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Lexington 02421 Idylwide
7 Phinney Road
Photo of 7 Phinney Road
Sold on Dec 2, 2008

1

Map

$1,100,000
● House - Off Market

7 Phinney Road

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,350 Ft²
$2,523,308
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Sprawl custom Contemp Brick front Col cmptly renvtd on mncrd lot. A short walk to Bridge Elem school, this unique home boasts a 1st flr master bdrm suite w/dressing rm & his & her baths, a new maple gourmet kit w/center island, granite counters & back splash & SS appliances. Open cath ceil family rm w/skylights, glass doors to porch &yd. There is a fireplaced dining rm, library,  music rm, study & heated sun rm w/hot tub. Fin.LL media & exerc rms. 4 add bdrms & fam rm w/skylts & 2 full bth.
Unit Size
4,350 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$273
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1964

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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 #70790036)

Price History

Date / Event Date Event Price
Sep 23, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed $1,799,000
Listed
Dec 3, 2008 Sold
Premium
Sold
Jul 10, 2008 Listed $1,188,000
Listed
Mar 26, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 1,849
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,678
  • Total Building Area: 3,824
  • Gross Building Area: 7,225
  • Building Area: 3,824
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000406
  • 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:0034 L:000016
  • Lot: 16
  • Municipality: LEXINGTON
  • Latitude: 42.434
  • Longitude: -71.2477

    Address

  • Full Address: 7 Phinney Rd
  • Address - House Number: 7
  • Address - Street Name: Phinney
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C025
  • 4-Digit Zip Code: 7716
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,293,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,245,615
  • High Value: 2,643,609
  • Low Value: 1,847,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,764,000
  • Assessed Land Value: $652,000
  • Assessed Improvements Value: $1,112,000

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1894551
  • Previous Sale Recording Date: Dec 03, 2008
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: 48
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 Idylwide

Stats & Trends

Median Asking:

$1,849,500

Sale Price/ft²

$552

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3121 ft²

Average Home Age

48.3 years

Currently For Sale

3 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: 4 months ago
Data Source: MLS PIN, MLS# 70790036

Frequently Asked Questions

When was property at 7 Phinney Road built and last sold?
The property at 7 Phinney Road was built in 1964 and last sold on Sep 22, 2021 for $1,952,880.
How much is this home worth?
The estimated value of the home located at 7 Phinney Road is $1,817,171.
What are some comparable homes to 7 Phinney Road?
There are currently no comparable homes to 7 Phinney Road.
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