
9 Lantern Rd Belmont — Photo 1 of 41
$2,375,000
Investment Analysis — 9 Lantern Rd
Belmont, MA 02478 — Belmont Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02478 carries an estimated $4,420/mo in gross rent — about a 0.79% cap rate and $18,783/yr in estimated NOI at the $2,375,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3.5
SqFt
3,955
Style
Single Family
Built
1956
Beautifully sunny & updated Contemporary Split Entry Ranch on a lovely, quiet side street in desirable Belmont Hill. This home has one of the most fantastic rear yards in the neighborhood, completely fenced in featuring professionally landscaped & irrigated grounds with a separate fenced in gardening area (to keep all those rabbits at arms length), peach trees, blueberry & raspberry bushes. With over 20,000sf of land, there is ample room for a play structure, but the highlight is a smokeless fire-pit entertaining area with built-in stone & granite seating surrounding the fire. This makes for an absolutely lovely outdoor room to enjoy year round.There is a large deck with surround seating and a commanding view of the property that leads to the kitchen. The skylit kitchen is part of a larger addition to the original home that gives inspiration to both aspiring and professional chefs. Make the "Bear" proud and utilize the separate under counter quick cooking steam oven and gorgeous Wolf double oven with oversized griddle. The kitchen is separated from the dining room by an enormous granite island that seats four large stools and is a terrific gathering/entertaining area in itself. Inlaid floor details draw the eye to the large open dining room that will accommodate large gatherings, making this home THE place to be to enjoy the holidays with your friends and families. There is a step down living room with a nice mantled fireplace and several windows overlooking the front yard and the mature Japanese Maple tree that defines this house from the street. A large family room with high coffered ceilings rounds out the main level, and offers a cozy place to enjoy a movie and has many windows that overlook the backyard. The primary bedroom w/ en-suite bath is just one of 6 BRs on 2 different levels. Three of the bedrooms are on the third level with a full bath, and the other 3 are on the second level, offering great separation of space, and the possibilities for private offices abound. Pass the homework station on the side of the kitchen and down half a flight of stairs to the well equiped laundry room, plus a bonus shower stall and half bath. Lower level media room abutts a rec room, wired for sound. Bonus bomb shelter is finished as cozy home office! Two car garage, updated systems, 95% efficient HVAC, 200amps and newer panels and central vac for convenience. This well maintained home has a happy vibe that will reinvigorate you every day you live. Don't miss it!
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 3,955 sq ft principal dwelling). Lot size: 20,150 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 • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20 x 13
Flooring - Hardwood, Cable Hookup, Recessed Lighting, Remodeled, Sunken
Dining Room
Lvl Main,First25 x 11
Flooring - Hardwood, Remodeled, Lighting - Sconce, Lighting - Overhead
Kitchen
Lvl First26 x 14
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Family Room
Lvl First17 x 17
Coffered Ceiling(s), Flooring - Wall to Wall Carpet, Cable Hookup, Remodeled, Sunken
Master Bedroom
Lvl Second15 x 13
Bathroom - 3/4, Closet, Flooring - Hardwood
Bedroom 2
Lvl Second17 x 11
Bedroom 3
Lvl Second12 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl Third13 x 10
Closet, Flooring - Wall to Wall Carpet
Bedroom 5
Lvl Third15 x 9
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,SecondBathroom - Full
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Remodeled
Bathroom 3
Lvl ThirdBathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled
Property History
$2,375,000
Sep 10, 2026
MLS® 73575560
$2,375,000
Jul 15, 2026
MLS® 73544563
$2,375,000
Jul 15, 2026
MLS® 73544563
$7,400
Jul 28, 2025
MLS® 73356634
$7,400
Apr 8, 2025
MLS® 73356634
Listing Agent: Ed Lyon
Listing Office: Preservation Properties
MLS® Number: 73575560
