292 Waltham St Lexington — Photo 1 of 1
$3,200,000
Investment Analysis — 292 Waltham St
Lexington, MA 02421
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 0.38% cap rate and $12,307/yr in estimated NOI at the $3,200,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
6,796
Style
Single Family
Built
2026
Under construction - Beautiful new Colonial from renowned Lexington builder. This 6 bed / 5.5 bath luxury home offers expansive spaces on a private & wooded 1.67 Acre lot overlooking conservation land. Entertaining & daily routines are a joy in your chef's kitchen with luxury appliances and oversized island. The adjacent breakfast nook features a vaulted ceiling & skylights. Large & open living room with 12' slider accessing your deck & private back yard. Butler's pantry, formal dining room, en-suite bedroom, mudroom & powder room round out the first floor. 4 bedrooms, 3 full baths, laundry, & dedicated office comprise the second level. Primary suite with adjoining spa bath with soaking tub & double vanity & custom walk-in closet. The walk-out basement offers 9' ceilings, cinema, wet bar, additional bedroom, full bath & massive family room. 2 car heated garage ready for EV charging. Amazing location close to schools, shops, restaurants, & major routes - only a 1/4 mile to LHS.
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 6,796 sq ft principal dwelling). Lot size: 72,542 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
Electric Water Heater • Disposal • Microwave • Freezer • ENERGY STAR Qualified Refrigerator • Wine Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Cooktop • Oven • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Balcony / Deck, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider
Dining Room
Lvl Main,FirstCoffered Ceiling(s), Flooring - Hardwood, Wet Bar, Chair Rail, Open Floorplan, Recessed Lighting
Kitchen
Lvl FirstSkylight, Flooring - Hardwood, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Wine Chiller, Crown Molding
Family Room
Lvl BasementBathroom - Full, Closet, Flooring - Vinyl, Wet Bar, Exterior Access, Recessed Lighting, Slider
Primary Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Hot Tub / Spa, Double Vanity, Recessed Lighting
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting
Bedroom 5
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Closet, Double Vanity, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Bathroom 2
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Hot Tub / Spa, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting
Listing Agent: Northeast Venture Group
Listing Office: Golden Cross Brands Inc.
MLS® Number: 73545133
