37
Map
$3,495,000
↓ $100K (2.8%)
●
House -
For Sale
320 Concord Avenue
Lexington, MA 02421
5 Beds
5 Baths,
1
Half Bath
5,856 Ft²
$17,995
Est. Monthly
About This Property
STUNNING new construction with Certificate of Occupancy in-hand!
Spectacular new construction overlooking serene conservation land.
Custom built by master craftsman with classic New England
architecture & striking curb appeal. Grand Foyer with wainscoted
stairwell & designer-selected finishes sets the tone. Dramatic 19'
wall of glass anchors the home, framing four-season views,
overlooked by an interior balcony. Gorgeous Dining Room & Great
Room with fireplace, built-ins, & 16' glass sliders to Deck. Chef's
Kitchen boasts dark cherry island, crystal chandelier, top-tier
appliances, & two pantries. Spacious First Floor Guest or Office
Suite. Primary retreat with vaulted ceiling, fireplace, built-ins;
spa-like Bath with soaking tub & walk-in closet. 3 additional
Bedrooms with two luxe Baths. Walk-out Lower Level features "Secret
Room" behind a bookcase; Mudroom, full Bath, and expansive Rec Room
with glass sliders. Lush lawn & curated plantings outside, abutting
miles of conservation for lasting privacy & scenery. Minutes to Rt
2 & downtown. Move right in!
Unit Size
5,856 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$597
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
1949
Listed By
Elizabeth Crampton
Coldwell Banker Realty - Lexington
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 hours ago (MLSPIN #73499853)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$3,495,000
↓ $100K
(2.8%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Coldwell Banker Realty - Lexington | $3,595,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 7, 2024 | Listed by Armory Realty | $819,900 | |
| Listed by Armory Realty | |||
| | |||
|
HIGHEST & BEST OFFER DUE MONDAY, JULY 22 AT 5:30 P.M. Ideally located, close to Route 2 and Route 95/128, schools (1 mile to Jonas Clarke Middle School, 1/2 mile to Cotting School - Elementary, and 1/10 mile to Goddard School), shopping (2/3 mile to Star Market, 2 miles to Stop & Shop, and 1.5 miles to Wilson Farm). Property abuts conservation land. House needs a lot of TLC and updating, or rip it down and put up a new house. Property has 2 driveways (on both sides). Fireplace in living room. First floor has living room dining room, kitchen, bathroom, one bedroom, and large room that could be used as a family room. Second floor has a huge bedroom with plenty of closet space and storage. Sale includes PLANS FOR NEW HOUSE approximately 6400 gross sq ft; plans APPROVED BY CONSERVATION. Site plan and architectural plan, as well as Order of Conditions, are ATTACHED. Property being sold "as is". No warranties or representations by broker or owner.
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Storage, Off Street, Paved, Under, Insulated
Garage Spaces: 3
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Recessed Lighting, Ceiling Fan(s), Crown Molding, Central Vacuum, Wet Bar, Wired for Sound, Chair Rail, Wainscoting, Bathroom - Half, Lighting - Sconce, Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet/Cabinets - Custom Built, Slider, Loft, Bathroom, Mud Room, Game Room
Appliances: Electric Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Wine Refrigerator, Range Hood, Plumbed For Ice Maker, Vacuum System
Flooring Type: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Door Features: Insulated Doors
Laundry Features: Sink, Electric Dryer Hookup, Washer Hookup, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Recessed Lighting, Second Floor
Rooms: 12
Has Fireplace
Fireplace Features: Master Bedroom
Fireplaces: 2
Basement: Full, Finished, Walk-Out Access, Interior Entry, Garage Access, Radon Remediation System
Exterior Details
Square Footage: 5856
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Builder
Year Built: 2026
Building Area Total: 5856
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Composite
Lot Features: Wooded
Lot Size Area: 0.29
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Size Square Feet: 12500
Water Source: Public
Financial Details
Tax Assessed Value: $9,999
Tax Annual Amount: $9,999
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Central, Forced Air, Radiant
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017