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Lexington 02420 North Lexington
9 Ballard Terrace
$680,000
● House - Off Market

9 Ballard Terrace

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,213 Ft²
$1,347,388
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

Sited on a quiet cul-de-sac street near Diamond School, this house is in pristine, move-in condition. Desirable family nghbrhd, walk to center, bicycle path & public transp. Four bdrms, two bths, eat-in kit, hdwd floors, central air, security system,multi-zone heat, wired for audio & cable. Spectacular family room with cathedral ceiling and fireplace opens to a large deck overlooking a well-maintd yd. Fin lower level. The house has been recently updated w/ 2yr old roof, kit appl & water heater.
Unit Size
2,213 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$325
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1953

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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 years ago (MLSPIN #70531355)

Price History

Date / Event Date Event Price
Jul 11, 2007 Sold
Premium
Sold
Feb 26, 2007 Listed by Coldwell Banker Realty - Lexington $719,000
Listed by Coldwell Banker Realty - Lexington

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 552
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,936
  • Total Building Area: 1,475
  • Gross Building Area: 3,125
  • Building Area: 1,475
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,475
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEXINGTON
  • Land Acres: 0000000366
  • 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:0071 L:000211
  • Lot: 211
  • Municipality: LEXINGTON
  • Latitude: 42.4649
  • Longitude: -71.2361

    Address

  • Full Address: 9 Ballard Ter
  • Address - House Number: 9
  • Address - Street Name: Ballard
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lexington
  • Carrier Code: C030
  • 4-Digit Zip Code: 3201
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,418,300

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,258,182
  • High Value: 1,481,550
  • Low Value: 1,034,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,091,000
  • Assessed Land Value: $756,000
  • Assessed Improvements Value: $335,000

    Sales

  • Current Sale Recording Date: Jul 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00127665
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

65

Average Home Size

3780 ft²

Average Home Age

33.3 years

Currently For Sale

23 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 years ago
Data Source: MLS PIN, MLS# 70531355

Frequently Asked Questions

When was property at 9 Ballard Terrace built and last sold?
The property at 9 Ballard Terrace was built in 1953 and last sold on Jan 1, 1970 for $680,000.
How much is this home worth?
The estimated value of the home located at 9 Ballard Terrace is $0.
What are some comparable homes to 9 Ballard Terrace?
There are currently no comparable homes to 9 Ballard Terrace.
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