Active
28 Days on market
19 Richard Road Lexington — Photo 1 of 1

19 Richard Road Lexington — Photo 1 of 1

$3,999,000

Investment Analysis — 19 Richard Road

Lexington, MA 02421 — Follen Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a -1.23% cap rate and $-49,292/yr in estimated NOI at the $3,999,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

6.5

SqFt

5,620

Style

Single Family

Built

2027

A rare diamond in a perfect setting. Totally NEW CONSTRUCTION in highly requested Follen Hill neighborhood. While the thoughtful design and impeccable craftsmanship are evident throughout the home and landscaping, the striking clean lines blend timeless character with contemporary comfort. Your first steps are into the grand 2-story foyer. The WOW factor begins! What could be more valuable to a home than the excellent addition of an INTERIOR ELEVATOR gliding from the lower level to the first and second floors. There are 10-ft ceilings throughout the first floor and stunning windows. With an additional spectacular walk-in pantry, the 25 -ft open concept kitchen flows into a take-your-breath-away 25-ft fireplaced family room—a perfect arrangement for great entertaining events. A welcoming porch, stunning deck, and stepdown patio offer outdoor joys. A much-requested elegant first floor guest bedroom suite could also be a study/office. Magnificent is the word for the prime bedroom with oversized dressing room and stunning bathroom accoutrements. There are 3 other ensuite bedrooms on this level as well as a full laundry room. The walk-out lower level hosts the 6th bedroom, full bath, and recreation space. Completing the well-planned layout is an attached 3-car tandem garage. There is still time to choose some finishing selections. Your search for perfection in style, function, and comfort is over.

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 5,620 sq ft principal dwelling). Lot size: 14,255 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$3,880,000
Annual Taxes$99,999

Parking

Garage3
Off-Street5

Interior Specifications

Total Rooms12
Fireplaces1
FlooringWood, Tile
BasementNone

Climate & Utilities

HeatingCentral, Electric
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRS

Property & Lot

Acres0.33
SqFt Lot14,255
Lot FeaturesGentle Sloping

Amenities & Appliances

Electric Water Heater • Dishwasher • Disposal • Microwave

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBedroom 5Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bedroom 5
Lvl First
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second

Property History

Price Increase
$3,999,000

Was $3,880,000

Aug 28, 2026

MLS® 73564446

Listed
$3,880,000

Aug 17, 2026

MLS® 73564446

Listing Provided By

Listing Agent: Judith Alexander

Listing Office: Barrett Sotheby's International Realty

MLS® Number: 73564446