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Lexington 02420 Lexington Town Center
7 Hayes Lane
Photo of 7 Hayes Lane
Sold on Apr 10, 2006

1

Map

$573,000
● House - Off Market

7 Hayes Lane

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,736 Ft²
$1,055,755
RealtyHop Estimate
79.25%
Since May 1, 2006
MA-Boston
Primary Model

About This Property

This brick Gambrel Cape in the heart of Lexington Center offers the convenience to be near everything you need!  3 full baths!  Teak deck!  1st floor master! Formal dining room! Oak floors!  Large fireplace! All gas!  Spacious lower level is in addition to the 1736 square feet on the first and second floor. Fiske School neighborhood! Location! Space ! Convienience! The Center! Wow!
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$339
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1934

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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: 5 months ago (MLSPIN #70349545)

Price History

Date / Event Date Event Price
May 10, 2006 Sold
Premium
Sold
Apr 10, 2006 Sold
Premium
Sold
Mar 17, 2006 Listed $589,000
Listed
Feb 26, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 1,044
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,900
  • Total Building Area: 1,785
  • Gross Building Area: 3,724
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0048 L:000219
  • Lot: 219
  • Municipality: LEXINGTON
  • Latitude: 42.447
  • Longitude: -71.2205

    Address

  • Full Address: 7 Hayes Ln
  • Address - House Number: 7
  • Address - Street Name: Hayes
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 3703
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,142,700

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,218,136
  • High Value: 1,434,395
  • Low Value: 1,001,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $879,000
  • Assessed Land Value: $579,000
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: May 10, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00084486
  • Previous Sale Recording Date: Feb 26, 1999
  • Previous Sale Amount: $330,000
  • 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:

$2,174,500

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

74

Average Home Size

3673 ft²

Average Home Age

75.8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70349545

Frequently Asked Questions

When was property at 7 Hayes Lane built and last sold?
The property at 7 Hayes Lane was built in 1934 and last sold on Jan 1, 1970 for $573,000.
How much is this home worth?
The estimated value of the home located at 7 Hayes Lane is $622,898.
What are some comparable homes to 7 Hayes Lane?
There are currently no comparable homes to 7 Hayes Lane.
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