$1,100,000
●
Condo -
Off Market
88 Potter Pond Rd #88
Lexington, MA 02421
3 Beds
3 Baths
2,218 Ft²
$6,876
Est. Monthly
$929
HOA / Fees
About This Property
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
Unit Size
2,218 Ft²
Days on Market
-
Land Size
-
Price per sqft
$451
Property Type
Condo
Property Taxes
$1,036
HOA Dues
$929
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 months ago (MLSPIN #73334871)
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 | |||
| | |||
|
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!
| |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Sun Room, Bonus Room
Appliances: Range, Oven, Dishwasher, Disposal
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Door Features: Insulated Doors
Laundry Features: In Unit, First Floor
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2218
Year Built Source: Public Records
Year Built: 1984
Building Name: Potter Pond
Building Area Total: 2218
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $952,000
Tax Annual Amount: $12,432
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, Maintenance Grounds, Snow Removal, Road Maintenance
HOA/Condo/Coop Amenities: Tennis Court(s)
HOA Fee: $929
HOA Fee Frequency: Monthly
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