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19 Days on market
37 Jefferson Dr #1 Lexington — Photo 1 of 42

37 Jefferson Dr #1 Lexington — Photo 1 of 42

$1,649,000

Investment Analysis — 37 Jefferson Dr #1

Lexington, MA 02420

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02420 carries an estimated $4,380/mo in gross rent — about a 0.93% cap rate and $15,404/yr in estimated NOI at the $1,649,000 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

3.5

SqFt

2,839

Style

Condominium

Built

2020

The Ultimate Single-Family Alternative! This pristine townhome, 3-bed, 3.5-bath home with a 2-car garage offers the grand scale of a single-family residence with a maintenance-free lifestyle.The bright, open first floor features a massive 28' fireplaced Family Room opening to your private deck and exclusive-use yard (yours to enjoy, but you never have to mow the lawn!). Upstairs boasts walk-in closets in all bedrooms and soaring cathedral ceilings in two. Need more space? The large finished basement provides the perfect footprint for a media room, home gym, or playroom.Backing up to absolute serenity, the development directly abuts a 250-acre landlocked forest with an on-site hiking trail and a protected 5-acre conservation restriction at the rear. Why compromise on a single-family home when you can have the same space, superior privacy, and none of the exterior upkeep? Schedule your tour today! HOA Fees Include- Landscaping, Snow Removal, Master Insurance and Reserve Fun

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,649,000
Annual Taxes$16,694
HOA Fee$654

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Hardwood, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRO

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Cooktop • Oven

Neighborhood

Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3
First
Dining RoomKitchenFamily Room
Dining Room
Lvl First

Flooring - Hardwood, Chair Rail, Wainscoting

Kitchen
Lvl First

14 x 10

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Wine Chiller, Gas Stove, Lighting - Pendant

Family Room
Lvl First

28 x 14

Flooring - Hardwood, Balcony / Deck, Chair Rail, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Wainscoting

Primary Bedroom
Lvl Second

22 x 18

Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

14 x 14

Bedroom 3
Lvl Second

14 x 13

Ceiling Fan(s), Flooring - Hardwood

Listing Provided By

Listing Agent: Sandeep Arora

Listing Office: NextHome Luxury Realty

MLS® Number: 73568016