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2 Manor Terrace #216 Lexington — Photo 1 of 32

2 Manor Terrace #216 Lexington — Photo 1 of 32

$825,000

Investment Analysis — 2 Manor Terrace #216

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 2.34% cap rate and $19,300/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,246

Style

Condominium

Built

2017

Prime and Rarely offered 2017 built 2 Bedroom, 2 Bath Condominium. Enter the unit to a beautifully designed kitchen with stainless Steel appliances. Fisher & Paykel double dishwashers, induction range and granite counter top equipped with extra sitting. Cozy dining area leads to a large living room. Hardwood floor throughout. Private balcony off Living room gives you serene outdoor sitting space looking down quiet green area. Master Bedroom with walk-in closet and full bath with double sink. Second bedroom is located next to second bathroom. Full size Washer & Dryer in unit. One Underground Garage parking space and ONE outdoor space. Amenities include a clubhouse with kitchen, dining area and bathroom on the main level and fitted out gym on the second level. Don't miss out on the chance to own a comfortable residence in Lexington. Conveniently located to restaurants, shoppings and major highway.

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 MLS and other third-party data may be inaccurate or out of date.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$825,000
Annual Taxes$9,368
HOA Fee$385

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRD5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

24 x 13.5

Closet, Flooring - Hardwood, Balcony / Deck

Dining Room
Lvl First
Kitchen
Lvl First

9.5 x 7

Flooring - Hardwood

Primary Bedroom
Lvl First

16 x 12.5

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl First

16 x 10.5

Bathroom 1
Lvl First

8.5 x 7.7

Bathroom - Tiled With Shower Stall, Closet - Linen

Bathroom 2
Lvl First

10 x 8.5

Bathroom - With Tub & Shower, Closet - Linen

Listing Provided By

Listing Agent: H. Elaine Song

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73583197