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4 Mead Circle Lexington — Photo 1 of 30

4 Mead Circle Lexington — Photo 1 of 30

$1,398,000

Investment Analysis — 4 Mead Circle

Lexington, MA 02420

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02420 carries an estimated $4,830/mo in gross rent — about a 1.85% cap rate and $25,868/yr in estimated NOI at the $1,398,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

3,500

Style

Single Family

Built

1989

A Classic Colonial Ready for Its Next Chapter: Welcome to a Colonial that has been home to the same family for nearly 30 years and is now ready to welcome its next chapter. Set far back from the street, this 4-bedroom, 2.5 bath home is one of only four properties on a cul-de-sac, offering the kind of privacy and sense of place that's increasingly hard to find. The oversized front yard presents a wonderful blank canvas. Envision mature plantings, a stone walkway, or thoughtfully layered gardens that transforms your arrival home. Step inside to find a layout built for both everyday living and entertaining. The living and dining rooms are generously sized. The primary suite is equally spacious, offering a true retreat at the end of the day. A bright, oversized great room set above the two-car garage provides an abundance of additional space, perfect as a media room, home office, playroom, or second family gathering space. The lower level offers a game room that opens into a playroom, creating wonderful flow for family living and giving kids and adults alike room to spread. Much of the first and second floor has been freshly painted, and new carpet has been installed, giving the interior a clean, welcoming, move-in-ready feel. Buyers can take comfort in a 2026 water heater, a 2024 furnace, and a first-floor A/C compressor that is only a few years old. The kitchen and bathrooms are clean and original. They offer a genuine opportunity to design these spaces exactly to your own taste and vision, whether that means a full renovation or a thoughtful refresh over time. This is a home with real upside built in, priced to reflect the abundance of value that awaits the right buyer ready to bring their own personalized touch. Ideally located within the excellent Lexington public school system and offering easy access to major routes, town amenities, and everything this desirable community has to offer, 4 Mead Circle represents a rare and genuine opportunity: a well-loved home with a flexible, spacious layout, meaningful systems updates already in place, and room to create lasting value — all on a private cul-de-sac setting.

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 3,500 sq ft principal dwelling). Lot size: 16,552 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$1,398,000
Annual Taxes$18,182

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces1
FlooringWood, Tile, Carpet
BasementFinished, Partially Finished, Interior Entry, Bulkhead, Radon Remediation System

Climate & Utilities

HeatingCentral, Heat Pump, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.38
SqFt Lot16,552
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2
First
Living RoomDining RoomKitchenBathroom 3
Basement
Family Room
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile

Family Room
Lvl Basement

Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl Second
Bathroom 2
Lvl Second
Bathroom 3
Lvl First
Listing Provided By

Listing Agent: Reid Zurlo

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73579380