44 Raffaele Drive Waltham — Photo 1 of 30
Recent Drop: $24,000
$1,475,000
Investment Analysis — 44 Raffaele Drive
Waltham, MA 02452
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02452 carries an estimated $4,240/mo in gross rent — about a 1.68% cap rate and $24,804/yr in estimated NOI at the $1,475,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,816
Style
Single Family
Built
1992
Pigeon Hill gem with stunning Blue Hills views! Set high on a beautiful south-facing parcel in one of Waltham’s most coveted neighborhoods, this pristine, move-in-ready Colonial offers exceptional comfort, location, and lifestyle. Crisp hardwood floors, a wonderful kitchen with stone countertops, tile backsplash and adjoining eating area, plus a spacious family room perfect for gathering. Upstairs features four generous bedrooms, including a beautifully appointed primary suite with a fabulous walk-in closet. Central AC to keep things cool. Enjoy the expansive deck overlooking a lush, fenced rear yard with gorgeous plantings, trees for privacy and built-in irrigation—ideal for entertaining or relaxing. Two-car garage and a large unfinished basement offering excellent potential for future living space. Close to Veterans Field, trails at Prospect Hill Park, Gann Academy and Bentley University, with quick access to Route 128. A rare opportunity to get into this highly sought-after neighborhood. Don’t miss this special home!
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 2,816 sq ft principal dwelling). Lot size: 12,196 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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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Medical Facility • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 16
Flooring - Hardwood
Dining Room
Lvl First14 x 14
Flooring - Hardwood, Crown Molding
Kitchen
Lvl First24 x 13
Flooring - Stone/Ceramic Tile, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting
Family Room
Lvl First20 x 21
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl Second22 x 16
Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second13 x 14
Bedroom 3
Lvl Second12 x 12
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second11 x 13
Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 10
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl null8 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$1,475,000
Was $1,499,000
Sep 10, 2026
MLS® 73568607
$1,499,000
Aug 26, 2026
MLS® 73568607
$1,400,000
Sep 30, 2024
MLS® 73260906
$1,499,900
Jul 8, 2024
MLS® 73260906
Listing Agent: The Murphy Group Lexington
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73568607
