114 Payson Rd. #2 Belmont — Photo 1 of 38
$879,000
Investment Analysis — 114 Payson Rd. #2
Belmont, MA 02478 — Payson Park
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02478 carries an estimated $3,340/mo in gross rent — about a 1.59% cap rate and $13,971/yr in estimated NOI at the $879,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,130
Style
Condominium
Built
1930
Discover an exceptional opportunity in Payson Park Belmont. High end 2026 renovation of a stately two family home. This inviting 1130 square foot condominium offers fantastic opportunities to expand to a deeded 1250 square foot walk up attic. With a unique blend of classic charm and comfortable living, set within a generous 7649 square foot lot. This property provides a distinct sense of space, offering an elevated lifestyle in a sought-after community. This thoughtfully designed condominium encompasses two well-proportioned bedrooms, with choice to use spacious Sunroom as a third. Providing ample personal space and flexibility for various living arrangements. All new custom granite kitchen with stainless steel appliances. The property includes central air, WD, gleaming hardwood floors, and high end finishes. Thoughtful design for everyday convenience and comfort. Situated on the second floor, this two-story residence offers a private and expansive living experience. The convenience of a dedicated garage space plus one driveway spot adds to the ease of suburban living. Walking distance to Cushing Square with fantastic curb appeal and desirability.
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 MLS and other third-party data may be inaccurate or out of date.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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Lvl SecondDining Room
Lvl SecondKitchen
Lvl SecondMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondListing Agent: Dana Ingram
Listing Office: Ingram Realty Co.
MLS® Number: 73569437
