
247 Channing Rd Belmont — Photo 1 of 37
$1,595,000
Investment Analysis — 247 Channing Rd
Belmont, MA 02478 — Winn Brook
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02478 carries an estimated $4,420/mo in gross rent — about a 1.81% cap rate and $28,817/yr in estimated NOI at the $1,595,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,897
Style
Single Family
Built
1963
Welcome to 247 Channing Rd in Belmont — a home with space, comfort, and an ideal location in the sought-after Winn Brook neighborhood. Located near the new Belmont Middle and High School on Concord Avenue, Joey's Park, Route 2, and the Belmont Center commuter rail station on the Fitchburg Line, with the shops and restaurants of Belmont Center close by and Cambridge and Boston minutes away. This brick and vinyl Garrison Colonial sits on a level 0.18-acre lot and offers three fireplaces, an attached 1-car garage, off-street parking, and a fenced backyard. The main level features hardwood floors, a fireplaced living room with a brick hearth, and a dining room open to the kitchen, which includes a center island, stainless steel appliances, a range hood, a tile backsplash, tile flooring, recessed and under-cabinet lighting, and a separate coffee station. The family room addition showcases a wood-planked cathedral ceiling, a skylight, a brick corner fireplace, bay windows, and French doors to the deck, and flows into a bonus room with a wet bar. A half bathroom and a garage entry complete the first floor. Upstairs are four bedrooms with hardwood floors, including a primary bedroom with a walk-in closet, and a full bathroom with a glass-enclosed shower. The lower level adds a wood-paneled recreation room with a brick fireplace, a finished flex area for a gym or game room, a laundry area, and a separate shower room. Outside, a composite deck with a retractable awning overlooks the backyard and storage shed. Gas hot-water heat and central air on the second floor. See attached floor plans for the complete layout. A well-maintained Colonial with room to live, work, gather, and entertain in one of Belmont's most established neighborhoods.
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 2,897 sq ft principal dwelling). Lot size: 7,980 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Anthony Kadelliu
Listing Office: William Raveis R. E. & Home Services
MLS® Number: 73582261
