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Lexington 02420 East Lexington
6 Drew Avenue
Photo of 6 Drew Avenue
Sold on Nov 25, 2009

1

Map

$473,000
● House - Off Market

6 Drew Avenue

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,378 Ft²
$997,216
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

This is the one you've been hoping for! Renovated 3 Bedroom Cape in East Lexington. Granite and cherry kitchen, updated bath, 3 good size bedrooms, fireplaced living room, dining room, finished lower level with laundry room and office/playroom  Enjoy your backyard patio and a one car garage!  You can walk to the bike path, Wilson Farm and Arlington heights from this terrific location! Come and see!
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$348
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1961

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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 #70982249)

Price History

Date / Event Date Event Price
Nov 25, 2009 Sold
Premium
Sold
Sep 29, 2009 Listed $479,000
Listed
Apr 1, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 528
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 1,184
  • Gross Building Area: 2,793
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0020 L:000143
  • Lot: 143
  • Municipality: LEXINGTON
  • Latitude: 42.4284
  • Longitude: -71.1938

    Address

  • Full Address: 6 Drew Ave
  • Address - House Number: 6
  • Address - Street Name: Drew
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C005
  • 4-Digit Zip Code: 3033
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $868,400

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 805,632
  • High Value: 936,624
  • Low Value: 674,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $668,000
  • Assessed Land Value: $469,000
  • Assessed Improvements Value: $199,000

    Sales

  • Current Sale Recording Date: Nov 25, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00228404
  • Previous Sale Recording Date: Apr 01, 2002
  • Previous Sale Amount: $300,000
  • 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 East Lexington

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$563

Below Asking

0.02%

Average Days on Market

50

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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# 70982249

Frequently Asked Questions

When was property at 6 Drew Avenue built and last sold?
The property at 6 Drew Avenue was built in 1961 and last sold on Jan 1, 1970 for $473,000.
How much is this home worth?
The estimated value of the home located at 6 Drew Avenue is $500,508.
What are some comparable homes to 6 Drew Avenue?
There are currently no comparable homes to 6 Drew Avenue.
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