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Lexington 02421 East Lexington
60 Taft Avenue
$1,379,000
● House - Off Market

60 Taft Avenue

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,350 Ft²
$2,143,140
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Just completed! Elegant new construction atop Liberty Heights, Lexington!! Finely crafted with three levels of living with an open concept first floor offering a chef's kitchen with floor to ceiling cabinetry, stainless steel appliances and center island, open to the family room with gas fireplaces and built-ins. Well proportioned formal living & dining rooms, huge mudroom loaded with built-ins and half bath. The second floor offers four bedrooms, including a guest suite and a master suite boasting a stylish bath and dual walk in closets. The finished lower level offers versatile space for all, perfect as a media, play room, gym or game room. An easy and quick walk to Mass Ave shopping amenities, Sutherland Park, multiple conservation trails, Wilson Farm and The Minuteman Bikeway!
Unit Size
3,350 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$412
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #72152391)

Price History

Date / Event Date Event Price
Aug 4, 2017 Sold
Premium
Sold
Apr 25, 2017 Listed by Coldwell Banker Residential Brokerage - Lexington $1,379,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Jul 20, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,124
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,732
  • Gross Building Area: 6,012
  • Building Area: 2,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,732
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0013 L:000248
  • Lot: 248
  • Municipality: LEXINGTON
  • Latitude: 42.4251
  • Longitude: -71.2005

    Address

  • Full Address: 60 Taft Ave
  • Address - House Number: 60
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C008
  • 4-Digit Zip Code: 4133
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,966,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,835,511
  • High Value: 2,160,821
  • Low Value: 1,510,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,513,000
  • Assessed Land Value: $667,000
  • Assessed Improvements Value: $846,000

    Sales

  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124721
  • Previous Sale Recording Date: Jul 20, 2016
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: O
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:

$1,250,000

Sale Price/ft²

$564

Below Asking

0.02%

Average Days on Market

49

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# 72152391

Frequently Asked Questions

When was property at 60 Taft Avenue built and last sold?
The property at 60 Taft Avenue was built in 2016 and last sold on Jan 1, 1970 for $1,379,000.
How much is this home worth?
The estimated value of the home located at 60 Taft Avenue is $1,424,266.
What are some comparable homes to 60 Taft Avenue?
There are currently no comparable homes to 60 Taft Avenue.
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