46 Grapevine Ave Lexington — Photo 1 of 15
$1,149,000
Investment Analysis — 46 Grapevine Ave
Lexington, MA 02421
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 3.39% cap rate and $38,988/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,507
Style
Single Family
Built
1964
Move right in or bring your vision to this raised ranch in one of Lexington's most cherished neighborhoods, lovingly maintained by the same family for over sixty years. Generous kitchen and living room spaces lead you to three first-floor bedrooms, brimming with natural light. On the lower level you'll find an entire suite -- full bath, kitchen, family room, and a fourth bedroom. Flexible for your family's play or living needs with direct access out to the spacious, professionally landscaped backyard. The large lot abuts scenic conservation land, creating a serene retreat. Set on a quiet side street close to Bridge Elementary, Clarke Middle, and Lexington High, with easy access to town center and highway commuting routes, this home presents a rare opportunity.
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: 754 sq ft (the lesser of 900 sq ft or half the 1,507 sq ft principal dwelling). Lot size: 30,871 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Oven • Microwave • Refrigerator
Neighborhood
Walk/Jog Trails • Bike Path • Conservation Area • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 13
Closet, Flooring - Hardwood, Exterior Access
Dining Room
Lvl First10 x 8
Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Exterior Access, Lighting - Pendant
Kitchen
Lvl First10 x 10
Flooring - Stone/Ceramic Tile, Cable Hookup, Lighting - Pendant
Family Room
Lvl Basement11 x 22
Flooring - Stone/Ceramic Tile, Exterior Access, Lighting - Pendant
Master Bedroom
Lvl First13 x 10
Closet, Flooring - Hardwood
Bedroom 2
Lvl First10 x 14
Bedroom 3
Lvl First10 x 10
Closet, Flooring - Hardwood
Bedroom 4
Lvl Basement11 x 13
Closet, Flooring - Stone/Ceramic Tile
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl BasementBathroom - Full
Property History
$1,149,000
Sep 9, 2026
MLS® 73574696
$1,175,000
Jun 17, 2026
MLS® 73532417
$1,175,000
Jun 9, 2026
MLS® 73532417
Listing Agent: Brian Mcmahon
Listing Office: Rutledge Properties
MLS® Number: 73574696
