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282 Lowell Street Lexington — Photo 1 of 21

282 Lowell Street Lexington — Photo 1 of 21

$1,149,000

Investment Analysis — 282 Lowell Street

Lexington, MA 02420

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02420 carries an estimated $4,830/mo in gross rent — about a 2.82% cap rate and $32,405/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

1,893

Style

Single Family

Built

1951

Move right in to this beautifully renovated 4 Bedroom, 2.5 Bathroom timeless New England Colonial. Set significantly back from the street and surrounded by mature trees and custom wood privacy fencing, this property offers an exceptionally private setting while maintaining convenient access to the main road. The First Floor Bedroom Suite is ideal for a primary retreat, in-law, or playroom. Updated eat-in Kitchen with granite countertops, gorgeous hand-finished Winchester® tile, stainless appliances, and refinished antique wood flooring, plus Powder Room and glass door to Deck. Sun-filled front-to-back Living Room, spacious enough for both living and dining areas, boasts a natural fireplace with cast iron firebox, built-ins, and custom moldings. Elegant Home Office or dedicated Dining Room with classic wainscot paneling. Three Bedrooms and a full Bathroom complete the Second Floor with custom handcrafted shutters adding character throughout. The Lower Level offers a finished Den or Playroom, plus plenty of storage space and a Laundry area. Beautifully built spacious Deck and a brick and bluestone Patio with new gazebo overlook the private yard and exceptional landscaping. Freestanding shed plus attached heated space provide flexibility for a Home Office, studio, or storage. Steps from Harrington Elementary School and minutes from Whipple Hill, Lexington Center, major commuter routes, and more.

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 1,893 sq ft principal dwelling). Lot size: 12,525 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$1,149,000
Annual Taxes$11,645

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringVinyl, Carpet, Hardwood, Laminate
BasementFinished

Climate & Utilities

HeatingBaseboard
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.29
SqFt Lot12,525
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 3
First
Bathroom 2
Main,First
Living RoomDining RoomKitchenBedroom 4Bathroom 1
Living Room
Lvl Main,First

20 x 11

Flooring - Hardwood, Chair Rail

Dining Room
Lvl Main,First

11 x 7

Flooring - Wall to Wall Carpet, Chair Rail, Recessed Lighting, Wainscoting, Crown Molding

Kitchen
Lvl Main,First

14 x 13

Bathroom - Half, Flooring - Hardwood, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances

Master Bedroom
Lvl Second

12 x 11

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

10 x 14

Bedroom 3
Lvl Second

11 x 10

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Main,First

18 x 12

Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Bathroom 1
Lvl Main,First

7 x 6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 2
Lvl First

8 x 3

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 3
Lvl Second

8 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead

Listing Provided By

Listing Agent: Elizabeth P. Crampton

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73575719