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Home Massachusetts Lexington Apartments

Lexington 3 beds 3 baths - $6,500

Available: 07-15-2024
31 Photos
$6,500/mo
3 Beds
3 Baths
Available: 07/15/2024
Lexington, MA
15 Lily Pond Lane, Lexington, MA 02420
Listing courtesy of The Synergy Group, The Synergy Group

Amenities & Apartment Information

Unit

In-Unit Laundry

Property Description

FOR LEASE- 3 Bedroom townhome with 1 car attached garage. Located at LEXINGTON'S PREMIERE TOWNHOME COMMUNITY. Built in 2021, this townhome is practically still new. Located in historic Lexington, Lexington Meadows is an ideal location for anyone seeking a balance between modern townhome living and a serene yet convenient location. Here you will enjoy the sophistication of this newer 21-home townhouse community while also enjoying an 11-acre beautifully landscaped setting providing a comforting refuge. Lexington Meadows abuts the Great Meadows conservation tract of 183 acres. A setting that welcomes hiking, biking, and family fun. Photos are of similar unit. Available for lease starting July 15th, 2024. Applicants must pass credit and background checks. Landlord requires the First Month and a Security deposit. Tenants are to pay the list agent office 1/2 month RE Fee. Pets are not allowed and no smoking. Available July.

Map & Nearby Areas

Price Comparison

This apartment is above the average price of $3,800 for 3 bedroom apartments in Lexington. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Contact us today before this great unit is rented!

Average Rent Prices for 3 Bedroom Apartments in Lexington

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$236,364 - $312,000

You + 2 Roommates, Each:

$86,667 - $104,000
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$9,100

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Mid Range

25% of Gross Income

$6,500

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Low Range

15% of Gross Income

$3,900

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Have You Considered Buying
Your Own Home?

Instead of paying $6,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.