263 Elm St Concord — Photo 1 of 42
Recent Drop: $95,000
$2,900,000
Investment Analysis — 263 Elm St
Concord, MA 01742
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01742 carries an estimated $4,630/mo in gross rent — about a 0.44% cap rate and $12,843/yr in estimated NOI at the $2,900,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
4,647
Style
Single Family
Built
1990
Tucked off one of Concord’s most prestigious streets, this fully renovated colonial sits on a private 1-acre lot set 250' from the road, steps to historic Concord Center. Meticulously updated with new systems and roof, the home offers turnkey living with an open plan chef’s kitchen featuring quartz counters, oversized island, breakfast nook with beverage fridge, and seamless flow to an outdoor kitchen, patio and screened porch. Oversized family room with coffered ceiling and French doors, cozy living room with stone-surround gas fireplace, mudroom, hardwood floors and refined millwork. Four bedrooms upstairs (two en-suites) plus a generous primary suite with spa bath and a second-floor laundry. Finished lower level includes recreation space and guest suite. New three-car garage with finished loft—kitchenette, full bath and exercise/lounge—ideal for guests or home office. Easy commuter access, sidewalks to Concord Center and miles of riverside conservation trails.
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 4,647 sq ft principal dwelling). Lot size: 43,560 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23.416666666 x 19.333333333
Flooring - Hardwood, French Doors
Kitchen
Lvl First40.416666666 x 16.916666666
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Kitchen Island, Wine Chiller
Office
Lvl First15.25 x 11.333333333
Flooring - Hardwood
Family Room
Lvl First21.583333333 x 13.333333333
Flooring - Hardwood, Exterior Access
Master Bedroom
Lvl Second17.25 x 12.333333333
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl Second17.333333333 x 15.5
Bedroom 3
Lvl Second16 x 13.166666666
Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl Second18.083333333 x 10.833333333
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 5
Lvl Second14 x 8.916666666
Flooring - Hardwood, Closet - Double
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Property History
$2,900,000
Was $2,995,000
Aug 25, 2026
MLS® 73529339
$2,995,000
Jun 3, 2026
MLS® 73529339
Listing Agent: The Patenaude And Fivek Team
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73529339
