
91 Grove Street Waltham — Photo 1 of 19
$1,100,000
Investment Analysis — 91 Grove Street
Waltham, MA 02453
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 2.68% cap rate and $29,426/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,000
Style
Single Family
Built
1948
Welcome to this beautifully renovated 4-bedroom Cape offering a wonderful combination of classic charm, modern updates, and flexible living space. The home features a spacious updated kitchen with abundant cabinetry, a warm and inviting fireplaced living room accented by crown molding, and a charming eat-in dining area. Gleaming hardwood floors flow throughout much of the home, adding warmth and timeless appeal.The main level offers generously sized bedrooms and a full bathroom, while the upper level features two spacious bedrooms with ample closet space.The fully finished and heated lower level provides exceptional additional living space, including a private bedroom and a modern full bathroom—ideal for extended family, guests, a home office, or a potential in-law setup. An additional room with its own full bathroom has also been recently added, providing even greater flexibility for today’s lifestyle.Outside, enjoy a level, fenced-in yard offering privacy and plenty of space for entertaining, gardening, or relaxing, along with a convenient storage shed. The recently paved driveway and parking area enhance the property’s curb appeal while providing ample off-street parking. With a beautifully renovated kitchen, gleaming hardwood floors, updated bathrooms, finished lower-level living space, additional room and bath, and newly paved parking area, this move-in-ready home offers comfort, versatility, and exceptional value. A fantastic opportunity to own a thoughtfully updated home with plenty of space to grow, entertain, and enjoy. Don’t miss it!
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 2,000 sq ft principal dwelling). Lot size: 2,750 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
Gas Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl FirstProperty History
$1,100,000
Sep 7, 2026
MLS® 73572700
$925,000
Jul 31, 2025
MLS® 73331325
$925,000
Jan 31, 2025
MLS® 73331325
Listing Agent: Ivan Romero
Listing Office: Palace Realty Boston
MLS® Number: 73572700
