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51 Gleason Rd Lexington — Photo 1 of 41

51 Gleason Rd Lexington — Photo 1 of 41

$1,275,000

Investment Analysis — 51 Gleason Rd

Lexington, MA 02420 — The Manor

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 2.21% cap rate and $28,232/yr in estimated NOI at the $1,275,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,565

Style

Single Family

Built

1940

Expanded Cape in the sought-after Manor neighborhood, thoughtfully enhanced by a 1975 addition that created a grand family room with gleaming hardwood floors, a rustic stone fireplace, and sliders opening to a screened porch overlooking the yard. The flexible first floor offers a fireplaced living room, possible fourth bedroom, office, den, and dining room with built-in china cabinet. Upstairs, the spacious primary suite features a cathedral ceiling, fireplace, bay window, sliders to a private deck, full bath, and walk-in closet. Two additional bedrooms with built-ins and a full bath complete the second floor. Freshly painted with gleaming hardwood floors throughout. Ideally located near Kineens' Park, conservation areas, Valleyfield tennis courts, the Minuteman Bikeway, and Burlington Mall, with convenient access to area amenities and major 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 2,565 sq ft principal dwelling). Lot size: 6,300 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

Original Price$1,275,000
Annual Taxes$15,818

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces3
FlooringWood, Tile, Hardwood, Flooring - Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingCentral, Baseboard, Hot Water, Steam, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRS

Property & Lot

Acres0.14
SqFt Lot6,300
Lot FeaturesWooded, Gentle Sloping

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Tennis Court(s) • Park • Bike Path • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomOfficeBathroom 1
Main,First
KitchenFamily Room
Unknown
Bedroom 4
Living Room
Lvl First

16.25 x 11.5

Flooring - Hardwood

Dining Room
Lvl First

11.333333333 x 9.583333333

Closet/Cabinets - Custom Built, Flooring - Hardwood

Kitchen
Lvl Main,First

11.333333333 x 9.25

Flooring - Hardwood, Flooring - Wood

Office
Lvl First

11.5 x 7.5

Flooring - Hardwood

Family Room
Lvl Main,First

27 x 15.166666666

Flooring - Hardwood, Exterior Access, Recessed Lighting, Lighting - Overhead

Primary Bedroom
Lvl Second

27 x 15.166666666

Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Recessed Lighting

Bedroom 2
Lvl Second

21.833333333 x 12

Bedroom 3
Lvl Second

21.833333333 x 12

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

Bedroom 4
Lvl null

13.333333333 x 11.333333333

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

Bathroom 1
Lvl First

7.5 x 5

Bathroom - Tiled With Tub & Shower

Bathroom 2
Lvl Second

7.916666666 x 5

Bathroom 3
Lvl Second

7.25 x 5.333333333

Listing Provided By

Listing Agent: Lester Savage

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73579131