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Lexington 02420 Lexington Town Center
6 Wadman Circle
$1,293,000
● House - Off Market

6 Wadman Circle

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,832 Ft²
$1,805,382
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Bright and charm filled restored Carriage House built in 1888. The beautiful screened sitting porch sets the tone for this one of a kind home sited on a level lot on a quiet Merriam Hill private way. Step in and appreciate the gracious entry hall, with fireplace, that will lead you to detailed mouldings, high ceilings, built-ins and timeless craftsmanship. Convenient to Lexington Center, the Minuteman Bikeway, Fiske, Diamond, Lexington High School, Cary Library, the MBTA bus line and all that Lexington has to offer!
Unit Size
2,832 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$480
Property Type
House
Property Taxes
$1,404
HOA Dues
-
Year Built
1888

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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 #72663902)

Price History

Date / Event Date Event Price
Aug 25, 2020 Sold
Premium
Sold
May 29, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,360,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,440
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,072
  • Total Building Area: 2,832
  • Gross Building Area: 5,052
  • Building Area: 2,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0056 L:000072
  • Lot: 72
  • Municipality: LEXINGTON
  • Latitude: 42.4518
  • Longitude: -71.2271

    Address

  • Full Address: 6 Wadman Cir
  • Address - House Number: 6
  • Address - Street Name: Wadman
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lexington
  • Carrier Code: C043
  • 4-Digit Zip Code: 3528
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,827,800

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,910,171
  • High Value: 2,343,479
  • Low Value: 1,476,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,406,000
  • Assessed Land Value: $868,000
  • Assessed Improvements Value: $538,000

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 145808

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,999,500

Sale Price/ft²

$599

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4419 ft²

Average Home Age

77.8 years

Currently For Sale

26 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# 72663902

Frequently Asked Questions

When was property at 6 Wadman Circle built and last sold?
The property at 6 Wadman Circle was built in 1888 and last sold on Aug 19, 2020 for $1,293,000.
How much is this home worth?
The estimated value of the home located at 6 Wadman Circle is $1,383,590.
What are some comparable homes to 6 Wadman Circle?
There are currently no comparable homes to 6 Wadman Circle.
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