
3 Preble Gardens Rd Belmont — Photo 1 of 42
$1,199,000
Investment Analysis — 3 Preble Gardens Rd
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 2.13% cap rate and $25,503/yr in estimated NOI at the $1,199,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,045
Style
Single Family
Built
1930
Welcome home to this charming and well-maintained 4-bedroom, 1.5-bath Colonial, beautifully situated on a picturesque corner lot in a desirable neighborhood. Rich hardwood floors flow throughout the home, while fresh interior paint enhances the warm and inviting atmosphere, making it easy to move right in and add your own personal style. The sun-filled kitchen offers abundant cabinetry and workspace and is ready for your creative vision. Entertain with ease in the elegant formal dining room or gather in the spacious living room featuring a classic wood-burning fireplace. A stunning year-round sunroom with beautiful built-ins provides the perfect retreat for relaxing, reading, or working from home while enjoying views of the outdoors. The second floor offers four generously sized bedrooms and a full bath, providing plenty of space for family, guests, or a home office. A walk-up attic offers exceptional storage and exciting possibilities for future expansion. Outside, you'll appreciate the attractive curb appeal with rebuilt front brick steps, freshly painted front pillars, a new bulkhead door, along with the beauty of the expansive corner lot. Ideally located just minutes from shopping, restaurants, parks, public transportation, and major commuter routes, this classic Colonial offers the perfect blend of character, comfort, and opportunity. Don't miss your chance to make this wonderful property your next home!
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 2,045 sq ft principal dwelling). Lot size: 5,298 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 • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 24
Flooring - Hardwood, Lighting - Sconce
Dining Room
Lvl First12 x 13
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl First9 x 11
Exterior Access, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl Second12 x 17
Walk-In Closet(s), Flooring - Hardwood, Lighting - Sconce
Bedroom 2
Lvl Second12 x 13
Bedroom 3
Lvl Second12 x 12
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second8 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 6
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second6 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Team Metrowest
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73577162