$3,775,000
↓ $125K (3.2%)
●
House -
For Sale
308 Musterfield Road
Concord, MA 01742
4 Beds
3 Baths,
2
Half Baths
4,628 Ft²
$22,351
Est. Monthly
About This Property
Stunning pond views highlight this property set in coveted
Nashawtuc Hill, blending timeless elegance w/its natural
surroundings. Set on 7.4 acres this unique & private property
extends to the river & neighbors nearby conservation land & access
to miles of walking trails. Designed for both relaxation & easy
living, this 4 BR/5 Bath home features light filled welcoming
spaces including an enlarged Kitchen, FamRoom, DR & LR, with a 2nd
floor featuring a gracious primary suite, laundry, flexible BR
spaces, and & additional en-suite BR. Season after season,
enjoy the breathtaking pond ideal for fishing, skating, and heron
watching! Host a gathering on the expansive patio or enjoy the
outdoors through the picture windows & French doors. Ideal for
entertaining, this home is a testament to elegance & sophistication
paired with the comfort & serenity of a suburban feel. Minutes from
HISTORIC Concord Center, trains, shops & more! Experience the
pinnacle of Concord living - PRICELESS VIEWS!!
Unit Size
4,628 Ft²
Days on Market
-
Land Size
7.40 acres
Price per sqft
$816
Property Type
House
Property Taxes
$3,815
HOA Dues
-
Year Built
1972
Listed By
Betsy Dorr
Barrett Sotheby's International Realty
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 16 days ago (MLSPIN #73485152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2026 | Price Decreased |
$3,775,000
↓ $125K
(3.2%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by LandVest, Inc., Concord | $3,900,000 | |
| Listed by LandVest, Inc., Concord | |||
| Nov 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 17, 2025 | Listed by Barrett Sotheby's International Realty | $4,200,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| | |||
|
Set in coveted Nashawtuc Hill, this property blends timeless elegance w/ its natural surroundings highlighted by stunning sunset pond views! Set on 7.4 acres this unique & special property neighbors conservation land & nearby access to miles of walking trails! Designed for both relaxation & easy living, this 4 BR/5 Bath home features light filled welcoming pond view spaces including an enlarged Kitchen,FamRoom, DR & LR, with a 2nd floor featuring a gracious primary suite, laundry, & flexible BR spaces, including an additional en-suite BR. Season after season, enjoy the breathtaking pond ideal for fishing, skating, and heron watching! Host a gathering on the expansive patio or enjoy the outdoors through the picture windows & French doors. Ideal for outdoor entertaining, this home is a testament to elegance & sophistication paired with the comfort & serenity of a suburban feel. Minutes from Concord Center, train, shops & more! Experience the pinnacle of Concord living - PRICELESS VIEWS!
| |||
| Aug 15, 1995 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Storage, Paved, Off Street, Paved
Garage Spaces: 2
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: Wet Bar, Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan, Entrance Foyer, Closet/Cabinets - Custom Built, Cabinets - Upgraded, Slider, Bathroom - Half, Closet - Linen, Closet, Lighting - Pendant, Lighting - Overhead, Study, 1/4 Bath, Internet Available - Unknown
Appliances: Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Tile, Carpet, Hardwood, Stone / Slate, Flooring - Wall to Wall Carpet, Flooring - Hardwood
Door Features: French Doors
Laundry Features: Electric Dryer Hookup, Closet/Cabinets - Custom Built, Second Floor
Rooms: 10
Has Fireplace
Fireplace Features: Family Room, Living Room
Fireplaces: 3
Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished, Garage Access, Radon Remediation System
Exterior Details
Square Footage: 4628
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1972
Waterfront Features: Waterfront, Pond, Direct Access, Private
Building Area Total: 4628
Building Area Units: Square Feet
Window Features: Storm Window(s), Screens, Window(s) - Picture
Construction Materials: Frame
Patio and Porch Features: Screened, Patio
Lot Features: Wooded, Gentle Sloping, Level
Lot Size Area: 7.4
Lot Size Units: Acres
Lot Size Acres: 7.4
Lot Size Square Feet: 322344
Water Source: Public
Financial Details
Tax Assessed Value: $3,507,700
Tax Annual Amount: $45,776
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Oil, Fireplace(s)
Sewer : Private Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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