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Lexington 02421 East Lexington
85 Oak Street
$645,000
● House - Off Market

85 Oak Street

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,834 Ft²
$1,155,917
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Charming arts and crafts home situated on a well-manicured lot. This wonderful home offers 1,834 square feet of living space. The welcoming front entry leads you into the formal living room featuring a fireplace, built in window seating and coffered ceiling. Through the double French doors you will enter the formal dining room with built in hutch, coffered ceiling and hardwood floors. The lovely eat-in kitchen leads you into the family room with access to the beautiful front yard. The master bedroom, office and full bathroom complete the first floor living area. The second level offers three additional  bedrooms and plenty of space for a reading nook or additional storage. Located in the Bowman Elementary school and Clarke middle school districts. A wonderful home and  location, a must see!
Unit Size
1,834 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$360
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #71896215)

Price History

Date / Event Date Event Price
Nov 20, 2015 Sold
Premium
Sold
Aug 28, 2015 Listed by Coldwell Banker Residential Brokerage - Lexington $659,900
Listed by Coldwell Banker Residential Brokerage - Lexington
Dec 21, 2001 Sold
Premium
Sold
Sep 29, 2001 Listed by Coldwell Banker Residential Brokerage - Lexington $399,900
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 1,004
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,850
  • Total Building Area: 1,834
  • Gross Building Area: 3,429
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • 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:0013 L:000224
  • Lot: 224
  • Municipality: LEXINGTON
  • Latitude: 42.424
  • Longitude: -71.1996

    Address

  • Full Address: 85 Oak St
  • Address - House Number: 85
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C008
  • 4-Digit Zip Code: 6243
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,140,100

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,091,415
  • High Value: 1,283,875
  • Low Value: 898,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $877,000
  • Assessed Land Value: $535,000
  • Assessed Improvements Value: $342,000

    Sales

  • Current Sale Recording Date: Nov 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 198703
  • Previous Sale Recording Date: Dec 21, 2001
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 East Lexington

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$564

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3034 ft²

Average Home Age

77.8 years

Currently For Sale

5 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: 5 months ago
Data Source: MLS PIN, MLS# 71896215

Frequently Asked Questions

When was property at 85 Oak Street built and last sold?
The property at 85 Oak Street was built in 1925 and last sold on Jan 1, 1970 for $645,000.
How much is this home worth?
The estimated value of the home located at 85 Oak Street is $682,280.
What are some comparable homes to 85 Oak Street?
There are currently no comparable homes to 85 Oak Street.
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