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2 Pleasant St #2 Lexington — Photo 1 of 11

2 Pleasant St #2 Lexington — Photo 1 of 11

$3,000,000

Investment Analysis — 2 Pleasant St #2

Lexington, MA 02421

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 1.17% cap rate and $35,101/yr in estimated NOI at the $3,000,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,000

Style

Condominium

Built

1832

Lexington builder Matt Thenen and his team — known for exacting historic work as well as beautiful and functional spaces — have created another masterpiece!In a world of cost-cutting bland boxes, this new project stands as a tribute to a different approach, a better approach.Custom four-bedroom condo in Lexington. This is an historic house fully renovated and improved with new construction. One-level living, two-car garage with elevator, roof deck, high-end finishes throughout, and exceptional energy efficiency. Steps to Wilson Farm, parks, and the bike path; easy Route 2 access for commuters.Historic charm. Effortless living. Ready for your next chapter — or your first. Other than the first weekend of open houses; showings will be private and accompanied.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$3,000,000
Annual Taxes$12,605.5
HOA Fee$250

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces1
FlooringWood, Tile, Marble, Hardwood, Renewable/Sustainable Flooring Materials, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementN

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump, Individual, Unit Control, Passive Solar, ENERGY STAR Qualified Equipment, Air Source Heat Pumps (ASHP)
CoolingCentral Air, Heat Pump, Individual, Unit Control, ENERGY STAR Qualified Equipment, Air Source Heat Pumps (ASHP)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Post & Beam, Conventional (2x4-2x6)
RoofShingle, Rubber, Asphalt/Composition Shingles
Foundation--
ZoningRT

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Oven • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
OfficeBedroom 4
Second
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2Bathroom 3
Living Room
Lvl Second

18.1 x 18.4

Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Dining Room
Lvl Second

13.7 x 13.3

Closet, Flooring - Wood, Lighting - Pendant

Kitchen
Lvl Second

17.3 x 15.7

Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Lighting - Pendant

Office
Lvl Third

16.3 x 11.3

Flooring - Hardwood, Recessed Lighting

Primary Bedroom
Lvl Second

16.3 x 13.5

Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

13.7 x 13.3

Bedroom 3
Lvl Second

13.6 x 13.3

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Third

16.3 x 11.3

Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl Second

9.9 x 8.8

Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting

Bathroom 2
Lvl Second

9.2 x 7.11

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Overhead

Bathroom 3
Lvl Second

5 x 4

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Overhead

Property History

Listed
$3,000,000

Oct 1, 2026

MLS® 73585287

Listed
$3,000,000

Oct 1, 2026

MLS® 73585312

Listing Provided By

Listing Agent: Amie Pettengill

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73585287