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Lexington 02421 Follen Heights
7 Barrett Road
$787,000
● House - Off Market

7 Barrett Road

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,861 Ft²
$1,329,784
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Beautiful cul-de-sac location, this home features an exquisitely remodeled kitchen with granite countertops, modern gas cooking, custom cabinets and dental molding. A bright and sunny dining room with glass sliders leads to a wonderful deck overlooking the manicured backyard lined with mature tress. Warm up by crackling fireplaces in both the living room and lower level family room. The large master bedroom has an en-suite full master bath. Hardwood floors throughout the main level, 4 bedrooms, 2½ baths, two-car garage, gas heat, and central air conditioning. Excellent location within walking distance to Bowman Elementary School, convenient access to Rt 2, and tucked back in a very sought after neighborhood. A warm home ready for new owners to enjoy!
Unit Size
1,861 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$392
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71758023)

Price History

Date / Event Date Event Price
Dec 3, 2014 Sold
Premium
Sold
Oct 16, 2014 Listed by The Higgins Group REALTORS® $730,000
Listed by The Higgins Group REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 820
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,936
  • Total Building Area: 1,375
  • Gross Building Area: 2,792
  • Building Area: 1,375
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,375
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0009 L:000117
  • Lot: 117
  • Municipality: LEXINGTON
  • Latitude: 42.42
  • Longitude: -71.2175

    Address

  • Full Address: 7 Barrett Rd
  • Address - House Number: 7
  • Address - Street Name: Barrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C032
  • 4-Digit Zip Code: 6102
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,357,200

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,414,708
  • High Value: 1,665,439
  • Low Value: 1,163,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,044,000
  • Assessed Land Value: $647,000
  • Assessed Improvements Value: $397,000

    Sales

  • Current Sale Recording Date: Dec 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1687039
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 Follen Heights

Stats & Trends

Median Asking:

$1,379,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3979 ft²

Average Home Age

40.7 years

Currently For Sale

12 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71758023

Frequently Asked Questions

When was property at 7 Barrett Road built and last sold?
The property at 7 Barrett Road was built in 1971 and last sold on Jan 1, 1970 for $787,000.
How much is this home worth?
The estimated value of the home located at 7 Barrett Road is $757,334.
What are some comparable homes to 7 Barrett Road?
There are currently no comparable homes to 7 Barrett Road.
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