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Lexington 02421 Lexington Town Center
7 Bennington Road
Photo of 7 Bennington Road
Sold on May 10, 2004

1

Map

$4,700,000
● House - Off Market

7 Bennington Road

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
6,615 Ft²
$9,287,142
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

Exquisite Shingle-Style Home! The summit of Munroe Hill! 1.5 acres overlooks 50 acre conservation land, yet steps to Lexington Center! 6,615 sf of state-of-the-art period style living! Your dream estate in an ideal location! A pleasure to see! Showings accompanied.
Unit Size
6,615 Ft²
Days on Market
-
Land Size
1.52 acres
Price per sqft
$739
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1898

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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 #70010478)

Price History

Date / Event Date Event Price
May 6, 2004 Sold
Premium
Sold
Mar 24, 2004 Listed $4,890,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 18
  • 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: 1,871
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,897
  • Total Building Area: 6,057
  • Gross Building Area: 12,289
  • Building Area: 6,057
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 6,057
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001559
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0031 L:000070
  • Lot: 70
  • Municipality: LEXINGTON
  • Latitude: 42.4384
  • Longitude: -71.2208

    Address

  • Full Address: 7 Bennington Rd
  • Address - House Number: 7
  • Address - Street Name: Bennington
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C004
  • 4-Digit Zip Code: 5605
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,605,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 4,524,520
  • High Value: 5,453,316
  • Low Value: 3,595,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,081,000
  • Assessed Land Value: $1,039,000
  • Assessed Improvements Value: $4,042,000

    Sales

  • Current Sale Recording Date: Sep 23, 2004
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 246604
  • Previous Sale Recording Date: May 06, 2004
  • Previous Sale Amount: $4,700,000
  • 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:

$2,075,000

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

74

Average Home Size

4006 ft²

Average Home Age

77 years

Currently For Sale

25 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: 5 months ago
Data Source: MLS PIN, MLS# 70010478

Frequently Asked Questions

When was property at 7 Bennington Road built and last sold?
The property at 7 Bennington Road was built in 1898 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Bennington Road is $4,927,360.
What are some comparable homes to 7 Bennington Road?
There are currently no comparable homes to 7 Bennington Road.
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