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5 Gould Rd Lexington — Photo 1 of 26

5 Gould Rd Lexington — Photo 1 of 26

$1,680,000

Investment Analysis — 5 Gould Rd

Lexington, MA 02420 — Turning Mill

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 1.68% cap rate and $28,207/yr in estimated NOI at the $1,680,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

1,900

Style

Single Family

Built

1958

Recently renovated Midcentury-Modern Peacock Farm-style home designed by pioneering modernist architect Walter Pierce in the coveted Turning Mill neighborhood, close to Estabrook School. Move right in and enjoy summer at the Paint Rock neighborhood swimming pool (optional)! The open floor plan is filled with natural light from walls of windows; the indoor-outdoor relationship that's a hallmark of the design; and soaring ceilings provide a pleasing sense of volume. Mini-split AC/heat pumps, Buderus boiler, HTP hot water tank, and stainless oil tank. The circa-2016 roof added two more inches of insulation. A Garapa Brazilian hardwood deck overlooks the fabulous backyard with a lawn and wooded privacy. The fresh interior finishes update the original midcentury-modern plan. The post-and-beam construction has few (if any) load-bearing walls, for maximum flexibility for future modifications. Here's your opportunity to get into a turnkey home, super close to Estabrook Elementary School, Burlington and Bedford shopping areas, and commuter routes.

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 1,900 sq ft principal dwelling). Lot size: 30,871 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$1,680,000
Annual Taxes$15,843

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces1
Flooring--
BasementCrawl Space

Climate & Utilities

HeatingBaseboard, Oil
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionPost & Beam
RoofRubber
FoundationConcrete Perimeter
ZoningRO

Property & Lot

Acres0.71
SqFt Lot30,871
Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Pool • Walk/Jog Trails • Conservation Area • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Second
Kitchen
First
Family RoomBedroom 4Bathroom 3
Main,Second
Living RoomDining Room
Living Room
Lvl Main,Second

16 x 15

Cathedral Ceiling(s), Flooring - Laminate, Deck - Exterior, Exterior Access, Open Floorplan

Dining Room
Lvl Main,Second

10 x 10

Cathedral Ceiling(s), Flooring - Laminate, Open Floorplan

Kitchen
Lvl Second

13 x 10

Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Open Floorplan

Family Room
Lvl First

19 x 16

Flooring - Laminate

Primary Bedroom
Lvl Third

14 x 11

Bathroom - Half, Cathedral Ceiling(s), Flooring - Laminate

Bedroom 2
Lvl Third

14 x 11

Bedroom 3
Lvl Third

10 x 9

Cathedral Ceiling(s), Flooring - Laminate

Bedroom 4
Lvl First

11 x 9

Flooring - Laminate

Bathroom 1
Lvl Third

Bathroom - Full

Bathroom 2
Lvl Third

Bathroom - Half

Bathroom 3
Lvl First

Bathroom - Full

Property History

Listed
$1,680,000

Sep 23, 2026

MLS® 73581318

Expired
$1,749,000

Jun 30, 2026

MLS® 73506012

Listed
$1,749,000

Apr 22, 2026

MLS® 73506012

Listing Provided By

Listing Agent: The Janovitztse Team

Listing Office: Compass

MLS® Number: 73581318