
34 Lincoln Street Belmont — Photo 1 of 23
$2,199,000
Investment Analysis — 34 Lincoln Street
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 0.76% cap rate and $16,755/yr in estimated NOI at the $2,199,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
4,446
Style
Single Family
Built
1930
This lovely center-entrance Colonial is located in Belmont's wonderful Presidential neighborhood! This spacious 4-bedroom, 3.5-bath home features a warm, welcoming foyer and beautiful original architectural details throughout. You will love the sun-filled living room with its cozy fireplace, charming beamed ceilings, natural gum wood, and wainscoting. The main level is perfect for gathering, offering a formal dining room, comfortable family room, powder room, and a large, delightfully renovated eat-in kitchen that opens right up to a lovely deck and fenced-in backyard. Upstairs, the second floor includes a serene primary suite with a private bath, three additional generous bedrooms, a family bathroom, and a flexible space that would make a wonderful home office or nursery. You'll also appreciate the great expansion potential with the walk-up third floor! As an added bonus, the lower level provides another full bath and versatile rooms that can easily adapt to your needs—whether you'd like a secondary family room, workout space, extra office, mudroom, or storage. This property is conveniently located within a short walk to local schools, Cushing Square, Belmont Center, and public transportation, including both train and bus options. It also offers easy access to major highways.
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 4,446 sq ft principal dwelling). Lot size: 8,112 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
Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood • Wine Cooler
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 24
Beamed Ceilings, Flooring - Hardwood, Archway
Dining Room
Lvl First13 x 17
Flooring - Hardwood, Wainscoting, Archway
Kitchen
Lvl First11 x 17
Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances
Office
Lvl Second6 x 9
Flooring - Hardwood
Family Room
Lvl First11 x 24
Flooring - Hardwood, Recessed Lighting
Primary Bedroom
Lvl Second11 x 21
Bathroom - 3/4, Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 25
Bedroom 3
Lvl Second11 x 16
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second12 x 16
Closet, Flooring - Hardwood
Bathroom 1
Lvl First6 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 11
Bathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second5 x 7
Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Property History
$2,199,000
Sep 9, 2026
MLS® 73574362
$2,300,000
Jul 1, 2026
MLS® 73509832
$2,300,000
Apr 29, 2026
MLS® 73509832
Listing Agent: Meg Shea
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73574362