501 Belmont St Belmont — Photo 1 of 42
$1,795,900
Investment Analysis — 501 Belmont St
Belmont, MA 02478
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 1.47% cap rate and $26,403/yr in estimated NOI at the $1,795,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,830
Style
Single Family
Built
1920
Belmont Premiere Cushing Sq/Payson Park neighborhood.Meticulously renovated with an open elegant concept.Open & invited flow exists throughout the home with sophisticated craftsman details & custom touches!Rooms are large,well proportioned & flooded with natural light.As you enter-A relaxing 4 season sunroom-perfect for morning coffee or quiet evenings.Next comes a Foyer,a spacious Living room with welcoming firepl,high ceilings,beautiful hardwoods floors that lead to family room,Formal Dining room,stunning gourmet Kitchen equipped with lovely maple cabinets,corian counter tops & highend Bosch/kitchenaid appliances.Also on 1st floor a Full bath,another dining/den with sliders to a walk-out fabulous serene private deck with stairs to the backyard!Upstairs you'll find the primary bedroom with a firepl,Huge walk in closet to the left of the room & nursery/exercise room to the right(either room could make a great bathroom!).3 more generous size bedrooms with another full bathroom & home office completes the 2nd level.Other features include:- walk up attic,full huge basement with laundry,new heating system,central A/C,recess lighting,freshly painted,2 car garage+4 outside spaces,landscaped yard,Close to all the great rated Belmont schools,shops,restaurants,commuter rail,buses to harvard sq,RT 2,masspike,Boston,Cambridge,Arlington,etc...This home is a GEM... and truly stands out!OH's thurs 5-7pm,fri 11.30-1,sat &sun 12-2pm.
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 2,830 sq ft principal dwelling). Lot size: 5,337 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
Water Heater • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Wine Refrigerator • ENERGY STAR Qualified Dishwasher • Rangetop - ENERGY STAR • Oven • 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,FirstCloset, Flooring - Hardwood, Window(s) - Picture, Handicap Accessible, Exterior Access, High Speed Internet Hookup, Open Floorplan, Paints & Finishes - Zero VOC, Recessed Lighting, Remodeled, Crown Molding
Dining Room
Lvl Main,FirstBathroom - Full, Flooring - Hardwood, French Doors, Handicap Accessible, High Speed Internet Hookup, Open Floorplan, Paints & Finishes - Zero VOC, Remodeled, Wainscoting, Lighting - Sconce, Lighting - Overhead
Kitchen
Lvl Main,FirstBathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Handicap Accessible, Cabinets - Upgraded, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Paints & Finishes - Zero VOC, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances
Office
Lvl SecondBathroom - Full, Closet - Linen, Flooring - Hardwood, High Speed Internet Hookup, Open Floor Plan, Paints & Finishes - Low VOC, Recessed Lighting, Remodeled, Lighting - Overhead
Family Room
Lvl Main,FirstFlooring - Hardwood, Handicap Accessible, Exterior Access, High Speed Internet Hookup, Paints & Finishes - Zero VOC, Recessed Lighting, Remodeled, Crown Molding
Primary Bedroom
Lvl SecondCeiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Dressing Room, High Speed Internet Hookup, Paints & Finishes - Zero VOC, Remodeled
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood, Attic Access, Remodeled, Lighting - Overhead
Bedroom 4
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Paints & Finishes - Zero VOC
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Paints & Finishes - Zero VOC, Remodeled
Listing Agent: Maureen Mulrooney
Listing Office: RE/MAX Real Estate Center
MLS® Number: 73573579
