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Lexington 02420 North Lexington
7 Wyman Rd
$750,000
● House - Off Market

7 Wyman Rd

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,770 Ft²
$1,249,511
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Charming ranch offers great potential!  Sited on a large beautiful lot, this home features 3 bedrooms, 2 bathrooms, sparkling hardwood floors, enclosed porch, a finished walkout basement with a 1 car garage.  Lovingly cared for and maintained this home features a recently replaced roof.  Located in the coveted Manor neighborhood and based in the Estabrook School District. Ideal commuting location near Rte 95 and walking distance to public transportation.   Don't miss the opportunity to make this your new home!
Unit Size
1,770 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$451
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
2018

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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: 4 months ago (MLSPIN #72200056)

Price History

Date / Event Date Event Price
Nov 3, 2017 Sold
Premium
Sold
Jul 18, 2017 Listed by Coldwell Banker Residential Brokerage - Lexington $799,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 939
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,856
  • Total Building Area: 3,520
  • Gross Building Area: 7,222
  • Building Area: 3,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000456
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358600

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0078 L:000175
  • Lot: 175
  • Municipality: LEXINGTON
  • Latitude: 42.4703
  • Longitude: -71.2421

    Address

  • Full Address: 7 Wyman Rd
  • Address - House Number: 7
  • Address - Street Name: Wyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C022
  • 4-Digit Zip Code: 3237
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,343,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,169,591
  • High Value: 2,554,765
  • Low Value: 1,784,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,803,000
  • Assessed Land Value: $732,000
  • Assessed Improvements Value: $1,071,000

    Sales

  • Current Sale Contract Date: Oct 24, 2017
  • Current Sale Recording Date: Nov 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1774464
  • Previous Sale Recording Date: Mar 05, 2009
  • 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 North Lexington

Stats & Trends

Median Asking:

$1,600,000

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3612 ft²

Average Home Age

45.5 years

Currently For Sale

27 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72200056

Frequently Asked Questions

When was property at 7 Wyman Road built and last sold?
The property at 7 Wyman Road was built in 2018 and last sold on Oct 24, 2017 for $750,000.
How much is this home worth?
The estimated value of the home located at 7 Wyman Road is $819,926.
What are some comparable homes to 7 Wyman Road?
There are currently no comparable homes to 7 Wyman Road.
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