Active
46 Days on market
15 Oak Road Waltham — Photo 1 of 33

15 Oak Road Waltham — Photo 1 of 33

Recent Drop: $45,000

$885,000
$840,000

$840,000

Investment Analysis — 15 Oak Road

Waltham, MA 02451

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02451 carries an estimated $4,220/mo in gross rent — about a 3.78% cap rate and $31,713/yr in estimated NOI at the $840,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,240

Style

Single Family

Built

1965

In-Law / Au Pair Potential in desirable North Waltham! Welcome to this versatile renovated home featuring a fully finished lower level tailored for multigenerational living or a guest suite. The upper-level features gleaming hardwood floors throughout, a spacious living area with fireplace, three bedrooms, and a full bath. Large kitchen with updated cabinets and butcher block counters. Kitchen opens up to a tiled deck with potential for enclosing for four season usage. The lower level is complete with a full bath, private kitchenette (equipped with full size stainless refrigerator, sink, and microwave), and pre-wired connections for an electric stove/cooktop. This space offers exceptional independence and flexibility! Step outside on your deck which is located in your private, fully fenced-in backyard. Complete with a 1 car garage and extra driveway parking, this home is located on the desirable Lexington Line, within walking distance to Graverson playground, and just minutes from vibrant Moody Street and major commuter routes (I-95/Route 128). Letter of Full Lead Inspection Compliance issued in 2014. Following is the list of improvements: 2014 -- Replaced roof -- Replaced soffits and facias -- Rewired all electrical -- Replaced all light fixtures -- Installed hardwood fooring in kitchen -- Replaced all kitchen cabinets and countertops -- Smooth ceilings throughout upper level except bedrooms -- Smooth ceilings throughout lower level -- First level bath: replaced bathtub, toilet, vanity, light fixtures -- Second level bath: installed ceramic tiled shower, vanity, toilet, light fixtures -- Added lower-level kitchenette (wood cabinets, butcher block counters, full-size stainless-steel refrigerator, dishwasher, microwave, sink with disposal) -- Installed ceramic tile fooring throughout the lower level -- Replaced all interior and exterior doors -- Radon remediation system -- Tiled back deck-- Installed mahogany front deck, brick walkway with granite steps 2015 -- Refinished all hardwood floors 2016 -- New 55-gallon water heater 2024 -- Replaced oil tank 2026 -- Stained front and back decks -- Repainted all interior and exterior doors -- Painted door trims, fascia, and soffits-- Sealed driveway.

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 2,240 sq ft principal dwelling). Lot size: 6,660 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

Original Price$885,000
Annual Taxes$6,773

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces2
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Interior Entry, Garage Access, Radon Remediation System

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-1

Property & Lot

Acres0.15
SqFt Lot6,660
Lot FeaturesWooded

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Second Dishwasher • Stainless Steel Appliance(s)

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Family RoomBathroom 2
First
Living RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl First

Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl First

Flooring - Hardwood, Dining Area, Countertops - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting

Family Room
Lvl Second

Closet, Flooring - Stone/Ceramic Tile, Recessed Lighting

Primary Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$840,000

Was $865,000

Aug 21, 2026

MLS® 73556308

Price Drop
$865,000

Was $885,000

Aug 7, 2026

MLS® 73556308

Listed
$885,000

Jul 29, 2026

MLS® 73556308

Sold
$269,000

Jul 14, 2010

MLS® 71100489

Listed
$299,900

Jun 24, 2010

MLS® 71100489

Listing Provided By

Listing Agent: Diane Mahalati

Listing Office: Schruender Realty

MLS® Number: 73556308