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Lexington 02420 East Lexington
96 Lowell Street
$715,000
● House - Off Market

96 Lowell Street

Lexington, MA 02420
bedrooms
3 Beds
bathrooms
1 Bath
square feet
920 Ft²
$1,046,431
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Great location!! ATTENTION BUILDERS/CONTRACTORS or handy buyers looking to build equity...this is a great opportunity to renovate, expand, or rebuild this 5 /6 room ranch on this picturesque lot! This lovely ranch offers great potential and is situated on an over 17,000+ SF level lot with mature plants and flowering trees.  The home features 3 beds and 1 full bath with bay window family room, spacious kitchen leading to sunroom/screen porch, two fireplaces. Lower level partially finished w/ FP, and could add another 500 sq ft. Located minutes from the walking/hiking trails of Arlington Great Meadows, Minuteman Bikeway, downtown Lexington and much more!  Strong comparable sales in the area! Call for more info or a private showing!
Unit Size
920 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$788
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1957

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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: 6 months ago (MLSPIN #72455015)

Price History

Date / Event Date Event Price
Dec 14, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by Leading Edge Real Estate $2,099,000
Listed by Leading Edge Real Estate
Apr 18, 2019 Sold
Premium
Sold
Feb 20, 2019 Listed by Leading Edge Real Estate $725,000
Listed by Leading Edge Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,260
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,242
  • Total Building Area: 4,251
  • Gross Building Area: 7,828
  • Building Area: 4,251
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,251
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000396
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0028 L:000011
  • Lot: 11
  • Municipality: LEXINGTON
  • Latitude: 42.4354
  • Longitude: -71.1898

    Address

  • Full Address: 96 Lowell St
  • Address - House Number: 96
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2812
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,505,100
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,543,306
  • High Value: 2,956,836
  • Low Value: 2,129,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,927,000
  • Assessed Land Value: $568,000
  • Assessed Improvements Value: $1,359,000

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 269013
  • Previous Sale Recording Date: Apr 18, 2019
  • Previous Sale Contract Date: Apr 17, 2019
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: O
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 East Lexington

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$565

Below Asking

0.02%

Average Days on Market

49

Average Home Size

3094 ft²

Average Home Age

92.5 years

Currently For Sale

4 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: 6 months ago
Data Source: MLS PIN, MLS# 72455015

Frequently Asked Questions

When was property at 96 Lowell Street built and last sold?
The property at 96 Lowell Street was built in 1957 and last sold on Dec 13, 2021 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 96 Lowell Street is $2,146,302.
What are some comparable homes to 96 Lowell Street?
There are currently no comparable homes to 96 Lowell Street.
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