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Lexington 02421 Lexington Town Center
6 Stratham Road
$1,995,000
● House - Off Market

6 Stratham Road

Lexington, MA 02421
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,079 Ft²
$4,445,909
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

.BEAUT RSTRD & ENHANCED LANDMARK PROP PROMINENTLY SITED ON HILL FACING CTR. SPAC RMS, FINELY FNSHD MOLDINGS, WIDE MILL- WRK, 3 FP W/INTRICATE MANTELS, SUPERB KIT, MSTR W/FP, MEDIA RM, 2 STUDIES, 6 BR. GORGEOUS PROF LNDSCPD GROUNDS. FABULOUS
Unit Size
5,079 Ft²
Days on Market
-
Land Size
2.18 acres
Price per sqft
$393
Property Type
House
Property Taxes
$999
HOA Dues
-
Year Built
1846

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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 #30598677)

Price History

Date / Event Date Event Price
Jul 19, 2002 Sold
Premium
Sold
Apr 18, 2002 Listed by Coldwell Banker Residential Brokerage - Concord $1,995,000
Listed by Coldwell Banker Residential Brokerage - Concord
Aug 20, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1846
  • Effective Year Built: 1846
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 18
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,727
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,371
  • Total Building Area: 5,004
  • Gross Building Area: 8,125
  • Building Area: 5,004
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • 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:0057 L:000024
  • Lot: 24
  • Municipality: LEXINGTON
  • Latitude: 42.4502
  • Longitude: -71.239

    Address

  • Full Address: 6 Stratham Rd
  • Address - House Number: 6
  • Address - Street Name: Stratham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C001
  • 4-Digit Zip Code: 4509
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,614,300

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 4,377,070
  • High Value: 5,275,596
  • Low Value: 3,478,543

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,011,000
  • Assessed Land Value: $758,000
  • Assessed Improvements Value: $1,253,000

    Sales

  • Current Sale Recording Date: Jul 19, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 937
  • Previous Sale Recording Date: Aug 20, 1993
  • Previous Sale Amount: $520,000
  • 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:

$2,075,000

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4006 ft²

Average Home Age

77 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30598677

Frequently Asked Questions

When was property at 6 Stratham Road built and last sold?
The property at 6 Stratham Road was built in 1846 and last sold on Jan 1, 1970 for $1,995,000.
How much is this home worth?
The estimated value of the home located at 6 Stratham Road is $2,015,757.
What are some comparable homes to 6 Stratham Road?
There are currently no comparable homes to 6 Stratham Road.
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