Investment Analysis — 66 Belknap St

Concord, MA 01742 — Concord Center

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 1.77% cap rate and $25,234/yr in estimated NOI at the $1,425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,992

Style

Single Family

Built

1900

The best of Concord is right outside your door at this four-bedroom home in the heart of Concord Center. Tucked along a tree-lined neighborhood street, the property offers true in-town living, with the commuter rail, restaurants, shops, coffee, library, schools and historic town center all within just a few blocks.Inside, high ceilings and beautifully preserved architectural details bring warmth and character throughout. Original wood moldings remain in their natural finish, complemented by a striking carved staircase that reflects the craftsmanship of the period. The first-floor rooms flow easily from one to the next, with an inviting living room, dedicated dining room and kitchen that opens directly to the patio, creating a natural connection between indoors and out.Upstairs, the second floor features three well-proportioned bedrooms, each offering comfortable space and flexibility, along with a charming covered porch. The entire third floor is devoted to the primary suite, abundant with natural light from multiple skylights and complete with a walk-in closet and en-suite bath.Outside, the fenced yard and patio create a private setting for dining, entertaining or simply enjoying the outdoors.Rich in original character yet well suited to everyday living, the home combines period craftsmanship, a versatile four-bedroom layout and a private outdoor setting in a location that is hard to match.

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 1,992 sq ft principal dwelling). Lot size: 5,400 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.