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Lexington 02421 North Lexington
8 Cider Mill Lane
Photo of 8 Cider Mill Lane
Sold on Sep 11, 2007

1

Map

$874,500
● House - Off Market

8 Cider Mill Lane

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,969 Ft²
$1,699,727
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

Sun filled new construction.  Beautiful chef's kitchen with granite counter tops.  Nice family room with gas fireplace.  Luxurious master suite with Jacuzzi tub.  Large walk-up attic.  Finished basement.  2 car heated garage.
Unit Size
3,969 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$227
Property Type
House
Property Taxes
$964
HOA Dues
-
Year Built
2006

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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 #70548639)

Price History

Date / Event Date Event Price
Sep 11, 2007 Sold
Premium
Sold
Mar 28, 2007 Listed $899,000
Listed
Nov 28, 2006 Sold
Premium
Sold
Apr 13, 2006 Listed $889,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,156
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,062
  • Total Building Area: 2,970
  • Gross Building Area: 5,987
  • Building Area: 2,970
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 2,970
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSON S FARM
  • Land Acres: 0000000139
  • 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:00114B
  • Lot: 114B
  • Municipality: LEXINGTON
  • Latitude: 42.4671
  • Longitude: -71.2435

    Address

  • Full Address: 8 Cider Mill Ln
  • Address - House Number: 8
  • Address - Street Name: Cider Mill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C037
  • 4-Digit Zip Code: 4226
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,901,900

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,759,070
  • High Value: 2,070,833
  • Low Value: 1,447,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,463,000
  • Assessed Land Value: $667,000
  • Assessed Improvements Value: $796,000

    Sales

  • Current Sale Recording Date: Sep 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00170439
  • Previous Sale Recording Date: Nov 28, 2006
  • Previous Sale Amount: $850,000
  • 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 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# 70548639

Frequently Asked Questions

When was property at 8 Cider Mill Lane built and last sold?
The property at 8 Cider Mill Lane was built in 2006 and last sold on Jan 1, 1970 for $874,500.
How much is this home worth?
The estimated value of the home located at 8 Cider Mill Lane is $988,641.
What are some comparable homes to 8 Cider Mill Lane?
There are currently no comparable homes to 8 Cider Mill Lane.
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