
171 Lincoln Street Lexington — Photo 1 of 38
$2,395,000
Investment Analysis — 171 Lincoln Street
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 1.04% cap rate and $24,942/yr in estimated NOI at the $2,395,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
4,376
Style
Single Family
Built
2011
Looking for new construction? Consider this fresh, young, turn-key Colonial, located just a three-minute walk to Lincoln athletic fields. Lexington High, Hayden Recreation and Bridge Elementary are all within an easy 5-minute stroll. Stunning 2022 kitchen renovation by Feinmann, with an abundance of storage, Wolf/Miele appliances, quartz countertops, creamy white & beige cabinetry, restaurant-style hood, tile backsplash & plenty of task lighting. The easy living floor plan includes multiple options for home offices or dare I say it, homework. The spacious family room features a contemporary gas fireplace flanked by a wall of built-in cabinetry with accent lighting. Four bedrooms on the second floor include a primary suite and an equally appealing private guest suite. The finished third floor offers a large, open bonus room with a vaulted ceiling and built-in beverage bar—ideal as a media room, game room, home office or gym—plus unfinished storage. Outside, the fenced backyard offers year-round privacy. Add'l improvements include stone walls, plantings & power for an EV charger in the oversized garage.
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 4,376 sq ft principal dwelling). Lot size: 25,000 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
Water Heater • Oven • Dishwasher • Disposal • Range • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 15
Flooring - Hardwood, French Doors
Dining Room
Lvl First14 x 15
Flooring - Hardwood
Kitchen
Lvl First30 x 15
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
Office
Lvl First10 x 9
Flooring - Hardwood
Family Room
Lvl First21 x 24
Ceiling Fan(s), Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Remodeled
Master Bedroom
Lvl Second14 x 19
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Second14 x 13
Walk-In Closet(s), Flooring - Hardwood
Bedroom 4
Lvl Second17 x 17
Bathroom - 3/4, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bathroom 1
Lvl First7 x 7
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second12 x 8
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second10 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Soaking Tub
Property History
$2,395,000
Aug 25, 2026
MLS® 73568058
$1,195,650
Aug 10, 2011
MLS® 71263877
$1,239,000
Jul 19, 2011
MLS® 71263877
$419,900
Aug 30, 2010
MLS® 71100837
$419,900
Jun 24, 2010
MLS® 71100837
Listing Agent: Deborah Fogarty
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73568058