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Lexington 02421 Follen Heights
79 Robbins Road
$828,500
● House - Off Market

79 Robbins Road

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,654 Ft²
$1,213,188
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

In prestigious Follen Hill, a lovely 9 room, 4 bedroom 1 car garage, Colonial. The welcoming foyer leads into an endearing living room with fireplace and a formal dining room with built-in China closet. The updated kitchen has granite counters, a breakfast bar and pantry. There is a cozy family room off the kitchen, a half bath, and a home office with its own entry. Also included is a wonderful deck which offers the perfect spot for outdoor entertaining. The second floor has a spacious master bedroom, three additional bedrooms and a full bath. The lower level offers an inviting playroom with fireplace, laundry and plenty of storage.
Unit Size
1,654 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$513
Property Type
House
Property Taxes
$1,091
HOA Dues
-
Year Built
1940

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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 #72509195)

Price History

Date / Event Date Event Price
Aug 14, 2019 Sold
Premium
Sold
May 30, 2019 Listed by Barrett Sotheby's International Realty $848,000
Listed by Barrett Sotheby's International Realty
Sep 14, 2007 Sold
Premium
Sold
Jun 19, 2007 Listed by Barrett Sotheby's International Realty $745,000
Listed by Barrett Sotheby's International Realty
Jan 11, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 720
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,484
  • Total Building Area: 1,531
  • Gross Building Area: 2,699
  • Building Area: 1,531
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,531
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0031 L:000030
  • Lot: 30
  • Municipality: LEXINGTON
  • Latitude: 42.4346
  • Longitude: -71.2136

    Address

  • Full Address: 79 Robbins Rd
  • Address - House Number: 79
  • Address - Street Name: Robbins
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C029
  • 4-Digit Zip Code: 5814
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,514,500

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,173,331
  • High Value: 1,436,088
  • Low Value: 910,575

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,165,000
  • Assessed Land Value: $837,000
  • Assessed Improvements Value: $328,000

    Sales

  • Current Sale Contract Date: Aug 06, 2019
  • Current Sale Recording Date: Aug 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120543
  • Previous Sale Recording Date: Sep 14, 2007
  • Previous Sale Amount: $740,500
  • 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 Follen Heights

Stats & Trends

Median Asking:

$1,379,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3812 ft²

Average Home Age

52.5 years

Currently For Sale

13 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# 72509195

Frequently Asked Questions

When was property at 79 Robbins Road built and last sold?
The property at 79 Robbins Road was built in 1940 and last sold on Aug 6, 2019 for $828,500.
How much is this home worth?
The estimated value of the home located at 79 Robbins Road is $851,622.
What are some comparable homes to 79 Robbins Road?
There are currently no comparable homes to 79 Robbins Road.
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