
5 Cornerstone Way Lexington — Photo 1 of 42
$2,849,900
Investment Analysis — 5 Cornerstone Way
Lexington, MA 02420 — Lexington Center
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02420 carries an estimated $4,830/mo in gross rent — about a 0.26% cap rate and $7,378/yr in estimated NOI at the $2,849,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
5,835
Style
Single Family
Built
1837
Just 6/10th's of mile from Lexington, Center, the location of 5 Cornerstone Way is truly amazing. Situated on a super quiet side street, the property is over 1.1 acres in size and abuts a huge amount of conservation land. This magnificent single-family home spans 5,835 square feet, offering a luxurious living experience within its meticulously maintained & beautifully designed spaces, crafted with top-tier materials. With 6 spacious bedrooms & 5 full bathrooms, alongside an additional half bathroom, this home provides ample accommodation & comfort for multi generational living. With a 1st floor suite, perfect for visiting relatives, that has its own exterior entrance to one of the exquisite outdoor decks (with a direct gas line for the outdoor barbecue), overlooking a truly beautiful forest canopy that will erupt with color in the fall. The chef like kitchen is equipped with Subzero & Wolf appliances, including a double Wolf Range, & not only are there substantial amounts of cabinets, there is also a huge walk-in pantry with many many shelves. The kitchen opens into one of the largest family rooms you will ever find, with a vaulted ceiling that opens two stories high and has an exposed fieldstone fireplace that is the focal point of this room, rising from the floor all the way to the peak of the ceiling. The 1st floor is completed with a fireplace foyer, a living room (with a stained-glass window from the houses past), a large formal dining room & a separate foyer/hallway that has its own separate side entrance to the house. The 600 sf primary suite with a spa like bathroom on the second level is a space you will never want to leave. The rest of the upper levels have 4 bedrooms, 4 bathrooms, & an entire floor that could serve as an au pair suite (with its own bedroom, home office, bathroom and sitting room, that has a simply incredibly private roof deck overlooking the luscious landscaped backyard). The lower level has a mudroom that can accommodate more shoes & coats than any family would ever want, & there is a full bathroom off of the mudroom. This floor is completed with a separate home gym space & a media room (that the owner is gifting the TV and wine refrigerator to). A two-car garage (with multiple large storage closets) has two french doors that exit on the side leading to a huge bluestone patio. This is not a drive by, please come visit and potentially make this your next home.
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 5,835 sq ft principal dwelling). Lot size: 47,859 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator • Vacuum System • Range Hood • Wine Cooler • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14.8 x 13.5
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Crown Molding
Dining Room
Lvl Main,First14 x 12.3
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Overhead, Beadboard, Crown Molding
Kitchen
Lvl Main,First26.3 x 13
Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Pot Filler Faucet, Storage, Peninsula, Lighting - Pendant, Tray Ceiling(s), Window Seat
Office
Lvl Third15.6 x 11.2
Flooring - Wall to Wall Carpet, Lighting - Overhead
Family Room
Lvl Main,First25 x 21.3
Vaulted Ceiling(s), Closet, Flooring - Hardwood, Window(s) - Picture, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Sconce, Lighting - Pendant
Primary Bedroom
Lvl Second15.8 x 13.2
Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Crown Molding
Bedroom 2
Lvl Main,First19.6 x 12
Bedroom 3
Lvl Second19.6 x 12.6
Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting, Crown Molding
Bedroom 4
Lvl Second12.2 x 10.2
Flooring - Hardwood, Lighting - Overhead, Crown Molding
Bedroom 5
Lvl Second12.2 x 12
Flooring - Hardwood, Lighting - Overhead, Crown Molding
Bathroom 1
Lvl Main,First9 x 8.8
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce, Crown Molding
Bathroom 2
Lvl Second20.3 x 12.2
Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Countertops - Stone/Granite/Solid, Bidet, Cabinets - Upgraded, Recessed Lighting, Lighting - Pendant, Decorative Molding, Soaking Tub
Bathroom 3
Lvl Second8.9 x 7.9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting, Lighting - Sconce
Listing Agent: Robert Cohen
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73577207