Active
2 Days on market
23 Fifer Ln #23 Lexington — Photo 1 of 29

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$825,000
Annual Taxes$9,084.78
HOA Fee$1021

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Vinyl, Carpet, Laminate, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRD-1

Property & Lot

Acres0.01
SqFt Lot436
Lot Features--

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

Second
Bedroom 2Bedroom 3Bathroom 2
First
Dining RoomBathroom 1
Basement
OfficeFamily RoomBathroom 3
Main,First
Living RoomKitchenMaster Bedroom
Living Room
Lvl Main,First

Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Open Floorplan

Dining Room
Lvl First

Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Main,First

13.666666666 x 11.75

Ceiling Fan(s), Dining Area, Cabinets - Upgraded, Exterior Access, Slider, Lighting - Overhead, Crown Molding

Office
Lvl Basement

13.166666666 x 12.416666666

Closet - Walk-in, Closet - Cedar, Flooring - Wall to Wall Carpet

Family Room
Lvl Basement

26.5 x 11.166666666

Closet/Cabinets - Custom Built, Flooring - Laminate, Slider, Lighting - Overhead

Master Bedroom
Lvl Main,First

14 x 13.333333333

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

16.166666666 x 11.583333333

Bedroom 3
Lvl Second

10.916666666 x 10.583333333

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

12.5 x 5.666666666

Bathroom - Full, Bathroom - Tiled With Shower Stall

Bathroom 2
Lvl Second

12.583333333 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 3
Lvl Basement

9 x 4.583333333

Bathroom - Tiled With Tub & Shower

Listing Provided By

Listing Agent: Lester Savage

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73575625