863 Concord Ave
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 3, 2025 | Price Decreased |
$6,499,000
↓ $251K
(3.7%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed | $6,750,000 | |
| Listed | |||
| | |||
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863 Concord Ave. is an exceptional residence built in 2022 and nestled on over 1.8 private acres in Belmont, where luxury meets timeless design. As you step through the grand double-story foyer, you are greeted by an elegant winding staircase, setting the tone for the high quality craftsmanship that awaits you. This expansive home boasts over 8,500 square feet of thoughtfully designed living space across four finished levels. With 7 bedrooms and 7.5 baths, it provides ample room for both family living and entertaining. Every corner of this home showcases beautiful design work and high-end finishes, from the gourmet kitchen with top-of-the-line appliances to the inviting living areas adorned with fine millwork and details. The floorplan flows seamlessly, allowing for both intimate gatherings and grand celebrations. Step outside to discover your own private oasis, where lush landscaping envelops the property, offering tranquility that is surrounded by conservation land in the back.
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| Jan 10, 2019 | Sold | ||
| Sold | |||
| Mar 27, 2018 | Listed by Bean Group | $1,850,000 | |
| Listed by Bean Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017