109 Grove St Lexington — Photo 1 of 35
Recent Drop: $66,000
$1,559,000
Investment Analysis — 109 Grove St
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 1.32% cap rate and $20,636/yr in estimated NOI at the $1,559,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,418
Style
Single Family
Built
1900
Welcome to this beautifully renovated and expanded Farmhouse Colonial, located near Estabrook School. This property blends timeless charm with modern updates, including seven sun-filled and thoughtfully designed rooms. The inviting first floor showcases formal living and dining rooms, an open concept kitchen with granite island and stainless appliances. Just off this is an oversized family room with fireplace. The main level also features a mudroom, first-floor laundry and powder room. The second floor offers 3 bedrooms and 2 full baths, highlighted by a spacious en-suite primary with cathedral ceilings and walk-in closet. The oversized lot offers a wonderful outdoor retreat, with a beautiful bluestone patio- perfect for relaxing or entertaining. The unfinished third floor offers expansion potential for a possible home office or 4th bedroom. With its charming farmhouse details, modern updates, generous yard, and convenient proximity to schools, this is an amazing place to call home!
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 2,418 sq ft principal dwelling). Lot size: 31,742 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater
Neighborhood
Walk/Jog Trails • Conservation Area • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 12
Flooring - Hardwood
Dining Room
Lvl First15 x 12
Flooring - Hardwood, Chair Rail
Kitchen
Lvl First20 x 14
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting
Family Room
Lvl First24 x 14
Flooring - Hardwood, Recessed Lighting, Crown Molding
Primary Bedroom
Lvl Second20 x 14
Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl Second15 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 5
Bathroom - Half, Flooring - Marble, Countertops - Stone/Granite/Solid, Pocket Door
Bathroom 2
Lvl Second11 x 11
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Beadboard, Soaking Tub
Bathroom 3
Lvl Second10 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Property History
$1,559,000
Was $1,625,000
Jul 24, 2026
MLS® 73546197
$1,625,000
Jul 8, 2026
MLS® 73546197
Listing Agent: Martha Sevigny
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73546197
