184 Concord Ave Lexington — Photo 1 of 39
$1,389,000
Investment Analysis — 184 Concord Ave
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 2.54% cap rate and $35,283/yr in estimated NOI at the $1,389,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,392
Style
Single Family
Built
1958
Come fall in this love with this Stunning move-in ready NORTH facing 4 bed, 3 bath home in the most desirable and friendly neighborhood of Lexington! The gorgeous sundrenched living room features a cozy fireplace and large bay windows opening to a spacious dining room. The sunroom is perfect for your morning coffee! The updated kitchen dazzles with granite countertops, backsplash, Newer SS appliances, tons of cabinets, a breakfast area and direct access to a beautiful backyard and patio. A generous master suite offers a full bath and luxurious double closets. Two bright spacious bedrooms with double wardrobes and a bathroom complete this floor. The mid lower level features a spacious bedroom and a full bathroom and access to the garage ideal for an in-law suite or guest bedroom. the basement has a spacious family room, pantry, storage space and utilities room. Gleaming hardwood floors, high ceilings, tons of storage at all levels and fresh paint add to the home's charm. Outside, enjoy the beautifully landscaped level yard which is a perfect sanctuary. An attached 2-car garage with EV charger & an additional 4 car parking space completes this perfect home! Lexington's highly rated schools, easy access to major highways, proximity to shopping, trails and much more that Lexington has to offer!! List of updates provided - Oil ROTH Tank - 2026, Irrigation system- 2023, Sunroom - 2015, Central AC -2019, Garden Shed - 2024, Anderson Windows - 2012, Interior paint - 2026, Garage Updates and EV charger - 2024, Interior Oak panel doors - 2025, Heating & AC system with 3 zones.
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 2,392 sq ft principal dwelling). Lot size: 15,625 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 • Range • Oven • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Sunken
Dining Room
Lvl FirstFlooring - Hardwood, Window(s) - Picture, Exterior Access, Recessed Lighting, Slider
Kitchen
Lvl FirstWindow(s) - Picture, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, Recessed Lighting
Family Room
Lvl BasementFlooring - Vinyl, Storage
Master Bedroom
Lvl SecondBathroom - Full, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead, Closet - Double
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Bedroom 4
Lvl FirstCloset, Window(s) - Picture, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Window(s) - Picture
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Preeti Walhekar
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73569145
