$424,000
●
Condo -
Off Market
72 Potter Pond #72
Lexington, MA 02421
4 Beds
3 Baths
2,092 Ft²
$1,398,825
RealtyHop Estimate
229.14%
Since Aug 1, 1999
MA-Boston
Primary Model
About This Property
ROYAL BARRY WILLS-STYLE TOWNHOUSE WITH THE FEEL OF A SINGLE.BUILT
IN '83 W/CATH.CEILING LR W/FP,FAM.RM OFF KIT. TO FENCED PATIO &
YARD.MASTER BR OPENS TO TERRACE.1ST FLR 2ND BR PLUS 1 BR ON 2ND FL.
HUGH FULL BSMNT,AC & GARAGE.
Unit Size
2,092 Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
Condo
Property Taxes
$405
HOA Dues
$334
Year Built
1983
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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 years ago (MLSPIN #30322593)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 1999 | Sold | ||
| Sold | |||
| May 21, 1999 | Listed | $425,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 13
Length: 13
Area: 169
Level: Second
Level: First
Width: 12
Length: 14
Area: 168
Area: 126
Length: 18
Level: Second
Width: 7
Width: 11
Length: 12
Level: First
Area: 132
Length: 19
Level: First
Area: 323
Width: 17
Width: 16
Length: 20
Area: 320
Level: Second
Length: 14
Level: First
Width: 13
Area: 182
Level: First
Length: 16
Width: 13
Area: 208
Level: First
Features: Yes
Full Bathrooms: 3
Appliances: Dishwasher, Disposal, Electric Water Heater, Utility Connections for Electric Dryer
Flooring Type: Wood, Carpet
Laundry Features: In Basement
Rooms: 8
Has Fireplace
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio - Enclosed
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 547322
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $302,000
Tax Annual Amount: $4,861
Utilities Details
Utilities: for Electric Dryer
Cooling Type: Central Air
Heating Type: Heat Pump
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Tennis Court(s)
HOA Fee: $334
Community Features: Tennis Court(s), Park
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2003
|
3 Bed
|
3 Bath
|
2092 ft²
|
$610,000
3 Bed
3 Bath
2092 ft²
|
$585,000
-4.10%
05/14/2004
|
Judith Alexander
Barrett Sotheby's International Realty
| |
|
05/21/1999
|
4 Bed
|
3 Bath
|
2092 ft²
|
$425,000
4 Bed
3 Bath
2092 ft²
|
$424,000
-0.24%
07/30/1999
|
Barbara Currier
Coldwell Banker Realty - Cambridge
| |
|
02/09/1995
|
Loft
|
2 Bath
|
2092 ft²
|
$349,000
Loft
2 Bath
2092 ft²
|
$343,000
-1.72%
08/23/1995
|
Matthew Paine
Carlson GMAC Real Estate
|
Building Info
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