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2 Days on market
23 Regent Road Belmont — Photo 1 of 2

23 Regent Road Belmont — Photo 1 of 2

$938,000

Investment Analysis — 23 Regent Road

Belmont, MA 02478 — Payson Park

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02478 carries an estimated $4,420/mo in gross rent — about a 3.15% cap rate and $29,508/yr in estimated NOI at the $938,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2

SqFt

1,638

Style

Single Family

Built

1958

This cape style home is in need to signficant updating and renovations IT IS BEING OFFERED AS IN THE PRESENT CONDITION. While it will require work, it presents an opportunity for someone with vision to restore,renovate and bring new life to a property in a highly desirable Belmont location. AS-IS-CONDITION.

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: 819 sq ft (the lesser of 900 sq ft or half the 1,638 sq ft principal dwelling). Lot size: 6,302 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 MLS and other third-party data may be inaccurate or out of date.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$938,000
Annual Taxes$10,802

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Laminate
BasementFull, Interior Entry, Bulkhead, Sump Pump

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSC

Property & Lot

Acres0.14
SqFt Lot6,302
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater • Oven • Range • Cooktop

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBedroom 3Bedroom 4Bathroom 1
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Picture

Kitchen
Lvl First
Primary Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall

Listing Provided By

Listing Agent: Joan Barrett

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73579525