$589,000
●
Condo -
Off Market
7 April Lane #7
Lexington, MA 02421
3 Beds
4 Baths,
1
Half Bath
3,263 Ft²
$1,086,661
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model
About This Property
One of most spacious townhouses. Move right in! freshly
painted with new granite counters and recessed lighting in kitchen.
With three and a half baths and new bathroom fixtures.
There is a spacious finished basement with wet bar.
Unit Size
3,263 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
Condo
Property Taxes
$638
HOA Dues
$570
Year Built
1978
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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 years ago (MLSPIN #71631500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2014 | Sold | ||
| Sold | |||
| Feb 9, 2014 | Listed by Barrett Sotheby's International Realty | $589,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| Oct 25, 2013 | Sold | ||
| Sold | |||
| Mar 24, 2011 | Listed by Boston Homes Realty | $524,900 | |
| Listed by Boston Homes Realty | |||
| | |||
|
Move right into this spacious 3 bedroom, 3.5 bath townhouse w/ garage at Minuteman Village! 3,263sq ft of living space features hardwood flrs on 1st & 2nd levels, large living room & formal dining room, cathedral ceiling family room w/fireplace & sliders to a lovely deck. Eat in kitchen, 3 lrg bedrooms including master bedroom with full bath. Great lower level game rm w/fireplace & wet bar and custom cabinets. Abundant storage, laundry. Easy access to major routes & public trans. Great Home.
| |||
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Features: Countertops - Stone/Granite/Solid
Level: Second
Features: Bathroom - Full
Level: Second
Features: Walk-In Closet(s), Flooring - Hardwood
Features: Flooring - Hardwood
Level: Second
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full
Level: First
Features: Bathroom - Full, Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood
Level: First
Features: Cathedral Ceiling(s), Flooring - Hardwood
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Media Room, Bathroom
Appliances: Dishwasher, Refrigerator
Flooring Type: Wood, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: In Basement
Rooms: 7
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Common, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Minuteman Village
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RM2
Parcel Number: 547887
Water Source: Public
Financial Details
Tax Assessed Value: $504,000
Tax Annual Amount: $7,661
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Fireplace(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $570
Community Features: Public Transportation, Shopping, Highway Access
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 |
|---|---|---|---|---|---|---|---|
|
02/09/2014
|
3 Bed
|
4 Bath
|
3263 ft²
|
$589,000
3 Bed
4 Bath
3263 ft²
|
$589,000
03/31/2014
|
Edie Ruquist
Barrett Sotheby's International Realty
| |
|
03/24/2011
|
3 Bed
|
3 Bath
|
3263 ft²
|
$524,900
3 Bed
3 Bath
3263 ft²
|
$485,000
-7.60%
10/25/2013
|
Armen Khachatourian
Boston Homes Realty
|
Building Info
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