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2 Days on market
23 Walnut St #23 Belmont — Photo 1 of 30

23 Walnut St #23 Belmont — Photo 1 of 30

$895,000

Investment Analysis — 23 Walnut St #23

Belmont, MA 02478 — Waverley

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02478 carries an estimated $4,000/mo in gross rent — about a 2.65% cap rate and $23,752/yr in estimated NOI at the $895,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

2,058

Style

Condominium

Built

1927

Tucked into Belmont’s lively Waverley Square neighborhood, this spacious 3-bedroom, 3-bath duplex offers the kind of room to spread out—inside and out—that’s hard to find in condo living. With 2,058 sq. ft. of finished space, including 1,683 sq. ft. on the main level plus a 375 sq. ft. lower level, the home has an easy, comfortable flow. Sunlight fills the expansive living room, where hardwood floors, original built-ins and French doors add warmth and character and open directly onto an oversized private deck. The kitchen connects to a bright dining area through a charming pass-through pantry, creating a natural flow for everyday meals and entertaining, while the dining area opens directly to the deck and yard beyond. Three bedrooms are located on the main level, including a generous primary suite with an updated private bath, while two additional updated baths and in-unit laundry make everyday living easy. Downstairs, the finished lower level offers valuable bonus space for a family room, home office, gym or guest area. The large deck overlooks an expansive shared yard with mature plantings, while a shared storage shed provides space for bikes, gardening gear and more. Amenities include two off-street parking spaces with an EV charger, a pet-friendly association, newer roof and terrific storage. All just steps to terrific shopping, Tatte Bakery, Pequossette Park and soccer field and the Waverley MBTA stop and bus line into Harvard Square.

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

Original Price$895,000
Annual Taxes$10,328
HOA Fee$200

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

First
Bathroom 1Bathroom 2
Basement
Family RoomBathroom 3
Main,First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

11 x 15

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl Main,First

13 x 11

Flooring - Hardwood, French Doors, Exterior Access

Kitchen
Lvl Main,First

23 x 12

Flooring - Stone/Ceramic Tile, Window(s) - Picture

Family Room
Lvl Basement

16 x 20

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl Main,First

11 x 21

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 2
Lvl Main,First

11 x 12

Bedroom 3
Lvl Main,First

15 x 7

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

5 x 9

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

5 x 6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Pedestal Sink

Bathroom 3
Lvl Basement

6 x 7

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Max Dublin Team

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73581680