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Lexington 02420 North Lexington
8 Diamond Road
Photo of 8 Diamond Road
Sold on Jul 29, 2009

1

Map

$643,500
● House - Off Market

8 Diamond Road

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,904 Ft²
$1,354,797
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

A quintessential "Stanley Myers" contemporary stately situated on manicured 30,000 sf lot w/screened porch & deck. This one of a kind home features an updated kitchen w/granite counters, dining room, large living room w/brick fireplace, four large bedrooms w/hardwood floors including master bedroom w/private bath. Two car oversized attached garage w/workshop & loft add convenience & utility. Enjoy Lexington amenities including Willard's Woods, Minuteman Bike Path & easy access to major routes.
Unit Size
1,904 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$347
Property Type
House
Property Taxes
$679
HOA Dues
-
Year Built
1964

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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 #70874237)

Price History

Date / Event Date Event Price
Jul 30, 2009 Sold
Premium
Sold
Feb 10, 2009 Listed $659,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 179
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,875
  • Total Building Area: 1,049
  • Gross Building Area: 3,453
  • Building Area: 1,049
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,049
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVE SEC 01
  • Land Acres: 0000000686
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0077 L:000178
  • Lot: 178
  • Municipality: LEXINGTON
  • Latitude: 42.4707
  • Longitude: -71.2322

    Address

  • Full Address: 8 Diamond Rd
  • Address - House Number: 8
  • Address - Street Name: Diamond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C011
  • 4-Digit Zip Code: 1622
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,280,500

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,172,200
  • High Value: 1,380,304
  • Low Value: 964,096

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $985,000
  • Assessed Land Value: $678,000
  • Assessed Improvements Value: $307,000

    Sales

  • Current Sale Recording Date: Feb 20, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22280
  • Previous Sale Recording Date: Jul 30, 2009
  • Previous Sale Amount: $643,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,639,500

Sale Price/ft²

$561

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3578 ft²

Average Home Age

45.6 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 70874237

Frequently Asked Questions

When was property at 8 Diamond Road built and last sold?
The property at 8 Diamond Road was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Diamond Road is $686,496.
What are some comparable homes to 8 Diamond Road?
There are currently no comparable homes to 8 Diamond Road.
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