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Lexington 02420 East Lexington
71 Lowell St
Photo of 71 Lowell St
Sold on Jul 30, 2009

1

Map

$560,000
● House - Off Market

71 Lowell St

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,740 Ft²
$1,180,494
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Move in and Enjoy!  Center entrance Colonial built in 1929.  Fireplace living room with French doors and gumwood moldings and trim, separate formal dining room, large kitchen.  Central A/C for second floor bedrooms. New, Buderus boiler with five heating zones; tankless water heater.  Summer deck overlooks large backyard; dry basement.  Pull down attic for extra storage space. Close to playground, farm, reservoir and conservation land.
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$330
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1929

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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 #70912028)

Price History

Date / Event Date Event Price
Jul 30, 2009 Sold
Premium
Sold
May 1, 2009 Listed $575,000
Listed
Mar 30, 2005 Sold
Premium
Sold
Jan 1, 2005 Listed $539,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 908
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,375
  • Total Building Area: 1,688
  • Gross Building Area: 3,578
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0028 L:000089
  • Lot: 89
  • Municipality: LEXINGTON
  • Latitude: 42.4344
  • Longitude: -71.1885

    Address

  • Full Address: 71 Lowell St
  • Address - House Number: 71
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2808
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,144,000

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,169,214
  • High Value: 1,376,788
  • Low Value: 961,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $880,000
  • Assessed Land Value: $545,000
  • Assessed Improvements Value: $335,000

    Sales

  • Current Sale Recording Date: Jul 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00149043
  • Previous Sale Recording Date: Mar 30, 2005
  • Previous Sale Amount: $535,000
  • 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 East Lexington

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$564

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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# 70912028

Frequently Asked Questions

When was property at 71 Lowell Street built and last sold?
The property at 71 Lowell Street was built in 1929 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 71 Lowell Street is $599,078.
What are some comparable homes to 71 Lowell Street?
There are currently no comparable homes to 71 Lowell Street.
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