CCertihomes
118 Reed Street, Lexington, MA 02421

$3,279,000

6 beds 7 baths 5,717 sqft Built 20248 days on marketActive

About this home

Hello, beautiful home! This exquisite New Construction boasts impeccable design, materials and craftsmanship. Featuring oversized windows, high ceilings, and hardwood floors, the open flowing rooms are bathed in natural light. The two-story foyer leads to the living room, formal dining room, and a versatile office/bedroom with a walk-in closet and full bath. The stunning quartz-topped eat-in kitchen is equipped with high-end appliances including a Wolf gas range and wall oven. Gather in the family room area with its gas fireplace and bookshelf-lined walls. Upstairs, the oversized primary bedroom offers a fireplace, dressing room, and luxurious bath. Four additional bedrooms, three full baths, and laundry provide ample space. Outside, enjoy the generously sized level backyard with patio and fire pit, plus options for a pool, court, or gardens. Located near Estabrook, Diamond Middle School, bike paths, and shops, with easy access to major highways. The keys await you!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$101,928/mo

Real estate (PITI + HOA + PMI)
$102,594
Principal + interest$14,872
Property tax + insurance$86,492
PMI / 2nd mortgage$1,230
Utilities
$708
Heating + cooling$192
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$158
$101,928/mo TLC
Budget$102,428/mo
Remaining after TLC$500/mo
Purchase price
$3,279,000
Down payment
$163,950 (5%)
Loan amount
$3,115,050
APR
4%

Quick facts

Type
Single Family Residence
Style
Colonial
Year built
2024
Lot size
0.36 ac
Stories
0
Heating
Forced Air, Propane
Cooling
Central Air
Water
Public
HOA
Annual tax
$999,999
MLS #
73228059
County
Middlesex

At a glance

Air conditioning
Fireplace
Basement
Garage (3)
Dishwasher

Home features

Appliances
Electric Water HeaterWater HeaterRangeOvenDishwasherDisposalMicrowaveRefrigeratorWine RefrigeratorRange Hood
Interior
Bathroom - FullWalk-In Closet(s)Wet barBathroom - Tiled With Tub & ShowerBathroom - With Shower StallBedroomFoyerGame RoomBathroom
Exterior
PorchDeck - CompositePatioRain GuttersProfessional LandscapingSprinkler SystemDecorative LightingScreensGarden
Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityBike PathConservation AreaHighway AccessPublic School
Parking
AttachedPaved Drive
Fireplace
Family RoomMaster Bedroom
Kitchen
Flooring - HardwoodDining AreaBalcony / DeckPantryCountertops - Stone/Granite/SolidKitchen IslandOpen FloorplanRecessed LightingSliderStainless Steel AppliancesLighting - Pendant
Security
Security System
Flooring
Tile, Hardwood, Vinyl / VCT, Flooring - Hardwood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Schools

Elementary
Estabrook
Middle
Diamond
High
Lexington High

Neighborhood — 02421

MetricThis ZIPCountyUSA
Population13,2866,444,931299,088,112
Population Change Since19905.00%7.00%20.00%
Population Density1,368786
Male6,2923,127,134147,432,321
Female6,9943,317,797151,655,844
Never Married2,2051,612,88563,775,926
Married6,5982,586,314123,120,365
Separated216247,85712,639,686
Widowed898363,59415,467,586
Divorced639436,88823,075,029
Number Of House Hold4,9892,431,591111,826,380
Average House Hold Size2.612.562.60
Medial Age44.1437.2535.46
Median House Hold Income$109,790$57,698$48,276
Average House Hold Income$143,457$75,023$63,629
P C I$55,264$29,196$24,529
M D I$83,954$48,105$41,133
A T H E$92,471$57,083$50,898
S T R5.00%5.00%
W C J83.76%81.38%77.74%
(Zip) Code
2421

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/24/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.