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23 Hathaway Rd Lexington — Photo 1 of 39

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.

View Standard Listing

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

Original Price$1,798,000
Annual Taxes$19,511

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces3
FlooringTile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingBaseboard, Oil, Fireplace
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.79
SqFt Lot34,356
Lot FeaturesWooded

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

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

24.75 x 13.333333333

Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture

Dining Room
Lvl First

14.083333333 x 13.333333333

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

21.583333333 x 12.5

Flooring - Hardwood, Dining Area, Kitchen Island, Recessed Lighting, Lighting - Pendant, Lighting - Overhead

Office
Lvl Main

14.416666666 x 12.5

Closet - Cedar, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead

Family Room
Lvl First

24 x 19

Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Balcony / Deck, Recessed Lighting

Primary Bedroom
Lvl Second

19.333333333 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 Second

14.083333333 x 13.333333333

Bedroom 3
Lvl Second

14.083333333 x 11.166666666

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Second

14.416666666 x 9.833333333

Bathroom - Half, Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

5.166666666 x 4.666666666

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 2
Lvl Second

8.5 x 4.833333333

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 3
Lvl Second

4.416666666 x 4

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: The Debbie Spencer Group

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73577874