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Lexington 02420 Lexington Town Center
74 Hancock Street
Photo of 74 Hancock Street
Sold on Aug 26, 2010

1

Map

$975,000
● House - Off Market

74 Hancock Street

Lexington, MA 02420
bedrooms
6 Beds
bathrooms
5 Baths
square feet
4,700 Ft²
$2,253,568
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Town and Country is the best way to describe this full service property. Located one mile from the Historic Battle Green & thriving town center puts you moments away from all conveniences & yet when you return home you are surrounded by Lexington conservation land. It truly is the best of both worlds! The views are breathtaking! Two master suites w/ fireplaces & full baths plus 4 additional bedrooms & 3 additional baths.Two zones of gas heat.Electric baseboard heat in studio,playroom & office.
Unit Size
4,700 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$234
Property Type
House
Property Taxes
$1,384
HOA Dues
-
Year Built
1970

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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: 2 years ago (MLSPIN #71061401)

Price History

Date / Event Date Event Price
Aug 27, 2010 Sold
Premium
Sold
Apr 8, 2010 Listed by Hammond Residential $1,100,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,544
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,470
  • Total Building Area: 3,992
  • Gross Building Area: 6,412
  • Building Area: 3,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEXINGTON
  • Land Acres: 0000000516
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0064 L:00140D
  • Lot: 140D
  • Municipality: LEXINGTON
  • Latitude: 42.4584
  • Longitude: -71.2297

    Address

  • Full Address: 74 Hancock St
  • Address - House Number: 74
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C043
  • 4-Digit Zip Code: 3421
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,477,800

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,372,987
  • High Value: 2,794,270
  • Low Value: 1,951,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,906,000
  • Assessed Land Value: $865,000
  • Assessed Improvements Value: $1,041,000

    Sales

  • Current Sale Recording Date: Apr 10, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50696
  • Previous Sale Recording Date: Aug 27, 2010
  • Previous Sale Amount: $975,000
  • 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:

$2,199,000

Sale Price/ft²

$596

Below Asking

0.01%

Average Days on Market

68

Average Home Size

3588 ft²

Average Home Age

79.9 years

Currently For Sale

23 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: 2 years ago
Data Source: MLS PIN, MLS# 71061401

Frequently Asked Questions

When was property at 74 Hancock Street built and last sold?
The property at 74 Hancock Street was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 74 Hancock Street is $0.
What are some comparable homes to 74 Hancock Street?
There are currently no comparable homes to 74 Hancock Street.
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