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55-B Hancock St Lexington — Photo 1 of 27

55-B Hancock St Lexington — Photo 1 of 27

Recent Drop: $250,000

$2,750,000
$2,500,000

$2,500,000

Investment Analysis — 55-B Hancock St

Lexington, MA 02420 — Meriam Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02420 carries an estimated $4,830/mo in gross rent — about a 0.51% cap rate and $12,857/yr in estimated NOI at the $2,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

5

SqFt

6,940

Style

Single Family

Built

1995

Elegant Victorian-inspired Colonial built by the renowned Windemere Group, offering three finished levels of beautifully updated living space. A dramatic two-story foyer with travertine marble flooring and twin coat closets welcomes you into this meticulously maintained home. Rich hardwood floors with cherry inlay, custom window treatments, and exceptional craftsmanship are showcased throughout.The sun-filled living and dining rooms feature striking walk-in bay windows, while raised panel detailing adds timeless character to the dining room. The spacious kitchen is appointed with granite countertops, a center island, dining area, and newer appliances, opening seamlessly to the impressive great room with vaulted ceiling, skylights, and plantation shutters. A mudroom with laundry and an additional half bath provide everyday convenience.The second floor features a luxurious primary suite with private bath and direct access to a charming library overlooking the great room below. Three additional bedrooms and two full baths complete this level. The third floor offers exceptional flexibility with two additional bedrooms, a full bath, and a sitting room—ideal for guests, home offices, au pair, or multi-generational living. Step outside to a spectacular private garden retreat accessed from the kitchen and great room. Thoughtfully designed perennial gardens, mature landscaping, winding walkways, stone walls, and lighted pillars create a serene setting for entertaining, relaxing, and enjoying outdoor living throughout the seasons. The fenced yard provides a secure space for children and pets. Recent improvements include exterior painting (2022), new fencing (2022), newly planted trees (2022), a structurally enhanced driveway with paver accents, and new central air conditioning (2024). An attached two-car garage and full unfinished lower level offer abundant storage and future expansion potential. Combining timeless architecture, thoughtful updates, stunning gardens, and versatile living space, this exceptional home is a rare offering for the discerning buyer. All this plus nearby to minuteman bikeway, multiple schools, historic Lexington Center (less than 1 mile!) and so much more!!

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 6,940 sq ft principal dwelling). Lot size: 15,556 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.

Open Houses

Property Details

Financials

Original Price$2,750,000
Annual Taxes$31,193

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces2
FlooringHardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
BasementFull, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRS

Property & Lot

Acres0.36
SqFt Lot15,556
Lot FeaturesCorner Lot, Gentle Sloping

Amenities & Appliances

Gas Water Heater

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 5
Second
OfficePrimary BedroomBedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1Bathroom 2
Living Room
Lvl First

13.166666666 x 31.333333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding

Dining Room
Lvl First

13.166666666 x 20

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Wainscoting, Crown Molding

Kitchen
Lvl First

22.583333333 x 32

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island

Office
Lvl Second

15.25 x 11.583333333

Closet, Flooring - Hardwood

Family Room
Lvl First

23 x 18

Skylight, Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony - Interior, Exterior Access

Primary Bedroom
Lvl Second

23 x 15.666666666

Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box

Bedroom 3
Lvl Second

13.333333333 x 12

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

13 x 12

Closet, Flooring - Wall to Wall Carpet

Bedroom 5
Lvl Third

16.166666666 x 13.833333333

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

4 x 7.666666666

Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink

Bathroom 2
Lvl First

9 x 7.25

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

12.416666666 x 10.333333333

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Bathroom - With Shower Stall, Closet - Linen

Property History

Price Drop
$2,500,000

Was $2,750,000

Sep 29, 2026

MLS® 73563101

Listed
$2,750,000

Aug 13, 2026

MLS® 73563101

Listing Provided By

Listing Agent: Suzanne Winchester Miller

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73563101