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Closed

905C Massachusetts, Lexington MA 02420

$899,000

Estimated $2,169.57/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $449,500

Total Rent: 24000/year

Estimated CAP Rate: 1.72%

3 Bedrooms

2 Full Baths

1,388 SqFt

Total Parking: 6

4,791 SqFt

OFFER ACCEPTED - OPEN HOUSE CANCELED! , Rare 2 family East Lexington Home! Ideal for extended families, income property or separate office space makes working from home a dream. Offering expansion potential (Need approval from the Historic District Commission, attached architect plans). The main house has a front entrance, kitchen, two bedrooms, living/dining room,. washer dryer, a pull down stairs to a large attic area for storage and an enclosed deck. The second apartment is a garden style one bedroom apartment with an eat-in kitchen, living room, bathroom and laundry room. Entrance is from the driveway parking area - there are no steps. Distinct space for in-laws, au pair, or income production; The home is set back from 905 Massachusetts Avenue. The driveway is shared with three other homes. There is a Right of Way encroachment. There is an oversized gravel driveway for 6 cars. Great location, Near Wilson's Farm, the Great Meadows, bus stop to Alewife, and the Minuteman Bikeway.

This home has been viewed 43 times

Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73061562)

Gross Income: $24,000

Gross Expenses: $8,542

Net Income Calc: $15,458

CAP Rate: 1.72%

Annual Expenses for 905C Massachusetts, Lexington MA 02420

Total Gross Expenses (Calculated)$8,542/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,542.20

Annual Income & Unit Breakdown for 905C Massachusetts, Lexington MA 02420

Total Gross Income (Calculated)$24,000

Unit 1

Rental Income$2,000

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

General Information for 905C Massachusetts, Lexington MA 02420

Listing ID73061562

Property TypeMulti Family / 2 Family

Price$899,000 ($647.69/SqFt)

Style2 Family - 2 Units Up/down

CityLexington

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,388 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesEasements

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRS

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 905C Massachusetts, Lexington MA 02420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$3,000

Total Gross Income By Broker$24,000

Total Net Income By Broker$21,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 905C Massachusetts, Lexington MA 02420

Real Estate Taxes$8,542.20

Tax Year2022

Assessed Value$619,000

Financial Data Source

Total Gross Expenses By Broker$3,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$24,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.72%

Location Information for 905C Massachusetts, Lexington MA 02420

Elementary SchoolBowman

Middle SchoolClarke

High SchoolLexington High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Bike Path, Public Transportation, Private School

Contact Information for 905C Massachusetts, Lexington MA 02420

Agent

Name: Frederica Tassis

Office

Name: Century 21 North East

Phone: 781-893-4220

Payment Calculator

, Interest

Property Taxes 711.85

Principal & Interest 5539.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Frederica Tassis

Agent Phone

Office Phone

(781) 893-4220

Text Agent Call Agent Call Office

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                    [category] => external
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                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 01:51:11
                    [modified] => 2024-05-07 01:51:11
                )

[20] => Array
                (
                    [id] => 6941947
                    [name] => MLS21.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73061562&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 01:51:11
                    [modified] => 2024-05-07 01:51:11
                )

[21] => Array
                (
                    [id] => 6941948
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                    [index] => 22
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                    [modified] => 2024-05-07 01:51:11
                )

[22] => Array
                (
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                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 01:51:11
                    [modified] => 2024-05-07 01:51:11
                )

[23] => Array
                (
                    [id] => 6941950
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061562&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 01:51:11
                    [modified] => 2024-05-07 01:51:11
                )

[24] => Array
                (
                    [id] => 6941951
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061562&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 01:51:11
                    [modified] => 2024-05-07 01:51:11
                )

[25] => Array
                (
                    [id] => 6941952
                    [name] => MLS26.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73061562&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
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                    [modified] => 2024-05-07 01:51:11
                )

[26] => Array
                (
                    [id] => 6941953
                    [name] => MLS27.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73061562&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
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                    [modified] => 2024-05-07 01:51:11
                )

[27] => Array
                (
                    [id] => 6941954
                    [name] => MLS28.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73061562&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
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                    [modified] => 2024-05-07 01:51:11
                )

[28] => Array
                (
                    [id] => 6941955
                    [name] => MLS29.jpg
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                    [modified] => 2024-05-07 01:51:11
                )

[29] => Array
                (
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                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 01:51:11
                    [modified] => 2024-05-07 01:51:11
                )

)

)

EXIT