115 Brookside Ave Belmont — Photo 1 of 37
$1,225,000
Investment Analysis — 115 Brookside Ave
Belmont, MA 02478
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02478 carries an estimated $4,000/mo in gross rent — about a 1.86% cap rate and $22,795/yr in estimated NOI at the $1,225,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,635
Style
Single Family
Built
1952
Move right into this renovated 3 bedroom home with a private yard abutting Beaver Brook conservation area! Set in the Kendall Gardens neighborhood, a quiet enclave with no through traffic, tucked between the brook, Rock Meadow and Mill Pond. You'll love the wonderful open concept kitchen/dining/family room with easy access to the deck, spacious bluestone patio, yard and detached office/gym. The yard is an oasis - expansive and framed by mature pines - perfect for outdoor dining and fun. Inviting kitchen features white cabinets, granite counters & stainless steel appliances. Living room with fireplace, bay window and recessed lighting. Bedroom and renovated half bath complete this level. With a full dormer upstairs the 2 bedrooms (one with walk in closet) and full bath are spacious and bright. Freshly painted home with newly refinished hardwood floors, smart lighting and good ceiling height. Great potential in unfinished basement. Recently updated high efficiency gas heat, central air conditioning, tankless hot water, roof and 200 amp electrical. Newly paved double width driveway, granite steps, paths and landscaping. Enjoy Belmont's new high school/middle school, library and ice rink. Steps to Rock Meadow Conservation Area and Lone Tree Hill walking trails with Belmont Center, the commuter rail, Routes 2 and 128, Cambridge and Boston all minutes away.
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: 818 sq ft (the lesser of 900 sq ft or half the 1,635 sq ft principal dwelling). Lot size: 9,661 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 • Tankless Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.916666666 x 11.25
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl First11.416666666 x 14.166666666
Flooring - Hardwood, Open Floorplan
Kitchen
Lvl First11.416666666 x 8.75
Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Family Room
Lvl First9.583333333 x 19.083333333
Exterior Access, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Second11.333333333 x 16.333333333
Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second11.583333333 x 16.333333333
Bedroom 3
Lvl First11.666666666 x 11.166666666
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Closet - Linen, Beadboard
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Terry Mccarthy
Listing Office: Coldwell Banker Realty - Belmont
MLS® Number: 73581539