52 Albemarle Ave Lexington, MA 02420
East Lexington NeighborhoodEstimated payment $8,227/month
Highlights
- Medical Services
- Open Floorplan
- Wood Flooring
- Harrington Elementary School Rated A
- Cape Cod Architecture
- 3-minute walk to Rindge Park
About This Home
Location, location! Welcome to this exceptional investment opportunity in a prime location! Perched on a coveted corner lot, this well maintained property offers the perfect blend of convenience, comfort, and strong rental income potential. Situated in East Lexington, close to amenities, top-rated schools, and major highways, this home is ideal for both investors or owner-occupant. The property is currently tenant-occupied, generating strong rental income. Open layout, natural lighting and nice yard appeals to all! The full walk-out basement presents exceptional upside whether envisioned as a home gym, office, or finished suite, including a 256 s.f. storage room w/private exterior access. If you're looking to expand your investment portfolio or secure a property in a sought-after neighborhood, this home checks all the boxes. Don’t miss this opportunity to own a high-performing rental property in an unbeatable location! Potential ADU (Accessory Dwelling Unit) in full walk-out basement.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,794
Year Built
- Built in 1956
Lot Details
- 11,340 Sq Ft Lot
- Corner Lot
- Cleared Lot
- Garden
- Property is zoned RS
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Driveway
- 5 Open Parking Spaces
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Open Floorplan
- Recessed Lighting
- Decorative Lighting
- Bay Window
- Living Room with Fireplace
- Bonus Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Garage Access
- Laundry in Basement
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near schools
Schools
- Harrington Elementary School
- Clarke Middle School
- Lexington High School
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 549064
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,716 | $958,000 | $675,000 | $283,000 |
| 2024 | $11,123 | $908,000 | $643,000 | $265,000 |
| 2023 | $10,634 | $818,000 | $584,000 | $234,000 |
| 2022 | $10,226 | $741,000 | $531,000 | $210,000 |
| 2021 | $10,203 | $709,000 | $506,000 | $203,000 |
| 2020 | $9,961 | $709,000 | $506,000 | $203,000 |
| 2019 | $9,489 | $672,000 | $482,000 | $190,000 |
| 2018 | $8,980 | $628,000 | $459,000 | $169,000 |
| 2017 | $8,651 | $597,000 | $423,000 | $174,000 |
| 2016 | $8,337 | $571,000 | $403,000 | $168,000 |
| 2015 | $8,010 | $539,000 | $366,000 | $173,000 |
| 2014 | $8,065 | $520,000 | $358,000 | $162,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $1,360,000 | 0.0% | $722 / Sq Ft | |
| 10/28/2019 10/28/19 | Rented | $2,950 | 0.0% | -- | |
| 10/25/2019 10/25/19 | Under Contract | -- | -- | -- | |
| 10/21/2019 10/21/19 | Price Changed | $2,950 | -4.8% | $2 / Sq Ft | |
| 10/03/2019 10/03/19 | Price Changed | $3,100 | -6.1% | $2 / Sq Ft | |
| 09/09/2019 09/09/19 | For Rent | $3,300 | 0.0% | -- | |
| 08/29/2019 08/29/19 | Sold | $780,000 | -1.1% | $464 / Sq Ft | View Prior Sale |
| 07/15/2019 07/15/19 | Pending | -- | -- | -- | |
| 07/11/2019 07/11/19 | For Sale | $789,000 | 0.0% | $470 / Sq Ft | |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- | |
| 06/27/2019 06/27/19 | For Sale | $789,000 | -- | $470 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $780,000 | -- | |
| Deed | $58,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $624,000 | New Conventional | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $150,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73498329
APN: LEXI-000020-000000-000175
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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