42
Map
$3,585,000
●
House -
In Contract
8 Porter Lane
Lexington, MA 02420
6 Beds
7 Baths,
2
Half Baths
8,719 Ft²
$21,452
Est. Monthly
About This Property
Privately set on a quiet cul-de-sac in Lexington's prestigious
Meriam Hill, this residence offers scale, privacy, and long-term
ownership care near Fiske & Diamond schools. Light-filled interiors
feature refined detail, a striking stone fireplace, and a chef's
kitchen with premium appliances opening to an inviting family room,
formal living room, and dining areas, plus a dedicated home office.
Upstairs features a spacious primary suite with dual baths and
closets, complemented by three additional bedrooms & flexible
living space, while the top floor offers a private suite &
office.The walkout lower level includes a theater, gym, recreation
space, & guest suite with kitchen. Recent updates include a
new roof (2024), deck (2024), multi-zone HVAC systems (2022–2026),
fencing (2022), Bosch dishwasher (2025), & Fisher dishwasher
(2021). Three-car garage and professionally landscaped grounds with
mature plantings and outdoor space ideal for relaxation and
entertaining complete this offering
Unit Size
8,719 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$411
Property Type
House
Property Taxes
$3,848
HOA Dues
-
Year Built
2000
Listed By
Keystone Homes Group
Keller Williams Realty Boston Northwest
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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: 29 days ago (MLSPIN #73499622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Price Decreased |
$3,585,000
↓ $300K
(7.7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Keller Williams Realty Boston Northwest | $3,885,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| Aug 15, 2016 | Sold | ||
| Sold | |||
| Feb 2, 2016 | Listed by Keller Williams Realty Boston Northwest | $2,470,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Off Street, Paved
Garage Spaces: 3
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 2
Full Bathrooms: 7
Interior Features: High Speed Internet, Walk-In Closet(s), Central Vacuum, Wet Bar, Wired for Sound, Cable Hookup, Closet, Bathroom - Full, Home Office, Exercise Room, Great Room, Media Room, Bedroom
Appliances: Gas Water Heater, Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood
Flooring Type: Tile, Carpet, Hardwood, Parquet, Flooring - Wall to Wall Carpet
Door Features: French Doors, Insulated Doors
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor
Rooms: 17
Has Fireplace
Fireplace Features: Family Room, Living Room, Master Bedroom
Fireplaces: 3
Basement: Full, Finished, Walk-Out Access
Exterior Details
Square Footage: 8719
Security Features: Security System
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 2000
Building Area Total: 8719
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Patio, Deck - Wood
Lot Features: Cul-De-Sac, Gentle Sloping, Level
Lot Size Area: 0.73
Lot Size Units: Acres
Lot Size Acres: 0.73
Lot Size Square Feet: 31742
Water Source: Public
Financial Details
Tax Map Number: 0063
Tax Assessed Value: $3,645,000
Tax Annual Amount: $46,179
Utilities Details
Cooling Type: Central Air
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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