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Lexington 02421 Prospect Hill
97 School Street
$1,005,000
● House - Off Market

97 School Street

Lexington, MA 02421
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,125 Ft²
$2,073,510
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Stylish Greek Rivival Style home with 3 floors of quality living space. Generous size rooms, 9' ceilings, oak hardwood floors with walnut inlays, dentil moldings, wainscotting and  a fieldstone wood burning fireplace in the family room. Maple Cabinetry Kitchen with dining area and slider leading to deck and fenced yard. 5 bedrooms including a large master suite with luxurious bath & walk-in closet. Rough plumbed for full bath on LL or third floor. Steps to Hastings School.Easy Access Rt. 2 / 128
Unit Size
3,125 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$328
Property Type
House
Property Taxes
$1,221
HOA Dues
-
Year Built
2005

Payment Calculator

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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 #71358774)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 20, 2021 Listed by Coldwell Banker Residential Brokerage - Lexington $1,495,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Jul 2, 2012 Sold
Premium
Sold
Mar 29, 2012 Listed by Coldwell Banker Residential Brokerage - Lexington $1,025,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Jul 1, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,177
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 3,019
  • Gross Building Area: 6,148
  • Building Area: 3,019
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,019
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358400

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0042 L:000115
  • Lot: 115
  • Municipality: LEXINGTON
  • Latitude: 42.4417
  • Longitude: -71.2517

    Address

  • Full Address: 97 School St
  • Address - House Number: 97
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C017
  • 4-Digit Zip Code: 7429
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,874,600

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,815,055
  • High Value: 2,136,740
  • Low Value: 1,493,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,442,000
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $830,000

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1899781
  • Previous Sale Recording Date: Jul 02, 2012
  • Previous Sale Amount: $1,005,000
  • 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 Prospect Hill

Stats & Trends

Median Asking:

$1,874,500

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3887 ft²

Average Home Age

25 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: 4 months ago
Data Source: MLS PIN, MLS# 71358774

Frequently Asked Questions

When was property at 97 School Street built and last sold?
The property at 97 School Street was built in 2005 and last sold on Nov 19, 2021 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 97 School Street is $1,489,549.
What are some comparable homes to 97 School Street?
There are currently no comparable homes to 97 School Street.
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