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313 Garfield Rd Concord — Photo 1 of 36

313 Garfield Rd Concord — Photo 1 of 36

$2,195,000

Investment Analysis — 313 Garfield Rd

Concord, MA 01742

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01742 carries an estimated $4,630/mo in gross rent — about a 0.80% cap rate and $17,648/yr in estimated NOI at the $2,195,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

4,338

Style

Single Family

Built

2013

Set along a quiet, winding road, 313 Garfield Road offers the comfort of newer construction with thoughtfully designed interiors and a layout that accommodates every aspect of daily life. Built in 2013 and extensively renovated in 2021, the home features high-end finishes, updated interiors and an easy flow throughout.The kitchen is appointed with top-of-the-line Thermador appliances, a breakfast nook and an open connection to the dining and living areas, where a gas fireplace adds warmth and character. A custom mudroom, pantry and dedicated laundry room provide the practical amenities that make everyday living effortless.Four bedrooms include a spacious primary suite with an en-suite bath and two walk-in closets. A dedicated home office offers a quiet space for work or study, while the expansive walkout lower level, complete with full-size above-ground windows, provides abundant natural light and flexibility for a recreation room, playroom, gym or additional living space.Outside, more than 2.5 acres of land offer expansive side yards with plenty of room for outdoor activities, entertaining and enjoying the peaceful surroundings. An irrigation system helps maintain the grounds, while an attached two-car garage adds convenience.Meticulously maintained and move-in ready, 313 Garfield Road combines modern finishes, a practical floor plan and a beautiful setting with the space to accommodate work, play and everything in between.

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 4,338 sq ft principal dwelling). Lot size: 118,333 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.

Property Details

Financials

Original Price$2,195,000
Annual Taxes$24,578

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementPartially Finished, Walk-Out Access, Interior Entry, Radon Remediation System

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningAA

Property & Lot

Acres2.72
SqFt Lot118,333
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Dining RoomKitchenOfficeBathroom 1
Main,First
Living Room
Living Room
Lvl Main,First

13.166666666 x 20.583333333

Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting, Lighting - Sconce, Lighting - Pendant

Dining Room
Lvl First

13.583333333 x 14.833333333

Flooring - Hardwood, Wet Bar, Recessed Lighting, Wainscoting, Lighting - Pendant, Crown Molding

Kitchen
Lvl First

12.583333333 x 13.166666666

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Crown Molding

Office
Lvl First

13.583333333 x 10.166666666

Flooring - Hardwood, Recessed Lighting, Crown Molding

Primary Bedroom
Lvl Second

29.833333333 x 19.75

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

13.416666666 x 13.083333333

Bedroom 3
Lvl Second

13.583333333 x 13.166666666

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

15.166666666 x 14.833333333

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

5.666666666 x 6.5

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

9.083333333 x 5.5

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 3
Lvl Second

13.416666666 x 9.666666666

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Jacuzzi / Whirlpool Soaking Tub

Listing Provided By

Listing Agent: Salem Coughlin Group

Listing Office: Compass

MLS® Number: 73581403