
23 Hathaway Rd Lexington — Photo 1 of 39
$1,798,000
Investment Analysis — 23 Hathaway Rd
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 1.36% cap rate and $24,539/yr in estimated NOI at the $1,798,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,082
Style
Single Family
Built
1959
Welcome to 23 Hathaway, a charming and timeless contemporary colonial abutting the idyllic Willard's Woods conservation land. The front entry leads to a spacious living room with a cozy wood fireplace and picturesque windows. The adjacent dining room offers the perfect setting for formal gatherings, while the eat-in kitchen - complete with granite countertops and abundant built-in storage and cabinetry - offers plenty of space for everyday meals and cooking prep. The main level offers a half bath and a home office featuring a built-in executive desk and a cedar closet, providing the flexibility to meet your work-from-home needs and/or conversion into a first-floor bedroom. The family room is the focal point of the home, complete with vaulted ceilings, airy skylights, stunning windows, abundant built-in shelves with a desk, and a second wood fireplace. From here, step onto the back deck where your private oasis awaits. Enjoy a landscaped backyard, fenced Gunite pool, and pool house with wooded views beyond and trail access just steps from the driveway. Upstairs, the spacious primary suite provides ample closet space and a private en-suite bath with two vanities. Three additional bedrooms and one and a half bathrooms offer additional flexibility for your home, work, or lifestyle needs. The lower level features generous storage space and a comfortable rec room with a third wood fireplace, where you can enjoy games, TV, and socializing with direct access to the pool area. Don't miss this tranquil home with unparalleled access to Lexington's best amenities!
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 3,082 sq ft principal dwelling). Lot size: 34,356 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
Water Heater • Range • Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Walk/Jog Trails • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24.75 x 13.333333333
Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture
Dining Room
Lvl First14.083333333 x 13.333333333
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl First21.583333333 x 12.5
Flooring - Hardwood, Dining Area, Kitchen Island, Recessed Lighting, Lighting - Pendant, Lighting - Overhead
Office
Lvl Main14.416666666 x 12.5
Closet - Cedar, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
Family Room
Lvl First24 x 19
Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Balcony / Deck, Recessed Lighting
Primary Bedroom
Lvl Second19.333333333 x 11.166666666
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Sconce, Lighting - Overhead
Bedroom 2
Lvl Second14.083333333 x 13.333333333
Bedroom 3
Lvl Second14.083333333 x 11.166666666
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl Second14.416666666 x 9.833333333
Bathroom - Half, Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First5.166666666 x 4.666666666
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl Second8.5 x 4.833333333
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 3
Lvl Second4.416666666 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: The Debbie Spencer Group
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73577874