17-19 Drew Road Belmont — Photo 1 of 29
$2,620,000
Investment Analysis — 17-19 Drew Road
Belmont, MA 02478
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02478 carries an estimated $8,000/mo in gross rent — about a 2.24% cap rate and $58,607/yr in estimated NOI at the $2,620,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
3,990
Style
Multi Family
Built
1926
Welcome to this magnificent two family home, gut renovated and thoughtfully transformed to offer modern living, quality finishes, and an abundance of space. With four levels of living space, each unit features three bedrooms, primary suites and an open concept floor plan. The finished lower level offers a family room with wet bar and a bedroom with full bath. Additional highlights include mudroom with built ins, all new electrical and plumbing systems, multiple porches, new cedar fencing, and an asphalt shingle roof. Large driveway for convenient parking and EV chargers. Whether you are looking for an owner occupied property, an investment opportunity, or a multi-generational living arrangement, this beautifully renovated two family offers exceptional flexibility. A must see property!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Property History
$2,620,000
Sep 9, 2026
MLS® 73574570
$1,325,000
Sep 9, 2026
MLS® 73574568
$1,295,000
Sep 9, 2026
MLS® 73574567
Listing Agent: Real Estate Advisors Group
Listing Office: Coldwell Banker Realty - Belmont
MLS® Number: 73574570
