42 Newton Street Waltham — Photo 1 of 35
$619,900
Investment Analysis — 42 Newton Street
Waltham, MA 02453
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02453 carries an estimated $3,060/mo in gross rent — about a 4.09% cap rate and $25,370/yr in estimated NOI at the $619,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,382
Style
Single Family
Built
1880
A rare opportunity to own a piece of Waltham history! Situated along one of Waltham’s earliest roadways, this charming Cape offers a unique combination of historic character and modern improvements. Newly remodeled kitchen features new quartzite counters, new stainless steel appliances, and new tile backsplash. Large fireplaced living room with gleaming hardwood floors. Welcoming entry foyer. Newly repainted interior and new first-floor tile bath. Large bedrooms including a primary bedroom with dual closets. Additional improvements include all new windows in 2017, newer roof, newer heating system, vinyl siding in 2020, and smart thermostats. Basement offers laundry and additional storage. Outside, enjoy a huge private fenced-in patio and yard area with storage shed, perfect for entertaining, relaxing, or gardening. A terrific condo alternative offering the privacy and outdoor space of a single-family home in a convenient Waltham location.
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: 691 sq ft (the lesser of 900 sq ft or half the 1,382 sq ft principal dwelling). Lot size: 3,036 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.
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Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
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Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 14
Flooring - Hardwood
Kitchen
Lvl First13 x 13
Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Primary Bedroom
Lvl Second14 x 12
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second16 x 14
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Hans Brings Results
Listing Office: Coldwell Banker Realty - Waltham
MLS® Number: 73581276