
63 Rockridge Road Waltham — Photo 1 of 42
$995,000
Investment Analysis — 63 Rockridge Road
Waltham, MA 02453 — Cedarwood
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02453 carries an estimated $4,050/mo in gross rent — about a 3.19% cap rate and $31,695/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
3,792
Style
Single Family
Built
1950
Highly Desirable Cedarwood Community with a rare and versatile guest suite. Full dormered Cape with younger 2002 rear addition set on a large fenced yard. Interior has been newly painted and hardwood floors have all been newly refinished. Main home features a fireplaced living room open to a full cabinet kitchen, formal dining room with chair rail, first floor bedroom and full tile bath, plus three newly carpeted second floor bedrooms and an additional full bath. Updates include younger windows, gas heat, and a finished basement. The rear 6 room guest suite lives like its own attached home and offers excellent flexibility for potential independent living, extended family, multigenerational living, au pair, guests, or private work from home space. Features include 1+ bedrooms, 1.5 baths, a younger kitchen, additional livingroom with sliders to a wraparound deck, office, high ceilings, and central air. Finished lower level family room and den with walkout access. Convenient to Route 128, Mass Pike, parks, public transportation, shopping, and restaurants.
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 3,792 sq ft principal dwelling). Lot size: 11,513 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
Climate & Utilities
Building & Exterior
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Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 13
Flooring - Hardwood, Open Floorplan
Dining Room
Lvl First13 x 13
Flooring - Hardwood, Chair Rail
Kitchen
Lvl First13 x 12
Flooring - Hardwood, Open Floorplan
Office
Lvl First8 x 6
Flooring - Hardwood
Family Room
Lvl Basement21 x 15
Flooring - Laminate
Primary Bedroom
Lvl Second20 x 11
Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second10 x 10
Bedroom 3
Lvl Second15 x 11
Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl First13 x 10
Closet, Flooring - Hardwood
Bedroom 5
Lvl First15 x 13
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Hans Brings Results
Listing Office: Coldwell Banker Realty - Waltham
MLS® Number: 73582282
