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Lexington 02420 Lexington Town Center
7 Adams Street
Photo of 7 Adams Street
Sold on May 30, 2008

1

Map

$2,525,000
● House - Off Market

7 Adams Street

Lexington, MA 02420
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,829 Ft²
$5,245,418
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

This rare 1898 Meriam Hill Grande Dame enjoys imposing siting on a near acre on Adams Street and frontage on Juniper Circle's quiet cul-de-sac. Close to the new Fiske Elementary School, Diamond Middle School, the High School, the bike path and Lexington Center. Magnificent detailing and sunny spaciousness in 13+ rooms visited by Gershwin, Ziegfeld and Kennedy, are complemented by state-of-the-art amenities. Adams Pool Membership.
Unit Size
5,829 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$456
Property Type
House
Property Taxes
$1,976
HOA Dues
-
Year Built
1890

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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 #70722555)

Price History

Date / Event Date Event Price
Jun 7, 2021 Sold
Premium
Sold
Mar 31, 2021 Listed $3,125,000
Listed
May 30, 2008 Sold
Premium
Sold
Mar 6, 2008 Listed $2,659,000
Listed
Jun 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 18
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,182
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,662
  • Total Building Area: 6,454
  • Gross Building Area: 10,084
  • Building Area: 6,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 6,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEXINGTON
  • Land Acres: 0000000819
  • 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:0063 L:00071F
  • Lot: 71F
  • Municipality: LEXINGTON
  • Latitude: 42.4567
  • Longitude: -71.2263

    Address

  • Full Address: 7 Adams St
  • Address - House Number: 7
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C038
  • 4-Digit Zip Code: 1801
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,664,700

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 4,029,319
  • High Value: 4,905,669
  • Low Value: 3,152,969

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,819,000
  • Assessed Land Value: $904,000
  • Assessed Improvements Value: $1,915,000

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128182
  • Previous Sale Recording Date: May 30, 2008
  • Previous Sale Amount: $2,525,000
  • 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:

$2,199,495

Sale Price/ft²

$591

Below Asking

0.01%

Average Days on Market

66

Average Home Size

3413 ft²

Average Home Age

82.5 years

Currently For Sale

21 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70722555

Frequently Asked Questions

When was property at 7 Adams Street built and last sold?
The property at 7 Adams Street was built in 1890 and last sold on Jun 7, 2021 for $3,125,000.
How much is this home worth?
The estimated value of the home located at 7 Adams Street is $3,109,625.
What are some comparable homes to 7 Adams Street?
There are currently no comparable homes to 7 Adams Street.
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