
310 Concord Ave Lexington — Photo 1 of 36
$1,098,000
Investment Analysis — 310 Concord 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 3.04% cap rate and $33,347/yr in estimated NOI at the $1,098,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,140
Style
Single Family
Built
1950
Welcome to this sun-filled Colonial, offering a wonderful blend of comfort, versatility, and seamless indoor-outdoor living. The inviting first floor features a flexible layout with a fireplaced living room, dining room, well-appointed kitchen, powder room, laundry and spacious family room with exterior access to the deck, which overlooks the expansive, level backyard and peaceful Conservation land beyond. Upstairs, three bedrooms share a full bath. The finished lower level provides exceptional additional living space, including a generous playroom, full bath, mudroom area and a large private office with french leading directly to the patio and back yard. The beautifully landscaped, private grounds abut Conservation land, creating a serene setting to enjoy nature, outdoor gatherings, and everyday living. Ideally located with easy access to Lexington’s highly regarded schools, Route 2, shopping, dining, recreation, and area amenities, this move-in-ready home offers a wonderful opportunity to enjoy all that Lexington has to offer.
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 2,140 sq ft principal dwelling). Lot size: 12,500 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 14
Flooring - Hardwood
Dining Room
Lvl First11 x 10
Flooring - Hardwood
Kitchen
Lvl First15 x 19
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting
Office
Lvl Basement16 x 14
Flooring - Hardwood, French Doors, Recessed Lighting
Family Room
Lvl First17 x 14
Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting
Primary Bedroom
Lvl Second14 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second12 x 11
Bedroom 3
Lvl Second9 x 9
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl BasementBathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$1,098,000
Sep 16, 2026
MLS® 73578155
$1,198,000
Aug 22, 2026
MLS® 73542102
$1,198,000
Jun 25, 2026
MLS® 73542102
Listing Agent: Martha Sevigny
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73578155