
11 Stratham Rd Lexington — Photo 1 of 36
$1,298,000
Investment Analysis — 11 Stratham Rd
Lexington, MA 02421
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 2.81% cap rate and $36,538/yr in estimated NOI at the $1,298,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,660
Style
Single Family
Built
1947
Situated in the heart of Lexington, this charming Cape offers an exceptional blend of comfort, convenience, and timeless appeal. Ideally located just moments from Lexington Center, Hayden Recreation Centre, the town pool, schools, shopping, dining, and conservation trails, this home puts the very best of the community right at your doorstep. Inside, a versatile floor plan offers four bedrooms and two full baths, thoughtfully arranged in a classic Cape-style layout. The renovated kitchen features granite countertops, ample cabinetry, and a seamless connection to the dining room, creating a welcoming setting for both everyday living and entertaining. The spacious living and family rooms flow effortlessly together and are anchored by a classic fireplace, providing a warm and inviting space to gather and unwind. Outside, a large deck directly off the kitchen extends the living space and overlooks the level backyard, offering plenty of room for play, gardening, entertaining, or future expansion. With its unbeatable location, flexible floor plan, inviting living spaces, and generous outdoor setting, this wonderful home offers the opportunity to enjoy the best of living in Lexington!
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: 830 sq ft (the lesser of 900 sq ft or half the 1,660 sq ft principal dwelling). Lot size: 13,670 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 15
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Sconce
Dining Room
Lvl First10 x 11
Flooring - Hardwood, Deck - Exterior, Exterior Access
Kitchen
Lvl First16 x 9
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Remodeled
Family Room
Lvl First13 x 11
Flooring - Hardwood, Recessed Lighting
Master Bedroom
Lvl Second15 x 19
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 19
Bedroom 3
Lvl First11 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl First11 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl Second6 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Martha Sevigny
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73574069
