
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood, Open Floorplan
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl BasementFlooring - Wall to Wall Carpet
Primary Bedroom
Lvl SecondBathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl SecondBathroom 2
Lvl SecondBathroom 3
Lvl FirstListing Agent: Reid Zurlo
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73579380

