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11 Stratham Rd Lexington — Photo 1 of 36

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.

View Standard Listing

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

Original Price$1,298,000
Annual Taxes$14,169

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile
BasementFull, Interior Entry

Climate & Utilities

HeatingSteam, Oil
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRS

Property & Lot

Acres0.31
SqFt Lot13,670
Lot FeaturesGentle Sloping

Amenities & Appliances

Water Heater

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBedroom 3Bedroom 4Bathroom 1
Living Room
Lvl First

12 x 15

Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Sconce

Dining Room
Lvl First

10 x 11

Flooring - Hardwood, Deck - Exterior, Exterior Access

Kitchen
Lvl First

16 x 9

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Remodeled

Family Room
Lvl First

13 x 11

Flooring - Hardwood, Recessed Lighting

Master Bedroom
Lvl Second

15 x 19

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

11 x 19

Bedroom 3
Lvl First

11 x 11

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

11 x 10

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

5 x 9

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

Bathroom 2
Lvl Second

6 x 8

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

Listing Provided By

Listing Agent: Martha Sevigny

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73574069