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Lexington 02421 Five Fields
9 Benjamin Road
$1,510,000
● House - Off Market

9 Benjamin Road

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,361 Ft²
$1,417,732
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Just Completed. Fully renovated spacious ranch from the frame up. Large lot on a family filled street.  Custom eat-in kitchen with quartz counters, granite backsplash and smart appliances. Island for 3 chairs.  Large living room with wood burning fireplace and loads of sunlight.  Master bedroom includes its own bath with double sinks and a walk-in closet. Guest bath also has double sinks.  1st floor laundry.  Attached 2 car garage with easy access. Finished lower level for added space.  New furnace and A/C with 2 zones and a Navian on demand hot water.  New Spray foam insulation for added warmth and sound barrier. Property has 3 patios.
Unit Size
2,361 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$593
Property Type
House
Property Taxes
$905
HOA Dues
-
Year Built
1952

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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 #72955811)

Price History

Date / Event Date Event Price
May 10, 2022 Sold
Premium
Sold
Mar 22, 2022 Listed by Seedling Realty $1,399,000
Listed by Seedling Realty
Jul 16, 2021 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,861
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,034
  • Total Building Area: 1,861
  • Gross Building Area: 4,392
  • Building Area: 1,861
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,861
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000506
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0011 L:000008
  • Lot: 8
  • Municipality: LEXINGTON
  • Latitude: 42.4202
  • Longitude: -71.2424

    Address

  • Full Address: 9 Benjamin Rd
  • Address - House Number: 9
  • Address - Street Name: Benjamin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C009
  • 4-Digit Zip Code: 8005
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,170,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,121,752
  • High Value: 1,304,144
  • Low Value: 939,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $900,000
  • Assessed Land Value: $570,000
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1913504
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jul 14, 2021
  • Previous Sale Amount: $815,000
  • Previous Sale Document Type: 35

    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 Five Fields

Stats & Trends

Median Asking:

$1,920,000

Sale Price/ft²

$580

Above Asking

0.00%

Average Days on Market

63

Average Home Size

5147 ft²

Average Home Age

47.5 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72955811

Frequently Asked Questions

When was property at 9 Benjamin Road built and last sold?
The property at 9 Benjamin Road was built in 1952 and last sold on May 9, 2022 for $1,510,000.
How much is this home worth?
The estimated value of the home located at 9 Benjamin Road is $1,405,526.
What are some comparable homes to 9 Benjamin Road?
There are currently no comparable homes to 9 Benjamin Road.
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