
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First20 x 11
Flooring - Hardwood, Chair Rail
Dining Room
Lvl Main,First11 x 7
Flooring - Wall to Wall Carpet, Chair Rail, Recessed Lighting, Wainscoting, Crown Molding
Kitchen
Lvl Main,First14 x 13
Bathroom - Half, Flooring - Hardwood, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Master Bedroom
Lvl Second12 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second10 x 14
Bedroom 3
Lvl Second11 x 10
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Main,First18 x 12
Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
Bathroom 1
Lvl Main,First7 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 2
Lvl First8 x 3
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 3
Lvl Second8 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Listing Agent: Elizabeth P. Crampton
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73575719
