Active
2 Days on market
106 N Hancock St Lexington — Photo 1 of 42

106 N Hancock St Lexington — Photo 1 of 42

$1,335,000

Investment Analysis — 106 N Hancock St

Lexington, MA 02420 — The Manor

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02420 carries an estimated $4,380/mo in gross rent — about a 1.69% cap rate and $22,540/yr in estimated NOI at the $1,335,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

3,018

Style

Single Family

Built

1963

Meticulously maintained and bursting with pride of ownership, 106 North Hancock Street is ready for its next chapter. This spacious Royal Barry Wills Grand Cape is set back from the street on a large corner lot in Lexington’s desirable Manor neighborhood. Mature trees and established landscaping create wonderful curb appeal while offering a sense of privacy right in the heart of the neighborhood. Less than a mile from Lexington Center and the historic Battle Green, and just steps to Diamond Middle School, the Minuteman Bike Path, and Parker Meadow, the location is hard to beat. Commuters will appreciate convenient access to highway routes along with multiple options for reaching Alewife and Boston. The home’s sprawling layout and large rooms distinguish this Grand Cape from a more traditional Cape-style floor plan, offering versatility for a variety of living arrangements. The formal living room offers a fireplace with an electric insert and direct access to the three-season sunroom, a delightful retreat for morning coffee, relaxing at the end of the day, or simply taking in the changing seasons. The updated kitchen, featuring granite counters, recessed lighting, a desk area, and a built-in microwave, connects seamlessly with the dining and family rooms, creating a comfortable hub for daily life and entertaining. The formal dining room offers a bay of windows overlooking the backyard and plenty of space for hosting friends and family. The bright and sunny family room with a fireplace provides direct access to the patio and fully fenced yard beyond, while expansive views of the backyard bring the outdoors in. Whether hosting summer gatherings, relaxing around the firepit, gardening, or enjoying a quiet afternoon beneath the trees, the backyard feels like a private oasis. A first-floor bedroom suite adds flexibility, offering the potential for a main-level primary suite or a comfortable space for guests or extended family. Upstairs, two generous front-to-back bedrooms provide more options, including the possibility of a second-floor primary bedroom with a full bath conveniently located nearby. The beautifully updated bathroom features a tiled tub and shower, while the other large bedroom offers an ample double closet and lots of natural light. The finished lower level offers a dedicated private office, another updated full bathroom, and a multi-purpose game room perfect for movie nights, exercise or guest accommodations. Nothing left to do but move right in!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,018 sq ft principal dwelling). Lot size: 23,776 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$1,335,000
Annual Taxes$17,406

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces3
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFinished, Interior Entry, Bulkhead

Climate & Utilities

HeatingBaseboard, Natural Gas, Fireplace(s)
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRS

Property & Lot

Acres0.55
SqFt Lot23,776
Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBathroom 1
Basement
OfficeBathroom 3
Living Room
Lvl First

25 x 14

Flooring - Hardwood, Exterior Access

Dining Room
Lvl First

17 x 12

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead

Kitchen
Lvl First

18 x 10

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Lighting - Pendant

Office
Lvl Basement

16 x 13

Flooring - Stone/Ceramic Tile, Recessed Lighting, Closet - Double

Family Room
Lvl First

24 x 16

Flooring - Hardwood, Exterior Access, Recessed Lighting

Master Bedroom
Lvl First

14 x 14

Bathroom - Full, Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl Second

20 x 14

Bedroom 3
Lvl Second

18 x 11

Flooring - Hardwood, Lighting - Overhead, Closet - Double

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Danielle Fleming

Listing Office: MA Properties

MLS® Number: 73575439