Active
33 Days on market
23 Shirley St #27 Lexington — Photo 1 of 29

23 Shirley St #27 Lexington — Photo 1 of 29

$649,000

Investment Analysis — 23 Shirley St #27

Lexington, MA 02421

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02421 carries an estimated $5,040/mo in gross rent — about a 5.58% cap rate and $36,210/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,228

Style

Condominium

Built

1900

Welcome to this bright and inviting 3-bedroom condominium, privately set back from the main road in a convenient Lexington location. Windows at both the front and rear fill the home with natural light, highlighting the hardwood floors and comfortable living and dining spaces. The updated kitchen features white cabinetry, a gas range, dishwasher, generous storage, and direct access to a spacious private rear deck—perfect for outdoor dining or relaxing. Upstairs are three bedrooms with ample closet space and a refreshed full bath. Additional features include private laundry, an independent basement offering abundant storage, two off-street parking spaces, and a large shared yard. With a low monthly condo fee, access to Lexington’s highly regarded public school system, and convenient proximity to Lexington Center, shopping, Route 2, and I-95, this home offers an appealing combination of space, location, and value.

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 MLS and other third-party data may be inaccurate or out of date.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$649,000
Annual Taxes$7,595
HOA Fee$180

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringVinyl, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRS

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchen
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Pantry, Countertops - Stone/Granite/Solid

Primary Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen

Listing Provided By

Listing Agent: Aimee Gan

Listing Office: Phoenix Real Estate Partners, LLC

MLS® Number: 73561709