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Lexington 02420 Lexington Town Center
9 Colony Rd
Photo of 9 Colony Rd
Sold on Oct 27, 2009

1

Map

$1,100,000
● House - Off Market

9 Colony Rd

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$2,287,083
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

New to the Market! Stately Merriam Hill Colonial! Lovely side street close to Fiske Elementary & town. 4 bedroom, 2.5 bath, air/temp controlled wine cellar, 2 car garage attached, landscaped & private back yard! Outstanding SS gourmet kitchen w/soapstone & granite, Viking Prof 6 burner gas 'open'stove & Miehle double ovens. Spacious MBR bath w/Toto 'air' tub & steam shower. 2nd floor w/soaking tub & sep shower. 1st floor Fam Rm has sep entrance for in-law,aupair/office option.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$344
Property Type
House
Property Taxes
$1,065
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70973296)

Price History

Date / Event Date Event Price
Oct 27, 2009 Sold
Premium
Sold
Sep 11, 2009 Listed $1,100,000
Listed
Jul 16, 2001 Sold
Premium
Sold
Apr 26, 2001 Listed $879,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,145
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,807
  • Total Building Area: 2,958
  • Gross Building Area: 5,490
  • Building Area: 2,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000386
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0055 L:000022
  • Lot: 22
  • Municipality: LEXINGTON
  • Latitude: 42.4552
  • Longitude: -71.2196

    Address

  • Full Address: 9 Colony Rd
  • Address - House Number: 9
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C038
  • 4-Digit Zip Code: 2003
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,011,100
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 1,939,306
  • High Value: 2,285,872
  • Low Value: 1,592,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,547,000
  • Assessed Land Value: $760,000
  • Assessed Improvements Value: $787,000

    Sales

  • Current Sale Recording Date: Oct 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00207643
  • Previous Sale Recording Date: Jul 16, 2001
  • Previous Sale Amount: $880,000
  • Previous Sale Document Type: 27
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 Lexington Town Center

Stats & Trends

Median Asking:

$2,000,000

Sale Price/ft²

$598

Below Asking

0.01%

Average Days on Market

75

Average Home Size

4203 ft²

Average Home Age

80 years

Currently For Sale

25 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# 70973296

Frequently Asked Questions

When was property at 9 Colony Road built and last sold?
The property at 9 Colony Road was built in 1960 and last sold on Jan 1, 1970 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 9 Colony Road is $1,158,193.
What are some comparable homes to 9 Colony Road?
There are currently no comparable homes to 9 Colony Road.
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