
661 Lowell St #17 Lexington — Photo 1 of 25
Recent Drop: $20,000
$799,000
Investment Analysis — 661 Lowell St #17
Lexington, MA 02420
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02420 carries an estimated $3,650/mo in gross rent — about a 2.01% cap rate and $16,086/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,520
Style
Condominium
Built
1995
A rare opportunity to make this spacious end-unit residence your own in the sought-after Locke Village community. Offered for the first time since originally purchased, this meticulously maintained and move-in-ready home is filled with natural light and features soaring cathedral ceilings, a fireplace, and generous living space. The main level offers an open living and dining area, an en suite primary bedroom, in-unit laundry, and access to a private deck. The flexible layout provides an excellent opportunity for a new owner to update and personalize over time. Additional highlights include two heated underground parking spaces and a convenient location close to everything Lexington has to offer, while also being just minutes from Burlington Mall, major highways, shopping, dining, and everyday amenities.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Trash Compactor • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstSkylight, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Open Floorplan
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet, Open Floorplan
Kitchen
Lvl FirstFlooring - Vinyl, Open Floorplan
Master Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl FirstBathroom - Half, Washer Hookup
Bathroom 3
Lvl SecondBathroom - 3/4
Property History
$799,000
Was $819,000
Sep 10, 2026
MLS® 73563442
$819,000
Aug 13, 2026
MLS® 73563442
Listing Agent: Steven Derosa
Listing Office: Steven DeRosa
MLS® Number: 73563442