What is the estimated cap rate for 60 Highland Street, Concord, MA 01742?

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, 60 Highland Street, Concord, MA 01742 has an estimated 1.62% cap rate at its $1,650,000 list price, assuming ~$4,630/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 60 Highland Street, Concord, MA 01742?

HUD Fair Market Rent estimates about $4,630/month total for a 4-bedroom in 01742. Actual market rent varies.

Active

3 Days on market

60 Highland Street Concord — Photo 1 of 36

$1,650,000

Investment Analysis — 60 Highland Street

Concord, MA 01742

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01742 carries an estimated $4,630/mo in gross rent — about a 1.62% cap rate and $26,777/yr in estimated NOI at the $1,650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,000

Style

Single Family

Built

1896

A magnificent turnkey residence offering outdoor & indoor spaces & grandeur that is timeless. A wraparound porch welcomes you to this Grand Dame with rich architectural detail. The lovely foyer sets the stage for an experience that only homes of this era can offer including the charming living room with built in shelving and wood burning fireplace leading to the dining room with French Doors. The heart of this home is the eat in kitchen & fireplace family room with soaring vaulted ceiling. Lower level great room with staircase from the family room is a magnificent addition leading out to a bluestone patio and rear yard oasis. 3 bedrooms & home office adorn the 2nd fl as well as a modern full bath. Bonus 3rd floor is a tree top spacious primary suite. Additional quality features include central air, functional mud room with 1st floor laundry, & generous storage. This is a home you will never want to leave in a superb location in the heart of the village just steps from cafés, the library, shops, rail trail, Thoreau Elementary & commuter rail.

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 3,000 sq ft principal dwelling). Lot size: 7,860 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

Financials

Original Price$1,650,000

Annual Taxes$15,449

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms12

Fireplaces3

FlooringTile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet

BasementFinished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Heat Pump, Natural Gas

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter, Stone

ZoningRes

Property & Lot

Acres0.18

SqFt Lot7,860

Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range Hood • Cooktop • Oven

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Third

Primary BedroomBathroom 3

Second

OfficeBedroom 2Bedroom 3Bedroom 4Bathroom 2

First

Dining RoomFamily RoomBathroom 1

Main,First

Living RoomKitchen

Living Room

Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Hardwood

Dining Room

Lvl First

Flooring - Hardwood, French Doors, Decorative Molding

Kitchen

Lvl Main,First

Ceiling Fan(s), Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Office

Lvl Second

Flooring - Hardwood

Family Room

Lvl First

Skylight, Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Window Seat

Primary Bedroom

Lvl Third

Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Half Vaulted Ceiling(s)

Bedroom 2

Lvl Second

Bedroom 3

Lvl Second

Closet, Flooring - Hardwood

Bedroom 4

Lvl Second

Closet, Flooring - Wood, Lighting - Overhead

Bathroom 1

Lvl First

Bathroom - Half, Bathroom - With Shower Stall

Bathroom 2

Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 3

Lvl Third

Bathroom - Full, Bathroom - Tiled With Shower Stall, Skylight, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting, Wainscoting, Soaking Tub

Listing Provided By

Listing Agent: Nancy Ciampa Mclaughlin

Listing Office: Redfin Corp.

MLS® Number: 73579220