$900,000
●
Condo -
Off Market
88 Potter Pond Rd #88
Lexington, MA 02421
3 Beds
3 Baths
2,399 Ft²
$998,019
RealtyHop Estimate
13.60%
Since Nov 1, 2021
MA-Boston
Primary Model
About This Property
Elegant and bright three bedroom picture-perfect Potter Pond
Townhome. Natural light pours in through over-sized windows drawing
you into this extensively updated unit. The thoughtfully updated
kitchen, appliances, granite countertops and island. New hardwood
floors and stairs throughout. Loads of sunlight in the two
first-floor bedrooms with new California closet systems in all
closets. California closet study room. 3 full bathrooms with
customized shower rooms. Second level bedroom with huge storage
closets and a full bath serves your various interests, offering the
potential for a dedicated office or nanny quarters! Large finished
family room with ample storage space located in the basement.
Potter Pond has access to numerous walking trails and its own
tennis court. Dogs are not allowed at Potter Pond. Garage parking
for one car, with additional off-street spaces available. Minutes
to Rt 2. Top Lexington school. Love living in this serene community
in historic Lexington!
Unit Size
2,399 Ft²
Days on Market
-
Land Size
-
Price per sqft
$366
Property Type
Condo
Property Taxes
$866
HOA Dues
$774
Year Built
1984
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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 years ago (MLSPIN #72896517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by Coldwell Banker Realty - Lexington | $1,000,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| | |||
|
This beautifully updated three-bedroom Potter Pond Townhome is bathed in natural light thanks to its oversized windows. The modern kitchen boasts sleek appliances, granite countertops, and an island, while new hardwood floors flow throughout the home. The first floor features two spacious bedrooms, including one main bedroom, which comes with its's own bathroom. Each of the three bathrooms has been thoughtfully customized, including luxurious shower rooms. The second-floor bedroom offers expansive storage and a full bath, perfect for a home office or nanny quarters. A large, finished family room with ample storage space is located in the basement.Potter Pond offers access to scenic walking trails and its own tennis court. Enjoy garage parking for one car, with additional off-street spaces available. Located just minutes from Rt 2, this serene community is perfect for those seeking peace and convenience in historic Lexington
| |||
| Oct 14, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Coldwell Banker Realty - Lexington | $878,500 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Level: First
Width: 11
Length: 17
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Area: 187
Level: First
Area: 63
Width: 9
Features: Flooring - Stone/Ceramic Tile
Length: 7
Area: 99
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid
Length: 11
Level: First
Width: 9
Level: First
Features: Closet, Flooring - Hardwood, Window(s) - Picture
Width: 12
Length: 12
Area: 144
Width: 7
Features: Flooring - Hardwood
Length: 14
Level: First
Area: 98
Features: Bathroom - Full, Skylight, Ceiling Fan(s), Closet, Flooring - Hardwood
Width: 16
Length: 21
Area: 336
Level: Second
Length: 14
Level: First
Area: 238
Features: Flooring - Hardwood
Width: 17
Length: 12
Level: Basement
Width: 24
Area: 288
Width: 10
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Area: 70
Length: 7
Features: Bathroom - Full, Flooring - Hardwood, Window(s) - Picture
Level: First
Length: 14
Width: 18
Area: 252
Features: Yes
Full Bathrooms: 3
Interior Features: Sun Room, Bonus Room
Appliances: Range, Oven, Dishwasher, Disposal
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: First Floor, In Unit
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Potter Pond
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public
Financial Details
Tax Assessed Value: $722,000
Tax Annual Amount: $10,390
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Tennis Court(s)
Association Fee Frequency: Monthly
HOA Fee: $774
Community Features: Tennis Court(s), Walk/Jog Trails
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/12/2025
|
3 Bed
|
3 Bath
|
2218 ft²
|
$1,000,000
3 Bed
3 Bath
2218 ft²
|
$1,100,000
+10.00%
02/28/2025
|
The Alina Wang Team
Coldwell Banker Realty - Lexington
| |
|
09/16/2021
|
3 Bed
|
3 Bath
|
2399 ft²
|
$878,500
3 Bed
3 Bath
2399 ft²
|
$900,000
+2.45%
10/14/2021
|
Christine Pomer
Coldwell Banker Realty - Lexington
| |
|
02/01/2017
|
3 Bed
|
3 Bath
|
2399 ft²
|
$699,000
3 Bed
3 Bath
2399 ft²
|
$760,000
+8.73%
02/21/2017
|
Sheena Santos
Barrett Sotheby's International Realty
| |
|
03/27/2003
|
3 Bed
|
3 Bath
|
1976 ft²
|
$569,000
3 Bed
3 Bath
1976 ft²
|
$555,000
-2.46%
01/30/2004
|
Jean Sandford
J M Barrett & Co., Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017