
23 Fifer Ln #23 Lexington — Photo 1 of 29
$825,000
Investment Analysis — 23 Fifer Ln #23
Lexington, MA 02420
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 2.26% cap rate and $18,609/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,346
Style
Condominium
Built
1978
Updated end unit at Drummer Boy Way offering a first floor primary suite, two second floor bedrooms, and a fully finished walk-out basement with sliding doors and office. The main level features an eat-in kitchen with maple cabinetry, maple flooring and sliders to a front patio. The open living and dining area opens to a private deck with outstanding wooded views. The first floor primary suite includes a walk-in closet and full bath. Upstairs, you'll find a second bedroom suite with a full bath, an additional bedroom, and another full bath. Beautiful hardwood floors and abundant natural light enhance the home throughout. The finished lower level offers a spacious playroom with built-ins and sliders to the rear yard, along with an office, full bath, office, laundry area, and utility room. Community amenities include a pool, EV charging stations, clubhouse, tennis courts, and walking and jogging trails. Conveniently located near bus routes 62, 67 and Lexpress, as well as major routes.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Pool • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Balcony / Deck, Deck - Exterior, Open Floorplan
Dining Room
Lvl FirstFlooring - Hardwood, Balcony / Deck, Deck - Exterior, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Main,First13.666666666 x 11.75
Ceiling Fan(s), Dining Area, Cabinets - Upgraded, Exterior Access, Slider, Lighting - Overhead, Crown Molding
Office
Lvl Basement13.166666666 x 12.416666666
Closet - Walk-in, Closet - Cedar, Flooring - Wall to Wall Carpet
Family Room
Lvl Basement26.5 x 11.166666666
Closet/Cabinets - Custom Built, Flooring - Laminate, Slider, Lighting - Overhead
Master Bedroom
Lvl Main,First14 x 13.333333333
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second16.166666666 x 11.583333333
Bedroom 3
Lvl Second10.916666666 x 10.583333333
Closet, Flooring - Hardwood
Bathroom 1
Lvl First12.5 x 5.666666666
Bathroom - Full, Bathroom - Tiled With Shower Stall
Bathroom 2
Lvl Second12.583333333 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 3
Lvl Basement9 x 4.583333333
Bathroom - Tiled With Tub & Shower
Listing Agent: Lester Savage
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73575625
