Active
94 Days on market
119 Emerson Gardens Rd #119 Lexington — Photo 1 of 13

119 Emerson Gardens Rd #119 Lexington — Photo 1 of 13

$599,000

Investment Analysis — 119 Emerson Gardens Rd #119

Lexington, MA 02420

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02420 carries an estimated $3,650/mo in gross rent — about a 3.40% cap rate and $20,356/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,230

Style

Condominium

Built

1965

Welcome to this beautifully updated 2-bedroom condo in Emerson Gardens, one of Lexington’s most sought-after neighborhoods within the acclaimed Lexington school district. This bright first-floor unit features an inviting eat-in kitchen with elegant quartz countertops and stainless steel appliances, perfect for everyday living and entertaining. The spacious, sun-filled living room offers a warm and welcoming atmosphere, while two generously sized bedrooms provide ample closet space, including convenient linen storage. Additional highlights include an updated full bathroom, gleaming hardwood floors throughout, and a basement area with washer/dryer hookups for added convenience. The unit includes one designated parking space, along with ample guest parking. The condo fee covers both heat and hot water, helping to simplify monthly expenses. Ideally located just a short distance from MBTA bus routes 62 and 76 with direct service to Alewife Station.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$599,000
Annual Taxes$6,118.07
HOA Fee$567.82

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofShingle
Foundation--
ZoningRM

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Bike Path

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

16.4 x 14.6

Flooring - Hardwood

Kitchen
Lvl First

14.6 x 11

Master Bedroom
Lvl First

13.6 x 11

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

13.6 x 8.6

Bathroom 1
Lvl First

9 x 5

Bathroom - Full, Bathroom - Tiled With Tub

Property History

Listed
$3,100

Aug 20, 2026

MLS® 73566354

Listed
$599,000

Jun 10, 2026

MLS® 73533010

Listing Provided By

Listing Agent: Wei Fu

Listing Office: Phoenix Real Estate

MLS® Number: 73533010