$345,000
●
Condo -
Off Market
6 Potter Pond #6
Lexington, MA 02421
1 Bed
1 Bath
1,049 Ft²
$856,192
RealtyHop Estimate
152.56%
Since Jul 1, 2001
MA-Boston
Primary Model
About This Property
THIS RARE FREE STANDING UNIT IS WELL MAINTAINED W/FIREPLACED LIVING
ROOM, SLIDERS TO PRIVATE PATIO, FULLY APPLIANCED KITCHEN, SPIRAL
STAIRCASE LEADS TO LOFT AND PLENTY OF STORAGE SPACE. GAS FURNACE!
Unit Size
1,049 Ft²
Days on Market
-
Land Size
-
Price per sqft
$323
Property Type
Condo
Property Taxes
$268
HOA Dues
$224
Year Built
-
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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 years ago (MLSPIN #30498421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2008 | Sold | ||
| Sold | |||
| Aug 24, 2007 | Listed by Coldwell Banker Residential Brokerage - Cambridge - Huron Ave. | $434,900 | |
| Listed by Coldwell Banker Residential Brokerage - Cambridge - Huron Ave. | |||
| | |||
|
Mint free standing condo. Cathedral ceiling combination living room, dining room with fireplace. Sliders from livingrm/diningrm to patio. Beautiful, bright eat-in kitchen. Bedroom with walk-in closet. Stackable washer and dryer in the hall closet. Large 2nd floor loft with skylight could be used as a 2nd bedroom & plenty of space for add.bath/storage. Central air, security system, gas heat and garage. Offer conting.on sellers signing P&S on prop.they have chosen. A true gem!
| |||
| Jun 8, 2001 | Sold | ||
| Sold | |||
| Apr 26, 2001 | Listed | $339,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Width: 9
Length: 15
Area: 135
Length: 24
Level: First
Area: 360
Width: 15
Level: First
Length: 15
Width: 13
Area: 195
Features: No
Full Bathrooms: 1
Interior Features: Loft
Appliances: Electric Water Heater, Tank Water Heater
Flooring Type: Tile, Carpet
Laundry Features: First Floor
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Detached
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CONDO
Parcel Number: 547265
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $266,000
Tax Annual Amount: $3,221
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $224
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/24/2007
|
1 Bed
|
1 Bath
|
1237 ft²
|
$434,900
1 Bed
1 Bath
1237 ft²
|
$415,000
-4.58%
02/28/2008
|
Valerie Larsin
Dewolfe-Lexington
| |
|
04/26/2001
|
1 Bed
|
1 Bath
|
1049 ft²
|
$339,000
1 Bed
1 Bath
1049 ft²
|
$345,000
+1.77%
06/08/2001
|
Wantzu Liu
Carlson GMAC Real Estate
|
Building Info
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