
4 Eliot Rd Lexington — Photo 1 of 41
$3,649,000
Investment Analysis — 4 Eliot Rd
Lexington, MA 02421 — Munroe Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 0.22% cap rate and $7,856/yr in estimated NOI at the $3,649,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5
SqFt
6,390
Style
Single Family
Built
1904
Timeless Queen Anne architecture meets modern luxury in this exceptional Munroe Hill residence offering over 6,000 sq ft of beautifully designed living space. Fully renovated and expanded in 2018 by one of the area’s premier builders, the home thoughtfully preserves its period character while delivering the amenities and functionality of today.A gracious foyer with soaring ceilings, herringbone hardwood floors and a grand staircase sets the tone, complemented by intricate moldings and architectural details throughout. The main level features an elegant fireplaced living room, richly detailed dining room and inviting study. At the heart of the home, the chef’s kitchen showcases an oversized marble island, La Cornue range with gas cooktop and electric ovens, high-end appliances and a dedicated coffee/beverage nook. An adjoining breakfast area overlooks the beautifully landscaped backyard and creates an effortless connection to the outdoor living spaces.The second floor features four bedrooms, including a luxurious primary suite with walk-in closet and spa-inspired bath with heated floors and Victoria & Albert soaking tub. Three additional generously sized bedrooms and beautifully appointed baths complete this level. The third floor offers two more bedrooms, a bonus room and full bath, providing exceptional flexibility for guests, work or recreation.The 2018 expansion added a heated 3-car garage with storage and a custom mudroom with built-ins. The finished lower level provides additional space for recreation, entertaining, fitness or a home office.Outside, the fenced and professionally landscaped backyard is a private retreat featuring raised garden beds, an expansive bluestone patio, built-in grill and fire pit surrounded by mature privacy plantings. Set in Lexington’s desirable Munroe Hill neighborhood a short distance from Lexington Center, this extraordinary home combines character, modern luxury and an exceptional in-town location.
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 6,390 sq ft principal dwelling). Lot size: 22,713 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
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Vacuum System • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21.7 x 15.1
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First13.1 x 14.9
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Wainscoting
Kitchen
Lvl Main,First31.1 x 17.2
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Wine Chiller, Gas Stove, Lighting - Pendant, Crown Molding
Office
Lvl Basement12.4 x 17.9
Flooring - Wall to Wall Carpet
Family Room
Lvl Basement37.7 x 28.3
Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl Second22.2 x 15.1
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Double Vanity, Recessed Lighting
Bedroom 2
Lvl Second13 x 15.4
Bedroom 3
Lvl Second13.2 x 14.2
Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl Second13.1 x 13.7
Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 5
Lvl Third15.2 x 17.2
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Double Vanity
Bathroom 1
Lvl Second16.8 x 12.3
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Upgraded, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Recessed Lighting
Bathroom 2
Lvl Second6.1 x 9.5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Double Vanity
Bathroom 3
Lvl Second8.1 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Double Vanity
Listing Agent: Lori Talanian
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73572936
