709 Belmont St Belmont — Photo 1 of 41
$1,395,000
Investment Analysis — 709 Belmont St
Belmont, MA 02478
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02478 carries an estimated $4,000/mo in gross rent — about a 1.97% cap rate and $27,425/yr in estimated NOI at the $1,395,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
2,000
Style
Single Family
Built
1920
Move-in ready, gut-renovated Colonial offering 3 bedrooms, 3½ baths, and flexible living space for extended family. The main level features a central-entry foyer, open kitchen and dining area, and a new kitchen with stainless-steel appliances, quartz countertops, and waterfall island. The second floor boasts vaulted ceilings, skylight, and abundant storage. Sliding doors lead to a large rear deck & private backyard, ideal for outdoor entertaining and relaxation. A private side driveway provides ample parking. Additional updates include custom Harvey windows, hardyboard siding, new roof, new landscaping, gas heating, and central air conditioning. The lower-level au pair/in-law suite provides additional privacy and versatility. Completely renovated and ready for immediate occupancy. Schedule your private showing today & Welcome Home!
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 2,000 sq ft principal dwelling). Lot size: 4,105 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11.333333333 x 21.333333333
Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First11.833333333 x 9.5
Flooring - Hardwood, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
Kitchen
Lvl Main,First17.833333333 x 11.5
Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Family Room
Lvl Basement22.333333333 x 18.333333333
Bathroom - Full, Closet, Flooring - Hardwood, Flooring - Laminate, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Primary Bedroom
Lvl Second10.25 x 16.166666666
Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Remodeled, Closet - Double
Listing Agent: Corey Melkonian
Listing Office: Cameron Prestige, LLC
MLS® Number: 73575592
