
38 Ripley Hill Rd Concord — Photo 1 of 39
Recent Drop: $350,000
$3,625,000
Investment Analysis — 38 Ripley Hill Rd
Concord, MA 01742
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01742 carries an estimated $4,630/mo in gross rent — about a -0.15% cap rate and $-5,374/yr in estimated NOI at the $3,625,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
5,209
Style
Single Family
Built
1994
Space to gather, room to grow and meaningful recent updates make this distinguished Country Home an inviting choice for today's lifestyle in one of Concord’s most treasured locations, just off Monument Street. Extensive recent improvements add important value and peace of mind, including a new Buderus boiler, Hydro Air unit, Carrier 2-ton AC condenser, Honeywell 9000 Wi-Fi thermostats, expanded patio, garage door, sunroom flooring, hardwood flooring, cedar-shingled roof and more. Set on nearly two park-like acres framed by mature trees and perennial gardens, this property provides room to play and easy access to conservation trails, historic sites, vibrant town center and top rated schools. Inside, a light-filled, airy floor plan balances everyday comfort with generous spaces for entertaining. French doors, large windows, custom built-ins and three fireplaces add warmth and character, while the Chef’s kitchen features a sunny dining area and high end appliances. Formal living and dining room are complemented by comfortable, casual spaces that invite everyone to gather. A private home office and first-floor guest suite provide valuable flexibility. Upstairs finds the luxurious main suite, three add'l bedrooms, each with unique features, i.e., a private study/sitting room, built-ins and window seat, private outdoor terrace, plus a family bath and convenient 2nd floor laundry. Outdoors, the expanded bluestone patio and firepit create a natural extension of the living space for dinners, gatherings and evenings outside. A substantial Concord home offering space, privacy, flexibility and thoughtful updates for years of comfortable living and enjoyment.
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 5,209 sq ft principal dwelling). Lot size: 82,178 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 • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 16
Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Recessed Lighting, Crown Molding
Dining Room
Lvl First17 x 14
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Lighting - Overhead, Crown Molding
Kitchen
Lvl First18 x 24
Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Crown Molding
Office
Lvl First17 x 16
Fireplace, Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting, Lighting - Sconce
Family Room
Lvl First16 x 19
Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Crown Molding, Decorative Molding, Pocket Door
Primary Bedroom
Lvl Second17 x 19
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Crown Molding, Window Seat
Bedroom 2
Lvl Second20 x 17
Bedroom 3
Lvl Second18 x 21
Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck
Bedroom 4
Lvl Second16 x 15
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window Seat
Bedroom 5
Lvl First12 x 12
Bathroom - Full, Closet, Flooring - Wood, Lighting - Overhead, Crown Molding
Bathroom 1
Lvl First5 x 6
Bathroom - Half, Flooring - Marble, Recessed Lighting, Lighting - Sconce, Pedestal Sink
Bathroom 2
Lvl Second17 x 19
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Second8 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Lighting - Sconce
Property History
$3,625,000
Was $3,848,000
Sep 17, 2026
MLS® 73519496
$3,848,000
Was $3,895,000
Aug 13, 2026
MLS® 73519496
$3,895,000
Was $3,975,000
Aug 7, 2026
MLS® 73519496
$3,975,000
May 14, 2026
MLS® 73519496
Listing Agent: Senkler, Pasley & Whitney
Listing Office: Coldwell Banker Realty - Concord
MLS® Number: 73519496

