Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
36
Values up to $1.79M, Rent steady
Updated 3 days ago • 3 new comps
Your Investment Paths
Turnkey Rental
The property at 15 Hancock St offers strong rental potential in the Lexington market. Investors can expect monthly income between $5,369 and $6,205, positioning it as a steady asset for those seeking reliable long-term cash flow. With an estimated annual yield of 3.89%, the home provides a solid baseline for rental performance. When combined with a projected market appreciation of $55,801, this opportunity represents a compelling and balanced choice for portfolios.
More about this home
Neighborhood Assessment
15 Hancock St sits in Lexington Center's Merriam Hill, a prime A-class neighborhood with top-tier schools—Fiske Elementary (9/10), Diamond Middle (9/10), and Lexington High (10/10)—just 0.6-0.8 miles away. Walkability shines near Minuteman Bikeway, Lexington Green, shops, restaurants, library, and public transit. Nearby comps like 17 Hancock at $2.6M and 16 Hancock at $2.8M show strong values for similar 4-bed homes; this 2,949 sqft Colonial lists at $1.8M with solid price/sqft at $605. Steady tax-assessed growth to $1.7M signals rising demand. It's got that unbeatable historic charm with modern perks like central AC and a private yard pond—perfect for families or professionals craving convenience without suburban isolation.
Market Activity
+ Ask a question in the app
15 Hancock St, Lexington Investment Report: Flip & Rental Analysis · Frontflip
Rental Income
$69K
Yield
3.9%
Appreciation
$56K
Year 1 Estimates
Fix-and-Flip
Fresh updates significantly enhance a property's appeal, often unlocking higher rent potential, currently reaching up to $7,679 monthly. While the price per square foot remains stable at $639, these improvements ensure your home stays competitive. Investing in modern touches helps your property shine in a crowded market. With a strong sell potential reaching $2,045,000, these upgrades provide a fantastic lifestyle boost, making your home a preferred choice for discerning future buyers.
Comps
3
Buy-Rehab-Rent
This property presents a solid BRR opportunity with an estimated post-renovation value between 1.85 and 2.04 million dollars. The substantial square footage supports high-end market appeal, though renovation margins appear tight based on current comps. Annual rental income of 91,632 dollars provides steady cash flow, representing a 4.7 percent yield. While appreciation prospects remain positive, investors should prioritize budget discipline during the rehab phase to maximize long-term equity and returns.
Rental Income
$92K
Yield
4.7%
Appreciation
$61K
Year 1 Estimates, Post Typical Renovation
Estimated value
$1.8M
$2.5K below comp median
Comparative Market Analysis
$1.3M – $2.1M
~65 days to sell
Based on 8 comps