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5 Tavern Ln Lexington — Photo 1 of 41

5 Tavern Ln Lexington — Photo 1 of 41

$1,875,000

Investment Analysis — 5 Tavern Ln

Lexington, MA 02421 — Munroe Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 1.32% cap rate and $24,659/yr in estimated NOI at the $1,875,000 list price. Adjust every assumption in the calculator below.

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Beds

5

Baths

4.5

SqFt

3,644

Style

Single Family

Built

1950

Tucked into Munroe Hill, one of Lexington's most coveted neighborhoods, this charming, five-bedroom, four and a half bath expanded Royal Barry Wills cape is situated on a private lot within the Munroe Historical District, a prime location that has long commanded premium value in town. Constructed in 1950 and expanded thoughtfully over the decades, the home retains its original New England character while accommodating the space and flexibility families require.The main level centers on an expansive family room that opens into a sun-drenched, heated sunroom overlooking the backyard and screened-in gazebo, an inviting setting for morning coffee or evening gatherings that extend well into the cooler months. Enjoy a freshly painted interior and hardwood floors thoughout. A two-car garage provides additional convenience with direct access to the backyard. Also on this level, a first floor full bath offers flexibility for multigenerational households. The lower level includes a den, full bedroom and en suite bath. Upstairs, the primary suite features its own en-suite bathroom, while a nursery is served by a half bath. Two additional bedrooms share a second full bath.The property is geocoded for Hastings, Lexington's newest and award-winning elementary school, subject to district confirmation, an additional consideration for families prioritizing education. Situated minutes from Lexington Center, primary commuter routes, and the town's parks and amenities, this quaint home combines historical character with a highly desirable location. Text list agent for questions and showings.

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 3,644 sq ft principal dwelling). Lot size: 50,473 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

Original Price$1,875,000
Annual Taxes$26,048

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms10
Fireplaces3
FlooringWood, Tile, Flooring - Stone/Ceramic Tile, Flooring - Vinyl, Flooring - Hardwood
BasementFull, Partially Finished

Climate & Utilities

HeatingBaseboard, Oil, Fireplace
CoolingCentral Air, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRS

Property & Lot

Acres1.16
SqFt Lot50,473
Lot FeaturesWooded, Level

Amenities & Appliances

Water Heater • Dishwasher • Disposal • Microwave • Range • Refrigerator

Neighborhood

Pool • Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Basement
Bedroom 5
Living Room
Lvl First

19 x 19

Closet/Cabinets - Custom Built, Flooring - Hardwood

Dining Room
Lvl First

13 x 10

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail

Kitchen
Lvl First

15 x 10

Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting

Office
Lvl First

16 x 15

Flooring - Hardwood

Family Room
Lvl First

21 x 14

Flooring - Hardwood, French Doors

Master Bedroom
Lvl Second

17 x 12

Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 2
Lvl Second

12 x 9

Bedroom 3
Lvl Second

25 x 14

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

13 x 12

Closet, Flooring - Hardwood

Bedroom 5
Lvl Basement

24 x 12

Bathroom - Full, Fireplace, Closet, Flooring - Vinyl

Bathroom 1
Lvl First

8 x 6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

9 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

9 x 7

Bathroom - Half, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Harshini Joshi

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73575203