
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First13 x 26
Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting
Dining Room
Lvl First14 x 12
Flooring - Hardwood, Recessed Lighting, Crown Molding
Kitchen
Lvl First14 x 11
Bathroom - Half, Flooring - Wood, Balcony / Deck, Countertops - Stone/Granite/Solid, French Doors, Recessed Lighting
Family Room
Lvl First9 x 15
Flooring - Hardwood, French Doors, Recessed Lighting
Primary Bedroom
Lvl Second13 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 Second14 x 12
Bedroom 3
Lvl Second14 x 11
Ceiling Fan(s), Closet, Window(s) - Picture, Recessed Lighting
Bedroom 4
Lvl Third14 x 20
Closet, Flooring - Wood, Window(s) - Picture
Bedroom 5
Lvl Third13 x 13
Flooring - Hardwood, Window(s) - Picture
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Hardwood
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Recessed Lighting
Listing Agent: Peter Bouchie
Listing Office: Coldwell Banker Realty - Belmont
MLS® Number: 73577813

