
4 Augustus Rd Lexington — Photo 1 of 36
Recent Drop: $150,000
$2,449,000
Investment Analysis — 4 Augustus Rd
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 0.92% cap rate and $22,541/yr in estimated NOI at the $2,449,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4.5
SqFt
4,288
Style
Single Family
Built
2017
Tucked away on a quiet street in the sought-after Reed Street neighborhood, this younger, beautifully designed home delivers the style, space, and layout today’s buyers are searching for. Let’s go to the wow - the outdoor fireplace and patio create the perfect setting for entertaining or quiet evenings at home. The third floor offers exceptional flexibility with a private bedroom, full bath, and living area - ideal for guests, teens, or an au pair. Upstairs on the second level, you’ll find four generously sized bedrooms, including a stunning primary suite with a custom closet and spa-like bath, plus an en-suite bedroom for added convenience. The heart of the home is the kitchen, featuring an oversized island, breakfast area, and seamless connection to the family room with a sleek gas fireplace. A spacious mudroom keeps everyday life organized, while the unfinished lower level offers room to expand. Move right in and enjoy modern living done right.
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 4,288 sq ft principal dwelling). Lot size: 12,240 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer • Wine Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18 x 13
Flooring - Hardwood
Dining Room
Lvl Main,First16 x 13
Flooring - Hardwood
Kitchen
Lvl Main,First15 x 14
Flooring - Hardwood, Kitchen Island
Family Room
Lvl Main,First25 x 14
Flooring - Hardwood
Primary Bedroom
Lvl Second18 x 17
Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second15 x 16
Bedroom 3
Lvl Second12 x 16
Flooring - Hardwood
Bedroom 4
Lvl Second22 x 11
Flooring - Hardwood
Bedroom 5
Lvl Third18 x 23
Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$2,449,000
Was $2,599,000
Sep 8, 2026
MLS® 73525042
$2,599,000
Was $2,699,000
Jun 20, 2026
MLS® 73525042
$2,699,000
May 27, 2026
MLS® 73525042
Listing Agent: Beth Sager Group
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73525042









