148 Main St Waltham — Photo 1 of 35
$1,700,000
Investment Analysis — 148 Main St
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 1.33% cap rate and $22,539/yr in estimated NOI at the $1,700,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
4,514
Style
Single Family
Built
2022
Exceptional 2023-built luxury home offering 4,500+ sq ft of beautifully finished living space. A welcoming foyer leads to a stylish dining bar with custom cabinetry & wine fridge, opening to the living room, dining area & spectacular island kitchen. The kitchen/pantry is a true showstopper with 2 sinks, 2 dishwashers, abundant high-end cabinetry & elegant stone counters. Multiple sliders open to a level fenced yard & stone patio, creating an ideal indoor/outdoor entertaining space. Impressive ceiling heights, abundant natural light & spacious rooms create a fresh, airy feel throughout. Upstairs features 3 large bedrooms, each with en-suite bath, office, dedicated laundry & walk-in closets. The stunning primary suite offers a spa-like bath, soaking tub, oversized shower & private water closet. Finished lower level adds a bedroom, bath, living area & gaming/ping-pong space. A 2-car garage with electric vehicle charger adds convenient access to parks, schools, restaurants & major roadways.. Plus, 1,200+ sq ft of unfinished attic space offers tremendous potential for future expansion & added value.
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: 900 sq ft (the lesser of 900 sq ft or half the 4,514 sq ft principal dwelling). Lot size: 7,610 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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Amenities & Appliances
Gas Water Heater • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer
Geography
Property History
$1,700,000
Sep 15, 2026
MLS® 73577128
$1,800,000
Jul 14, 2026
MLS® 73505292
$1,800,000
Apr 22, 2026
MLS® 73505292
Listing Agent: Ad Advisors Team
Listing Office: Block Realty
MLS® Number: 73577128