
240 Concord Rd Lincoln — Photo 1 of 42
$1,649,000
Investment Analysis — 240 Concord Rd
Lincoln, MA 01773
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01773 carries an estimated $3,870/mo in gross rent — about a 1.37% cap rate and $22,546/yr in estimated NOI at the $1,649,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,000
Style
Single Family
Built
1951
Reimagined and thoughtfully curated by a regionally renowned landscape designer, this 1951 mid-century modern gem is a rare blend of original architectural character, sophisticated modern updates, and extraordinary outdoor living. With beautifully designed grounds, exceptional spaces and amenities invite everyday enjoyment and entertaining. The four bedroom, two full bath main residence is open concept floor plan for single level living, with two working fireplaces. Many renovations and updates throughout. A separate office/studio building has its own full bath, for flexibility as a potential ADU, office space, au pair suite, guest quarters, or multigenerational living space. Additional amenities of the property include a wood-fired sauna, outdoor shower, two-car garage, modern shed, fire pit, two hoop houses (outdoor storage), irrigation, and landscape lighting. The spectacular outdoor spaces are a centerpiece of the property, creating a private retreat that feels worlds away from the everyday. Borrowed views, biodiverse/native plantings and elegant hardscaping combine for a stunning effect. Recently recognized by Yankee Magazine as one of the Top Five Towns in Massachusetts, Lincoln is celebrated for its natural beauty, extensive conservation land and trail network, cultural offerings, and newly renovated schools. With easy access to Cambridge, Boston, via public transport and major commuting routes, this exceptional property exudes style, flexibility, privacy, and location.
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 3,000 sq ft principal dwelling). Lot size: 39,640 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20 x 17
Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First20 x 11
Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Kitchen
Lvl Main,First20 x 11
Skylight, Flooring - Hardwood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Family Room
Lvl Basement35 x 18
Closet, Flooring - Wall to Wall Carpet, Flooring - Laminate, Recessed Lighting
Master Bedroom
Lvl Main,First17 x 15
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, French Doors, Deck - Exterior, Remodeled, Lighting - Sconce
Bedroom 2
Lvl Main,First17 x 12
Bedroom 3
Lvl Main,First13 x 10
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl Main,First22 x 12
Flooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting
Bathroom 1
Lvl Main,First8 x 4
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Lighting - Pendant, Lighting - Overhead
Bathroom 2
Lvl Main,First13 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Lighting - Sconce
Bathroom 3
Lvl Main,First9 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Listing Agent: Doug Carson
Listing Office: Compass
MLS® Number: 73573765
