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17-19 Drew Road #2 Belmont — Photo 1 of 26

17-19 Drew Road #2 Belmont — Photo 1 of 26

$1,325,000

Investment Analysis — 17-19 Drew Road #2

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 2.03% cap rate and $26,903/yr in estimated NOI at the $1,325,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,864

Style

Condominium

Built

1926

Expertly redesigned and completely renovated, this 2nd and 3rd floor, two-level 3 bedroom condominium delivers modern living with high end finishes throughout. Features include white oak flooring, recessed and LED lighting, fireplace, custom closet systems, and hydro-air HVAC with ERV. The quartz appointed kitchen opens seamlessly to stylish living and dining areas, ideal for everyday living and entertaining. Sleek modern baths include a luxurious primary suite with an oversized double shower. Additional highlights include all new electrical and plumbing, private porches and a new asphalt shingle roof. Parking for three cars and an EV charger. A rare offering blending quality craftsmanship, thoughtful systems, and contemporary comfort.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,325,000
Annual Taxes$7,177
HOA Fee$200

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementN

Climate & Utilities

HeatingCentral, Natural Gas, Hydro Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres0.1
SqFt Lot4,250
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBathroom 3
Second
Living RoomDining RoomKitchenBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl Second

12.75 x 11

Flooring - Hardwood

Dining Room
Lvl Second

11.75 x 11.75

Flooring - Hardwood

Kitchen
Lvl Second

19.5 x 11.666666666

Flooring - Hardwood, Countertops - Stone/Granite/Solid

Primary Bedroom
Lvl Third

17.75 x 14.5

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

13.083333333 x 11.25

Bedroom 3
Lvl Second

12 x 11.25

Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Half

Bathroom 3
Lvl Third

Bathroom - Full, Bathroom - Double Vanity/Sink

Listing Provided By

Listing Agent: Real Estate Advisors Group

Listing Office: Coldwell Banker Realty - Belmont

MLS® Number: 73574568