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24 Richardson St Winchester — Photo 1 of 40

24 Richardson St Winchester — Photo 1 of 40

$1,099,000

Investment Analysis — 24 Richardson St

Winchester, MA 01890

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01890 carries an estimated $4,120/mo in gross rent — about a 2.41% cap rate and $26,434/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,411

Style

Single Family

Built

2003

Tucked on a quiet side street just north of Main Street, this circa-1853 antique pairs the character of a classic Winchester home with the space of a beautiful, sun-filled addition (completed in 2003): A lovely farmer's porch welcomes you and, once inside, hardwood and tile floors run through the main living spaces. Front rooms include a quaint sitting room and private office. A gas fireplace adds warmth in the family room off the kitchen, which has a slider out to a generous sized deck overlooking the serene back yard. Fresh paint throughout means there is nothing to do but move in. The same addition brought two bedrooms (primary with en suite bath), a walk-in closet, and updated kitchen cabinetry. Out back, a wood deck steps down to a spacious fenced yard with a built-in tree house, a garden area, storage shed, and in-ground sprinkler system. Central air conditioning, gas heat, town water and sewer, a one-year-old hot water tank, a partially finished, heated basement, a walk-up attic, and a four-car driveway. The location is the real headline: walk to the commuter rail, the bus, and Winchester Center's shops and restaurants, with the park, bikeway, and conservation trails minutes away. Newly renovated Lynch Elementary, McCall Middle and Winchester High School.

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 2,411 sq ft principal dwelling). Lot size: 8,333 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

Original Price$1,099,000
Annual Taxes$11,140

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningRG

Property & Lot

Acres0.19
SqFt Lot8,333
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Oven

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

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

Flooring - Hardwood, Lighting - Overhead

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Master Bedroom
Lvl Second

Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Second

Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink

Bathroom 2
Lvl Second

Bathroom - Full, Flooring - Vinyl, Lighting - Overhead, Pedestal Sink

Bathroom 3
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink

Listing Provided By

Listing Agent: Andersen Group Realty

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73571480