Active
92 Days on market
38 Edgewood Rd #2 Lexington — Photo 1 of 16

38 Edgewood Rd #2 Lexington — Photo 1 of 16

Recent Drop: $155,000

$2,150,000
$1,995,000

$1,995,000

Investment Analysis — 38 Edgewood Rd #2

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 1.06% cap rate and $21,067/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,311

Style

Condominium

Built

1906

State-of-the-art restoration of one of Lexington’s finest homes, now part of the ten-residence Edgewood at Meriam Hill community. This light-filled home combines historic charm with modern updates, including all-new plumbing, electrical, windows, insulation, and systems. A formal foyer leads to an open concept floor plan featuring a living room with fireplace and reading nook, dining room, and eat-in kitchen with direct access to a beautiful two-level patio. The home offers three bedrooms, three bathrooms, a spacious mudroom with laundry, a two-car garage, and additional exclusive-use parking. Ideally located just two blocks from Lexington Center and the Minuteman Bikeway, this fabulous location provides easy access to shops, restaurants, schools, and major commuter routes. A rare opportunity to own in Lexington’s most sought-after boutique community.

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 MLS and other third-party data may be inaccurate or out of date.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$2,150,000
Annual Taxes$9,999
HOA Fee$740

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile
BasementY

Climate & Utilities

HeatingHeat Pump, Electric
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRS

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

18.416666666 x 15

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting

Dining Room
Lvl First

14.416666666 x 15.416666666

Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl Main,First

17.416666666 x 15

Window(s) - Picture, Kitchen Island, Exterior Access, Recessed Lighting, Slider, Stainless Steel Appliances, Lighting - Pendant

Master Bedroom
Lvl Second

14.416666666 x 18

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture, Dressing Room

Bedroom 2
Lvl Second

15 x 10

Bedroom 3
Lvl Second

14.416666666 x 13

Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

Flooring - Hardwood

Property History

Price Drop
$1,995,000

Was $2,150,000

Sep 9, 2026

MLS® 73535430

Listed
$2,150,000

Jun 12, 2026

MLS® 73535430

Listing Provided By

Listing Agent: Andrea Jackson

Listing Office: Barrett Sotheby's International Realty

MLS® Number: 73535430