$615,000
●
Condo -
Off Market
61 Potter Pond #61
Lexington, MA 02421
3 Beds
3 Baths,
1
Half Bath
1,998 Ft²
$1,264,934
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model
About This Property
Country living in the suburbs! Exceptional "G" unit at Potter Pond.
Gourmet kitchen with maple cabinets and granite counter tops opens
to oversized dining room. Cozy up next to the two sided fireplace.
Sleep tight in the spacious cathedral ceiling 1st floor master
bedroom with full bath and walk in closet.Hardwood floors
throughout first floor. Full bath upstairs for the two additional
bedrooms. Private yard,tennis courts, and convenient commute,
bordering Belmont. Many upgrades.
Unit Size
1,998 Ft²
Days on Market
-
Land Size
-
Price per sqft
$338
Property Type
Condo
Property Taxes
$511
HOA Dues
$618
Year Built
1981
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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 years ago (MLSPIN #70569085)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by Coldwell Banker Realty - Winchester | $949,900 | |
| Listed by Coldwell Banker Realty - Winchester | |||
| | |||
|
Gorgeous sun filled three-bedroom townhome located in highly desired POTTER POND. Large end-unit with first floor cathedral master suite. Tremendous wood burning fireplace opens to the spacious living room and formal dining area. Island granite kitchen with gas cooking and loads of cabinet/counter space. Slider off the dining area leads to the deck for entertaining. Upper level offers two bedrooms with ample closet space and a full bath. Lower level is partially finished with family room and endless storage space. Other features include hardwood floors throughout, Central Air, recessed lighting, first floor laundry, and rarely offered 2 garage parking spaces. Professionally managed landscaping and snow removal. Premier location in Lexington close to all major routes but set off in a tranquil setting with pond views and recreational courts.
| |||
| Jul 19, 2007 | Sold | ||
| Sold | |||
| May 1, 2007 | Listed by American Hallmark | $675,000 | |
| Listed by American Hallmark | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 8
Length: 15
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Area: 120
Level: First
Features: Bathroom - Half
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 14
Length: 16
Area: 224
Width: 15
Features: Flooring - Hardwood
Length: 15
Level: First
Area: 225
Features: Flooring - Wall to Wall Carpet
Width: 9
Length: 14
Area: 126
Level: Second
Features: Bathroom - Full
Level: First
Length: 17
Level: First
Area: 289
Features: Flooring - Hardwood
Width: 17
Features: Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood
Level: First
Length: 17
Width: 11
Area: 187
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Entrance Foyer
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: First Floor, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Dining Room, Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Skylight(s), Insulated Windows
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RD2
Parcel Number: 547312
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $552,000
Tax Annual Amount: $6,133
Utilities Details
Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Tennis Court(s)
HOA Fee: $618
Community Features: Public Transportation, Tennis Court(s)
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site, Professional - Off Site, Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
05/18/2022
|
3 Bed
|
3 Bath
|
2890 ft²
|
$949,900
3 Bed
3 Bath
2890 ft²
|
$925,000
-2.62%
07/12/2022
|
Seeme Moreira
Coldwell Banker Realty - Winchester
| |
|
05/01/2007
|
3 Bed
|
3 Bath
|
1998 ft²
|
$675,000
3 Bed
3 Bath
1998 ft²
|
$615,000
-8.89%
07/19/2007
|
Russell Arico
Equity Retention Service, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017