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17 Galen Street Waltham — Photo 1 of 10

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$650,000
Annual Taxes$7,302

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementNone

Climate & Utilities

HeatingOil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.25
SqFt Lot10,690
Lot Features--

Amenities & Appliances

Water Heater

Neighborhood

Public Transportation • Park • Highway Access • House of Worship • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4
First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box

Kitchen
Lvl First
Primary Bedroom
Lvl First

Closet, Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl Second

Closet

Bedroom 4
Lvl Second

Closet

Bathroom 1
Lvl First

Bathroom - Full

Listing Provided By

Listing Agent: Dave Digregorio

Listing Office: Coldwell Banker Realty - Waltham

MLS® Number: 73574323