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144 Concord Street Newton — Photo 1 of 25

144 Concord Street Newton — Photo 1 of 25

$1,999,000

Investment Analysis — 144 Concord Street

Newton, MA 02462 — Newton Lower Falls

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02462 carries an estimated $4,330/mo in gross rent — about a 1.29% cap rate and $25,819/yr in estimated NOI at the $1,999,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3.5

SqFt

4,111

Style

Single Family

Built

1930

Beautifully expanded and renovated, this exceptional residence offers the perfect blend of timeless charm and modern living. The welcoming front entrance opens to a gracious living room with a bay window, fireplace, and easy access to the elegant dining room, highlighted by original moldings. The newer chef's kitchen features an oversized island, top-of-the-line appliances, with double ovens and abundant storage, and opens seamlessly to a spacious family room with a built-in banquette, vaulted ceiling, and custom built-ins. Outdoor access to the well-landscaped, level backyard with a patio, creates an ideal setting for indoor-outdoor living and entertaining. The main level also includes a wonderful mudroom with built-ins, lavatory, direct access to the oversized garage, and a bright sunroom off the dining room. The second floor features a lovely primary bedroom suite that is accessed by separate direct entry with a spa-like bathroom and two expansive fully outfitted walk-in closets. Four additional bedrooms and a tastefully renovated full bathroom complete this level. There is a versatile 3rd floor walk-up attic with built-in storage and lots of potential. The recently renovated lower level is spectacular. Spacious, stylish, meticulous, and functional, it offers exceptional bonus living space, including a large playroom or second family room, a gym, and an exquisite fully renovated bathroom. Ideally located in the highly sought-after Angier School district, this home features gas systems, central air conditioning, and handsome hardwood floors. The location provides convenient access to major commuting routes (128, MA Pike, Route 9), public transportation, shops, dining, Charles River, open space, and recreational 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 4,111 sq ft principal dwelling). Lot size: 11,484 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

Original Price$1,999,000
Annual Taxes$13,671

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms12
Fireplaces2
FlooringHardwood, Flooring - Stone/Ceramic Tile
BasementFinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningSR2

Property & Lot

Acres0.26
SqFt Lot11,484
Lot FeaturesLevel

Amenities & Appliances

Oven • Dishwasher • Disposal • Range • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan

Family Room
Lvl First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access

Primary Bedroom
Lvl Second

Bathroom - Full, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bedroom 5
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Double Vanity

Bathroom 3
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded

Listing Provided By

Listing Agent: Debby Belt

Listing Office: Hammond Residential Real Estate

MLS® Number: 73584369