24 Grapevine Ave Lexington — Photo 1 of 24
$1,025,000
Investment Analysis — 24 Grapevine Ave
Lexington, MA 02421
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02421 carries an estimated $5,040/mo in gross rent — about a 3.30% cap rate and $33,803/yr in estimated NOI at the $1,025,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,418
Style
Single Family
Built
1963
Location, location, location!Ideally located in a peaceful Lexington neighborhood, this move-in-ready ranch is just minutes from Lexington Center and conveniently close to Bridge Elementary, Clarke Middle School, and Lexington High School.The sun-filled interior features hardwood floors, a spacious living room with fireplace, and an updated kitchen with direct access to a private deck overlooking an expansive backyard and serene natural setting. Three comfortable bedrooms on the main level make single-level living easy, while the partially finished lower level provides valuable additional living space and future potential. With parks, schools, shopping, dining, and major commuting routes all nearby, this home offers a wonderful combination of space, privacy, and convenience.
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: 709 sq ft (the lesser of 900 sq ft or half the 1,418 sq ft principal dwelling). Lot size: 31,306 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 MLS and other third-party data may be inaccurate or out of date.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
Gas Water Heater • Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 14
Flooring - Hardwood
Dining Room
Lvl First11 x 10
Flooring - Hardwood
Kitchen
Lvl First11 x 10
Flooring - Vinyl, Balcony - Exterior, Open Floorplan
Primary Bedroom
Lvl First12 x 11
Bathroom - Half, Closet, Flooring - Hardwood
Bedroom 2
Lvl First14 x 10
Bedroom 3
Lvl First10 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl FirstBathroom - Half
Property History
$1,025,000
Sep 22, 2026
MLS® 73580724
$3,800
Mar 31, 2026
MLS® 73472611
$3,800
Feb 28, 2026
MLS® 73463597
$3,800
Jan 29, 2026
MLS® 73472611
$3,800
Dec 23, 2025
MLS® 73463597
Listing Agent: Yangyang Zhou
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73580724