17 Galen Street Waltham — Photo 1 of 10
$650,000
Investment Analysis — 17 Galen Street
Waltham, MA 02451 — HIGHLANDS
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02451 carries an estimated $4,660/mo in gross rent — about a 5.41% cap rate and $35,197/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,365
Style
Single Family
Built
1940
HIGHLY DESIRABLE HIGHLANDS LOCALE! TLC NEEDED! Bright three-bedroom Cape Cod -style home featuring spacious E-I-K, sun-filled living room w/bay window, hardwood flooring (under carpeting), updated heating and hot water, ready to finish lower level, large yard, ample parking, and much more! Walk to Leary Field, public transportation, and shops! Quick access to Rte 128, Rte 2, and Mass Pike!
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: 683 sq ft (the lesser of 900 sq ft or half the 1,365 sq ft principal dwelling). Lot size: 10,690 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater
Neighborhood
Public Transportation • Park • Highway Access • House of Worship • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstPrimary Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset
Bedroom 4
Lvl SecondCloset
Bathroom 1
Lvl FirstBathroom - Full
Listing Agent: Dave Digregorio
Listing Office: Coldwell Banker Realty - Waltham
MLS® Number: 73574323
