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Lexington 02420 Countryside
9 Locke Lane
Photo of 9 Locke Lane
Sold on Aug 18, 2010

1

Map

$780,000
● House - Off Market

9 Locke Lane

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,600 Ft²
$1,575,449
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Just wait until you see this nine room Multi-Level home. The open floor plan provides the utmost in spaciousness & comfort & is perfect for entertaining & family activities.  Located in the wonderful Sun Valley neighborhood & situated on .69 acres of a landscaped private lot, with perrenial gardens for your enjoyment. You will appreciate the convenient location with easy access to Routes 128, 3 Cambridge & Boston, & a short distance to the newer Harrington Elementary School.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$296
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1955

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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: 2 years ago (MLSPIN #71093942)

Price History

Date / Event Date Event Price
Aug 19, 2010 Sold
Premium
Sold
Jun 10, 2010 Listed $769,000
Listed
Aug 18, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 640
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,875
  • Total Building Area: 1,918
  • Gross Building Area: 5,158
  • Building Area: 1,918
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,918
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000686
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0037 L:000144
  • Lot: 144
  • Municipality: LEXINGTON
  • Latitude: 42.4416
  • Longitude: -71.1897

    Address

  • Full Address: 9 Locke Ln
  • Address - House Number: 9
  • Address - Street Name: Locke
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2706
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,727,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,743,246
  • High Value: 2,018,218
  • Low Value: 1,468,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,329,000
  • Assessed Land Value: $692,000
  • Assessed Improvements Value: $637,000

    Sales

  • Current Sale Recording Date: Aug 19, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00140378
  • Previous Sale Recording Date: Aug 18, 1995
  • Previous Sale Amount: $300,000
  • 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 Countryside

Stats & Trends

Median Asking:

$1,575,000

Sale Price/ft²

$536

Below Asking

0.01%

Average Days on Market

63

Average Home Size

4941 ft²

Average Home Age

59.8 years

Currently For Sale

8 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: 2 years ago
Data Source: MLS PIN, MLS# 71093942

Frequently Asked Questions

When was property at 9 Locke Lane built and last sold?
The property at 9 Locke Lane was built in 1955 and last sold on Jan 1, 1970 for $780,000.
How much is this home worth?
The estimated value of the home located at 9 Locke Lane is $812,185.
What are some comparable homes to 9 Locke Lane?
There are currently no comparable homes to 9 Locke Lane.
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