
1319 Monument Street Concord — Photo 1 of 35
$2,595,000
Investment Analysis — 1319 Monument 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 0.36% cap rate and $9,408/yr in estimated NOI at the $2,595,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,756
Style
Single Family
Built
1993
Located on highly sought-after Monument Street, this beautifully renovated Royal Barry Wills home seamlessly blends timeless architectural character with thoughtful modern updates. Set on exquisitely landscaped grounds featuring specimen trees, perennial gardens, and a classic stone wall, the property abuts protected conservation land. The gardens, designed by renowned landscape firm Parterre, create a quintessential Concord setting for elegant country living. Every detail reflects exceptional craftsmanship, premium materials, and an interior designer's refined eye. Sunlight fills the home, highlighting Farrow & Ball walls and trim and rich hardwood floors throughout. Gracious formal spaces include a dining room adorned with Schumacher wallpaper, a welcoming living room with a gas fireplace, and a private office with its own gas fireplace. At the heart of the home, a beamed family room with a gas stove flows into a stunning Poggenpohl kitchen featuring Wolf and Sub-Zero appliances, Quartz countertops, and custom cabinetry. The kitchen connects to a practical mudroom, laundry room, and stylish powder room finished with Serena & Lily wallpaper. The spacious primary suite occupies a peaceful corner of the second floor, with windows on three sides, custom California Closets, and a luxurious spa bath featuring a steam shower. Two additional bedrooms, each with California Closets, share a beautifully renovated full bath. The finished lower level offers exceptional flexibility with a guest bedroom, full bath, and a bonus space ideal for a home theatre, playroom, gym or studio. Ideally located just minutes from Concord Center, this exceptional property also offers easy access to miles of scenic conservation trails through Brewster's Woods, leading to the Concord River and 1,700 acre Estabrook Woods—bringing nature and recreation right to your doorstep.
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 3,756 sq ft principal dwelling). Lot size: 81,307 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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Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Microwave • Range • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 18
Closet/Cabinets - Custom Built, Flooring - Wood
Dining Room
Lvl First13 x 15
Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors
Kitchen
Lvl First13 x 13
Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Wood, Open Floorplan, Stainless Steel Appliances, Gas Stove, Peninsula
Office
Lvl First13 x 15
Fireplace, Ceiling - Beamed, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture
Family Room
Lvl First15 x 19
Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan
Master Bedroom
Lvl Second15 x 20
Bathroom - Full, Walk-In Closet(s), Cedar Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wood
Bedroom 2
Lvl Second13 x 13
Bedroom 3
Lvl Second13 x 13
Closet, Flooring - Wood
Bedroom 4
Lvl Basement11 x 16
Closet, Flooring - Laminate
Bathroom 1
Lvl First5 x 6
Bathroom - Half
Bathroom 2
Lvl Second9 x 9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second8 x 10
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Listing Agent: The Ridick Revis Group
Listing Office: Compass
MLS® Number: 73574198
