
203 Channing Rd Belmont — Photo 1 of 19
$998,000
Investment Analysis — 203 Channing Rd
Belmont, MA 02478
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02478 carries an estimated $3,340/mo in gross rent — about a 2.09% cap rate and $20,893/yr in estimated NOI at the $998,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,171
Style
Single Family
Built
1960
A must see, this meticulously maintained ranch is located in the highly sought after Winn Brook School neighborhood. Filled with natural light this 2 bedroom home offers comfortable single level living with central a/c and freshly painted interior. The open floor plan is a tasteful blend of formal and casual living areas. Enjoy the living room with fireplace and built-ins that opens to the dining area and white cabinet kitchen. The sun room and large deck, overlooking a large backyard, are perfect for entertaining. Other features include: refinished hardwood floors and French drain. Close proximity to Winn Brook School, Belmont Middle and High Schools, public transportation, new library and rink, parks and Belmont Center make this location truly ideal.
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: 586 sq ft (the lesser of 900 sq ft or half the 1,171 sq ft principal dwelling). Lot size: 7,734 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 MLS and other third-party data may be inaccurate or out of date.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 • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl null15 x 11
Flooring - Hardwood, Open Floorplan
Dining Room
Lvl nullFlooring - Hardwood, Recessed Lighting
Kitchen
Lvl null16 x 14
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl null12 x 11
Flooring - Hardwood
Bedroom 2
Lvl null13 x 11
Listing Agent: Patrick Murphy
Listing Office: Coldwell Banker Realty - Belmont
MLS® Number: 73574546