Active
4 Days on market
4 Eliot Rd Lexington — Photo 1 of 41

4 Eliot Rd Lexington — Photo 1 of 41

$3,649,000

Investment Analysis — 4 Eliot Rd

Lexington, MA 02421 — Munroe Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 0.22% cap rate and $7,856/yr in estimated NOI at the $3,649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

5

SqFt

6,390

Style

Single Family

Built

1904

Timeless Queen Anne architecture meets modern luxury in this exceptional Munroe Hill residence offering over 6,000 sq ft of beautifully designed living space. Fully renovated and expanded in 2018 by one of the area’s premier builders, the home thoughtfully preserves its period character while delivering the amenities and functionality of today.A gracious foyer with soaring ceilings, herringbone hardwood floors and a grand staircase sets the tone, complemented by intricate moldings and architectural details throughout. The main level features an elegant fireplaced living room, richly detailed dining room and inviting study. At the heart of the home, the chef’s kitchen showcases an oversized marble island, La Cornue range with gas cooktop and electric ovens, high-end appliances and a dedicated coffee/beverage nook. An adjoining breakfast area overlooks the beautifully landscaped backyard and creates an effortless connection to the outdoor living spaces.The second floor features four bedrooms, including a luxurious primary suite with walk-in closet and spa-inspired bath with heated floors and Victoria & Albert soaking tub. Three additional generously sized bedrooms and beautifully appointed baths complete this level. The third floor offers two more bedrooms, a bonus room and full bath, providing exceptional flexibility for guests, work or recreation.The 2018 expansion added a heated 3-car garage with storage and a custom mudroom with built-ins. The finished lower level provides additional space for recreation, entertaining, fitness or a home office.Outside, the fenced and professionally landscaped backyard is a private retreat featuring raised garden beds, an expansive bluestone patio, built-in grill and fire pit surrounded by mature privacy plantings. Set in Lexington’s desirable Munroe Hill neighborhood a short distance from Lexington Center, this extraordinary home combines character, modern luxury and an exceptional in-town location.

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 6,390 sq ft principal dwelling). Lot size: 22,713 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.

Open Houses

Property Details

Financials

Original Price$3,649,000
Annual Taxes$42,851

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms14
Fireplaces2
FlooringTile, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry, Sump Pump

Climate & Utilities

HeatingBaseboard, Radiant, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRO

Property & Lot

Acres0.52
SqFt Lot22,713
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Vacuum System • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 5
Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2Bathroom 3
Basement
OfficeFamily Room
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

21.7 x 15.1

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

13.1 x 14.9

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Wainscoting

Kitchen
Lvl Main,First

31.1 x 17.2

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Wine Chiller, Gas Stove, Lighting - Pendant, Crown Molding

Office
Lvl Basement

12.4 x 17.9

Flooring - Wall to Wall Carpet

Family Room
Lvl Basement

37.7 x 28.3

Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting

Master Bedroom
Lvl Second

22.2 x 15.1

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Double Vanity, Recessed Lighting

Bedroom 2
Lvl Second

13 x 15.4

Bedroom 3
Lvl Second

13.2 x 14.2

Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Bedroom 4
Lvl Second

13.1 x 13.7

Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Bedroom 5
Lvl Third

15.2 x 17.2

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Double Vanity

Bathroom 1
Lvl Second

16.8 x 12.3

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Upgraded, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Recessed Lighting

Bathroom 2
Lvl Second

6.1 x 9.5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Double Vanity

Bathroom 3
Lvl Second

8.1 x 6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Double Vanity

Listing Provided By

Listing Agent: Lori Talanian

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73572936