
5 Lee Ave Burlington — Photo 1 of 36
$999,900
Investment Analysis — 5 Lee Ave
Burlington, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01803 carries an estimated $4,580/mo in gross rent — about a 3.38% cap rate and $33,847/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,804
Style
Single Family
Built
1987
Welcome to 5 Lee Avenue, a contemporary split-entry home tucked away on a peaceful cul-de-sac in one of Burlington’s established residential neighborhoods. Set on a generous half-acre lot, this spacious home offers a rare combination of privacy, flexibility, and convenience.Featuring five bedrooms and three full bathrooms, the versatile floor plan provides plenty of space for everyday living, entertaining, and hosting family and friends. One of the five bedrooms is ideally suited for use as a dedicated home office, offering an excellent work-from-home option while maintaining four additional bedrooms for family and guests. A two-car garage provides convenient parking and additional storage.The half-acre lot offers ample outdoor space and a sense of privacy that is increasingly hard to find in Burlington. The quiet cul-de-sac setting provides a welcoming neighborhood atmosphere with limited through traffic.The location is equally appealing, with convenient access to Burlington’s extensive shopping, restaurants, recreation, medical facilities, major employment centers, and transportation options. Fox Hill Elementary School is just a short distance away, while Burlington’s parks, recreation facilities, and community amenities are all close by.
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 2,804 sq ft principal dwelling). Lot size: 22,673 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
Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,SecondFlooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,SecondFlooring - Wall to Wall Carpet, Slider, Lighting - Pendant
Kitchen
Lvl Main,SecondCeiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Recessed Lighting, Stainless Steel Appliances, Washer Hookup, Peninsula
Office
Lvl BasementCloset, Flooring - Wall to Wall Carpet
Family Room
Lvl FirstBeamed Ceilings, Flooring - Wall to Wall Carpet, Exterior Access
Primary Bedroom
Lvl Main,SecondBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 4
Lvl BasementCloset, Flooring - Wall to Wall Carpet
Bathroom 2
Lvl SecondBathroom - Tiled With Tub, Skylight, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl BasementBathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: The Serrano Team
Listing Office: Leading Edge Real Estate
MLS® Number: 73584712








