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7 Park St Lexington — Photo 1 of 33

7 Park St Lexington — Photo 1 of 33

Recent Drop: $50,000

$2,400,000
$2,350,000

$2,350,000

Investment Analysis — 7 Park St

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 1.08% cap rate and $25,452/yr in estimated NOI at the $2,350,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

4,169

Style

Single Family

Built

2014

Nestled at the end of a quiet street, this stunning 5-bedroom 4.5 bath contemporary Colonial offers an unparalleled lifestyle just steps from the Minuteman Bike Path. The heart of the home is a marble-clad chef’s kitchen featuring a premium gas range, walk-in pantry, and an expansive five-seat island that flows seamlessly into the sun-filled family room. Anchored by a cozy gas fireplace and custom built-ins, the living space is designed for effortless entertaining. Retreat to the cathedral-ceilinged primary suite, a private sanctuary boasting a massive walk-in closet and a spa-like marble bath with a freestanding soaking tub. With a finished third-floor executive suite and a lower-level media room, this home provides the versatility today’s buyers demand. Outside, enjoy a professionally landscaped, fenced oasis with a custom paver patio—perfect for summer soirées.

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 4,169 sq ft principal dwelling). Lot size: 11,936 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

Original Price$2,490,000
Annual Taxes$25,255

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms11
Fireplaces1
FlooringTile, Marble, Hardwood, Flooring - Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Conventional (2x4-2x6)
RoofAsphalt/Composition Shingles
FoundationConcrete Perimeter
ZoningRS

Property & Lot

Acres0.27
SqFt Lot11,936
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Disposal • Microwave

Geography

Floorplan Breakdown

Structural Layout

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

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances

Family Room
Lvl First

Flooring - Hardwood

Primary Bedroom
Lvl Second

Bathroom - Full, Skylight, Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bedroom 5
Lvl Third

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Property History

Price Drop
$2,350,000

Was $2,400,000

Sep 29, 2026

MLS® 73533861

Price Drop
$2,400,000

Was $2,490,000

Sep 14, 2026

MLS® 73533861

Listed
$2,490,000

Jun 10, 2026

MLS® 73533861

Listing Provided By

Listing Agent: Francesca Driscoll

Listing Office: Redfin Corp.

MLS® Number: 73533861