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5 Days on market

18 Middle St Lexington — Photo 1 of 40

$1,150,000

Investment Analysis — 18 Middle St

Lexington, MA 02421

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02421 carries an estimated $5,040/mo in gross rent — about a 2.79% cap rate and $32,129/yr in estimated NOI at the $1,150,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,364

Style

Single Family

Built

1925

LOCATION, LOCATION, LOCATION!!! Don’t miss this beautifully maintained MOVE IN READY Lexington home, ideally situated on a quiet residential street close to the Bridge Elementary School, Lexington Reservoir, Lincoln Park. Set on an exceptionally spacious, level .37-acre lot,this inviting 3-bedroom, 2.5-bath home offers a wonderful combination of character, impressive architectural features, thoughtful updates, flexible living space. Step inside to a showstopping living room where soaring ceilings, oversized windows, abundant natural light create a dramatic sense of space and an unforgettable first impression. The living room flows seamlessly into the formal dining room, where glass doors open to a spacious 2-season sunroom overlooking the expansive, private backyard; a wonderful spot to relax, entertain or simply enjoy the peaceful setting. The renovated kitchen (2017) features quartz countertops, a tiled backsplash, updated cabinetry & appliances, along with plenty of space for everyday living. Upstairs, all 3 bedrooms feature closets with built-in shelving; an exceptional amount of storage along with 2 full baths, including a beautifully renovated (2026) second bath. The partially finished walk-out lower level adds even more versatility, offering space for a family/game room, home office, gym or playroom, plus laundry, a half bath additional storage. Outside, the deep, level backyard is a standout feature, offering wonderful privacy & plenty of room for play, gardening, entertaining or simply enjoying the outdoors. Numerous improvements add to the home’s comfort & functionality, including 6 Mitsubishi mini-splits (2018) providing both heating & cooling, whole-house water filtration (2018), radon mitigation, Honeywell TrueFRESH ventilation (2018), fresh interior paint (2026), new basement steps (2017), new windows (2017), 200-amp electrical service (2016). Enjoy a sought-after Lexington lifestyle with convenient access to schools and Hayden Recreation, parks, trails, and Lexington Center. A special opportunity to enjoy generous indoor & outdoor space in a wonderfully convenient 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 2,364 sq ft principal dwelling). Lot size: 15,936 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.