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Lexington 02421 Five Fields
9 Old Shade Street
$746,050
● House - Off Market

9 Old Shade Street

Lexington, MA 02421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,891 Ft²
$1,924,061
RealtyHop Estimate
146.99%
Since Sep 1, 2001
MA-Boston
Primary Model

About This Property

1954 CUSTOM DESIGNED CONTEMPORARY IN COUNTRY LIKE SETTING 54K LOT MAKES FOR EASY EXPANSION OR POSSIBLE SUBDIVISION OPEN FLOOR PLAN;LOTS OF GLASS WITH VIEWS IN ALL DIRECTIONS SHOW 6/29+6/30 FROM 12-4;7/1 OPEN HOUSE FROM 12-2;
Unit Size
1,891 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$412
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1954

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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 #30518340)

Price History

Date / Event Date Event Price
Aug 29, 2001 Sold
Premium
Sold
Jun 25, 2001 Listed $779,000
Listed
Jun 25, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,536
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,958
  • Total Building Area: 1,536
  • Gross Building Area: 3,456
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001239
  • 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:000027
  • Lot: 27
  • Municipality: LEXINGTON
  • Latitude: 42.4208
  • Longitude: -71.2412

    Address

  • Full Address: 9 Old Shade St
  • Address - House Number: 9
  • Address - Street Name: Old Shade
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C009
  • 4-Digit Zip Code: 8017
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,266,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,339,873
  • High Value: 1,577,341
  • Low Value: 1,102,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $974,000
  • Assessed Land Value: $608,000
  • Assessed Improvements Value: $366,000

    Sales

  • Current Sale Recording Date: Aug 29, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Previous Sale Recording Date: Jun 25, 1993
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 43
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:

$2,220,000

Sale Price/ft²

$554

Below Asking

0.02%

Average Days on Market

64

Average Home Size

3904 ft²

Average Home Age

29 years

Currently For Sale

1 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30518340

Frequently Asked Questions

When was property at 9 Old Shade Street built and last sold?
The property at 9 Old Shade Street was built in 1954 and last sold on Jan 1, 1970 for $746,050.
How much is this home worth?
The estimated value of the home located at 9 Old Shade Street is $0.
What are some comparable homes to 9 Old Shade Street?
There are currently no comparable homes to 9 Old Shade Street.
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