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12 Grove St #2 Waltham — Photo 1 of 29

12 Grove St #2 Waltham — Photo 1 of 29

$1,399,900

Investment Analysis — 12 Grove St #2

Waltham, MA 02453

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02453 carries an estimated $4,050/mo in gross rent — about a 1.51% cap rate and $21,164/yr in estimated NOI at the $1,399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,012

Style

Condominium

Built

2016

Welcome to RESIDENCES AT GROVE, an elegant townhouse community ideally situated across from the historic Gore Estate. This thoughtfully designed residential development features just fourteen residences across seven two-family buildings, offering an exceptional combination of space, style, and convenience. Spanning approximately 3,000+/- sq. ft., this residence offers a versatile layout designed for both everyday living and entertaining. The main level features a fireplaced living room and an open-concept kitchen and dining area with direct access to a spacious deck. The gourmet kitchen is appointed with stainless steel appliances, a wall oven, and an oversized island with seating for five or more. The primary suite offers an oversized walk-in closet and luxurious en-suite bath. The walk-out first level provides additional living space with a family room, office, full bath, and mudroom. In the lower level you will find an awesome family/bonus room plus an additional bedroom w/full bath and storage. High ceilings throughout enhance the home’s bright, airy feel. Exclusive-use outdoor space includes a large maintenance-free deck, stone paver patio with privacy plantings, two-car driveway, and attached two-car garage. Ideally located near the Watertown and Newton lines with convenient access to Boston, Residence at Grove offers sophisticated townhouse living in one of Waltham’s most desirable settings.

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.

Property Details

Financials

Original Price$1,399,900
Annual Taxes$10,168
HOA Fee$467

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms12
Fireplaces1
FlooringHardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoning0

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Disposal • Range • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Conservation Area

Geography

Listing Provided By

Listing Agent: The Sarkis Team

Listing Office: Douglas Elliman Real Estate - The Sarkis Team

MLS® Number: 73580889