
23 Lantern Ln Arlington — Photo 1 of 42
$2,950,000
Investment Analysis — 23 Lantern Ln
Arlington, MA 02474 — Located in Arlington’s desirable Morningside neighborhood
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02474 carries an estimated $4,100/mo in gross rent — about a 0.88% cap rate and $25,988/yr in estimated NOI at the $2,950,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
5,550
Style
Single Family
Built
2026
Stunning new-construction home set on a winding hillside street in Arlington's sought-after Morningside neighborhood. Designed for flexible modern living, this 6-bedroom residence features a serene second-floor primary suite plus a complete first-floor suite with its own private entrance — a self-contained space offering exceptional versatility. Two dedicated offices, one on each level, make working from home effortless. The chef's kitchen is complemented by a walk-in pantry with sink, and a separate laundry room with sink adds everyday convenience. The finished lower level impresses with soaring 10-ft ceilings, a home-theater setup with pre-installed speakers, and a bedroom with full bathroom. An additional built-in audio system in the living room and on the rear deck — ready for indoor-outdoor entertaining. Forward-thinking construction includes 400-amp electrical service, three-zone climate control, solar-ready infrastructure, EV pre-wiring, a heated three-car garage with security cameras, a permeable driveway, dedicated rainwater drainage, provision for a future sump pump, sprinkler system, and a 10-year builder's warranty. A rare blend of craftsmanship, efficiency, and flexibility in one of Arlington's most desirable settings.Buyers and buyer agents are to perform their own due diligence and verify all information.Some photos are AI-rendered and may not reflect the final product. New construction is nearing completion; certificate of occupancy to be issued prior to closing. Builder provides a 10-year structural warranty; documentation available upon request. Construction/systems notes for buyer agents: 400-amp electrical service, 3-zone HVAC, solar-ready infrastructure, EV charging pre-wire in the heated 3-car garage, Cat data wiring to every room, pre-installed speakers in the theater room, living room, and rear deck, dedicated rainwater drainage system with permeable driveway, and rough-in provision for a future sump pump (not currently required). Lawn irrigation system and professionally designed landscaping. First-floor suite has a private entrance. Please note: active security cameras on premises (garage). Please submit offers as a single PDF to [email] and allow [24] hours for seller response. Buyers and buyer agents to perform their own due diligence and verify all information.
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 5,550 sq ft principal dwelling). Lot size: 10,123 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • Wine Refrigerator • ENERGY STAR Qualified Dishwasher
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstBathroom - Full, Skylight, Coffered Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Cable Hookup, Recessed Lighting
Dining Room
Lvl FirstBathroom - Half, Coffered Ceiling(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan, Recessed Lighting, Wine Chiller
Kitchen
Lvl FirstBathroom - Half, Coffered Ceiling(s), Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Deck - Exterior, Open Floorplan, Stainless Steel Appliances
Family Room
Lvl FirstBathroom - Half, Coffered Ceiling(s), Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access, Open Floorplan
Primary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl BasementListing Agent: Aflatun Asadov
Listing Office: Steve Bremis Realty Group
MLS® Number: 73554738
