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164 Common St Belmont — Photo 1 of 20

164 Common St Belmont — Photo 1 of 20

$1,995,000

Investment Analysis — 164 Common St

Belmont, MA 02478 — Wellington

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02478 carries an estimated $4,420/mo in gross rent — about a 1.13% cap rate and $22,493/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,274

Style

Single Family

Built

1936

Beautifully renovated and thoughtfully designed, this exceptional five-bedroom, two-full-and-two-half-bath Center-Entrance Colonial offers timeless character paired with modern comfort and style. Set on a desirable 0.21-acre corner lot, this gracious nine-room home features beautiful craftsmanship, custom finishes, and inviting spaces throughout.The sun-filled living room welcomes you with a gas fireplace, while the charming formal dining room flows into the beautifully renovated gourmet kitchen. The kitchen is thoughtfully appointed with quartz countertops, stainless-steel appliances, and stylish finishes.A bright and inviting sunroom with hardwood floors and French doors provides a wonderful connection to the private, landscaped backyard and updated back deck. A convenient half bath and quaint mudroom complete the first floor.The second level features three generous bedrooms and beautifully updated baths. The spacious ensuite primary bedroom offers a walk-in closet and a stylish designer bath, creating a comfortable private retreat. Two additional bedrooms and a beautifully updated main bath.The third floor offers two additional bedrooms, perfect for a home office, or flexible living space.The finished lower level adds valuable living and recreational space and can easily accommodate a family room, exercise room, home office, or playroom, along with a ½ bath, dedicated storage and laundry areas.The thoughtfully landscaped grounds enhance the home's setting. Updated back deck, two-car garage, and two-car side driveway provide both beauty and convenience.Ideally located with close proximity to Belmont Center, highly regarded schools, public transportation, Cambridge, and Boston, this beautifully maintained and renovated home offers the perfect blend of classic New England charm, modern amenities, and an exceptionally convenient location.

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 3,274 sq ft principal dwelling). Lot size: 9,320 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

Original Price$1,995,000
Annual Taxes$17,817

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms9
Fireplaces1
FlooringWood, Tile, Flooring - Stone/Ceramic Tile
BasementFull

Climate & Utilities

HeatingHot Water
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.21
SqFt Lot9,320
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4Bedroom 5
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

13 x 26

Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting

Dining Room
Lvl First

14 x 12

Flooring - Hardwood, Recessed Lighting, Crown Molding

Kitchen
Lvl First

14 x 11

Bathroom - Half, Flooring - Wood, Balcony / Deck, Countertops - Stone/Granite/Solid, French Doors, Recessed Lighting

Family Room
Lvl First

9 x 15

Flooring - Hardwood, French Doors, Recessed Lighting

Primary Bedroom
Lvl Second

13 x 18

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Flooring - Wood, Window(s) - Picture, Balcony / Deck, Cable Hookup, Recessed Lighting, Decorative Molding

Bedroom 2
Lvl Second

14 x 12

Bedroom 3
Lvl Second

14 x 11

Ceiling Fan(s), Closet, Window(s) - Picture, Recessed Lighting

Bedroom 4
Lvl Third

14 x 20

Closet, Flooring - Wood, Window(s) - Picture

Bedroom 5
Lvl Third

13 x 13

Flooring - Hardwood, Window(s) - Picture

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Recessed Lighting

Listing Provided By

Listing Agent: Peter Bouchie

Listing Office: Coldwell Banker Realty - Belmont

MLS® Number: 73577813