
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstPantry, Countertops - Stone/Granite/Solid
Primary Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen
Listing Agent: Aimee Gan
Listing Office: Phoenix Real Estate Partners, LLC
MLS® Number: 73561709