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1319 Monument Street Concord — Photo 1 of 35

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.

View Standard Listing

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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Property Details

Financials

Original Price$2,595,000
Annual Taxes$32,818

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces3
FlooringWood, Stone / Slate, Flooring - Wood, Laminate, Flooring - Stone/Ceramic Tile
BasementPartial, Crawl Space, Finished, Interior Entry, Bulkhead

Climate & Utilities

HeatingCentral, Forced Air, Fireplace(s)
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofWood
FoundationConcrete Perimeter
ZoningRes AA

Property & Lot

Acres1.87
SqFt Lot81,307
Lot FeaturesLevel

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

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Basement
Bedroom 4
Living Room
Lvl First

15 x 18

Closet/Cabinets - Custom Built, Flooring - Wood

Dining Room
Lvl First

13 x 15

Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors

Kitchen
Lvl First

13 x 13

Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Wood, Open Floorplan, Stainless Steel Appliances, Gas Stove, Peninsula

Office
Lvl First

13 x 15

Fireplace, Ceiling - Beamed, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture

Family Room
Lvl First

15 x 19

Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan

Master Bedroom
Lvl Second

15 x 20

Bathroom - Full, Walk-In Closet(s), Cedar Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wood

Bedroom 2
Lvl Second

13 x 13

Bedroom 3
Lvl Second

13 x 13

Closet, Flooring - Wood

Bedroom 4
Lvl Basement

11 x 16

Closet, Flooring - Laminate

Bathroom 1
Lvl First

5 x 6

Bathroom - Half

Bathroom 2
Lvl Second

9 x 9

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

8 x 10

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub

Listing Provided By

Listing Agent: The Ridick Revis Group

Listing Office: Compass

MLS® Number: 73574198