320 Concord Avenue Lexington — Photo 1 of 37
Recent Drop: $100,000
$3,495,000
Investment Analysis — 320 Concord Avenue
Lexington, MA 02421
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 1.16% cap rate and $40,708/yr in estimated NOI at the $3,495,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
5,856
Style
Single Family
Built
2026
Do not miss this STUNNING new home. Certificate of Occupancy in-hand! Spectacular new construction overlooking serene conservation land. Custom built by master craftsman with classic New England architecture & striking curb appeal. Grand Foyer with wainscoted stairwell & designer-selected finishes sets the tone. Dramatic 19’ wall of glass anchors the home, framing four-season views, overlooked by an interior balcony. Gorgeous Dining Room & Great Room with fireplace, built-ins, & 16’ glass sliders to Deck. Chef’s Kitchen boasts dark cherry island, crystal chandelier, top-tier appliances, & two pantries. Spacious First Floor Guest or Office Suite. Primary retreat with vaulted ceiling, fireplace, built-ins; spa-like Bath with soaking tub & walk-in closet. 3 additional Bedrooms with two luxe Baths. Walk-out Lower Level features “Secret Room” behind a bookcase; Mudroom, full Bath, and expansive Rec Room with glass sliders. Lush lawn & curated plantings outside, abutting miles of conservation for lasting privacy & scenery. Minutes to Rt 2 & downtown. Move right in!
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 5,856 sq ft principal dwelling). Lot size: 12,500 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 • Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Wine Refrigerator • Vacuum System • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl First18 x 13
Flooring - Hardwood, Chair Rail, Recessed Lighting, Wainscoting, Crown Molding
Kitchen
Lvl Main,First32 x 18
Coffered Ceiling(s), Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture, Dining Area, Balcony - Interior, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Storage, Wine Chiller, Lighting - Overhead, Crown Molding, Tray Ceiling(s)
Family Room
Lvl Main,First22 x 20
Coffered Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Wet Bar, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Crown Molding
Primary Bedroom
Lvl Second19 x 17
Bathroom - Full, Bathroom - Double Vanity/Sink, Beamed Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Bedroom 2
Lvl Second16 x 14
Bedroom 3
Lvl Second18 x 13
Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting, Crown Molding, Vestibule, Closet - Double, Tray Ceiling(s)
Bedroom 4
Lvl Second18 x 13
Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting, Crown Molding, Vestibule, Closet - Double, Tray Ceiling(s)
Bedroom 5
Lvl First18 x 14
Bathroom - Full, Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding, Vestibule
Bathroom 1
Lvl Second16 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Crown Molding, Soaking Tub
Bathroom 2
Lvl Second14 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 3
Lvl Second10 x 6
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Property History
$3,495,000
Was $3,595,000
Aug 14, 2026
MLS® 73499853
$3,595,000
Apr 10, 2026
MLS® 73499853
Listing Agent: Elizabeth P. Crampton
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73499853
