage of walking to town center, the bike path. Fiske School Dist.  Private fenced in yard.  Living, family, bathroom and eat in kitchen on first floor. 2nd flr has 2 bedrooms and a study/nursery. Sunny and bright
Unit Size
1,027 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$418
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1894

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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: 5 months ago (MLSPIN #71208685)

Price History

Date / Event Date Event Price
Jul 1, 2011 Sold
Premium
Sold
Mar 31, 2011 Listed by Prudential Prime Properties $429,000
Listed by Prudential Prime Properties
Jun 20, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,200
  • Total Building Area: 1,139
  • Gross Building Area: 2,704
  • Building Area: 1,139
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,139
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000051
  • 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:0047 L:000031
  • Lot: 31
  • Municipality: LEXINGTON
  • Latitude: 42.4461
  • Longitude: -71.2164

    Address

  • Full Address: 6 Cottage St
  • Address - House Number: 6
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C044
  • 4-Digit Zip Code: 2202
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $876,200

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 893,599
  • High Value: 1,081,914
  • Low Value: 705,285

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674,000
  • Assessed Land Value: $384,000
  • Assessed Improvements Value: $290,000

    Sales

  • Current Sale Recording Date: Jul 01, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000011
  • Previous Sale Recording Date: Jun 20, 2000
  • Previous Sale Amount: $335,000
  • 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

$591

Below Asking

0.01%

Average Days on Market

71

Average Home Size

3553 ft²

Average Home Age

80.3 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71208685

Frequently Asked Questions

When was property at 6 Cottage Street built and last sold?
The property at 6 Cottage Street was built in 1894 and last sold on Jan 1, 1970 for $416,000.
How much is this home worth?
The estimated value of the home located at 6 Cottage Street is $443,004.
What are some comparable homes to 6 Cottage Street?
There are currently no comparable homes to 6 Cottage Street.
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