
5 Tavern Ln Lexington — Photo 1 of 41
$1,875,000
Investment Analysis — 5 Tavern Ln
Lexington, MA 02421 — Munroe Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 1.32% cap rate and $24,659/yr in estimated NOI at the $1,875,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4.5
SqFt
3,644
Style
Single Family
Built
1950
Tucked into Munroe Hill, one of Lexington's most coveted neighborhoods, this charming, five-bedroom, four and a half bath expanded Royal Barry Wills cape is situated on a private lot within the Munroe Historical District, a prime location that has long commanded premium value in town. Constructed in 1950 and expanded thoughtfully over the decades, the home retains its original New England character while accommodating the space and flexibility families require.The main level centers on an expansive family room that opens into a sun-drenched, heated sunroom overlooking the backyard and screened-in gazebo, an inviting setting for morning coffee or evening gatherings that extend well into the cooler months. Enjoy a freshly painted interior and hardwood floors thoughout. A two-car garage provides additional convenience with direct access to the backyard. Also on this level, a first floor full bath offers flexibility for multigenerational households. The lower level includes a den, full bedroom and en suite bath. Upstairs, the primary suite features its own en-suite bathroom, while a nursery is served by a half bath. Two additional bedrooms share a second full bath.The property is geocoded for Hastings, Lexington's newest and award-winning elementary school, subject to district confirmation, an additional consideration for families prioritizing education. Situated minutes from Lexington Center, primary commuter routes, and the town's parks and amenities, this quaint home combines historical character with a highly desirable location. Text list agent for questions and showings.
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 3,644 sq ft principal dwelling). Lot size: 50,473 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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Interior Specifications
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Amenities & Appliances
Water Heater • Dishwasher • Disposal • Microwave • Range • Refrigerator
Neighborhood
Pool • Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 19
Closet/Cabinets - Custom Built, Flooring - Hardwood
Dining Room
Lvl First13 x 10
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail
Kitchen
Lvl First15 x 10
Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Office
Lvl First16 x 15
Flooring - Hardwood
Family Room
Lvl First21 x 14
Flooring - Hardwood, French Doors
Master Bedroom
Lvl Second17 x 12
Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 2
Lvl Second12 x 9
Bedroom 3
Lvl Second25 x 14
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second13 x 12
Closet, Flooring - Hardwood
Bedroom 5
Lvl Basement24 x 12
Bathroom - Full, Fireplace, Closet, Flooring - Vinyl
Bathroom 1
Lvl First8 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second9 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second9 x 7
Bathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Harshini Joshi
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73575203
