28-32 Calvary Street Waltham — Photo 1 of 41
$1,699,999
Investment Analysis — 28-32 Calvary Street
Waltham, MA 02453
Based on rent reported on the MLS listing, a 3-unit multi-family in 02453 carries $8,200/mo in gross rent — about a 3.77% cap rate and $64,148/yr in estimated NOI at the $1,699,999 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
4.5
SqFt
3,702
Style
3 Family - 3 Units Side by Side
Built
1860
Rarely available! This beautiful Townhouse-style three-family is nestled in Waltham's coveted South Side, mere minutes from major highways and a short stroll to the lively Moody Street & Purple Line. Corner units underwent complete gut renovations from 2021-2023, including new electrical, plumbing, HVAC, roof, & layout. The 1st renovated unit offers formal living, dining, kitchen, & laundry on the main floor, with 3 bdrms & 1 bathroom upstairs, plus a spacious basement for storage. The middle unit features a kitchen, living area, bdrm, & full bath on the ground floor, with a 2nd floor comprising a full bath, bdrm, & sizable family room, convertible to an additional bdrm. The end unit, also renovated, boasts formal living, dining, kitchen, & half bath on the 1st level, with 3 bdrms & 1 full bath upstairs, along with its own large basement for storage & laundry. End units are leased at market rates, while the middle unit operates on TAW. Ideal long term investment or condo conversion!
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 MLS and other third-party data may be inaccurate or out of date.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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Property History
$3,350
Jul 6, 2026
MLS® 73545162
$1,699,999
Jul 3, 2025
MLS® 73399459
$1,699,999
Jun 30, 2025
MLS® 73250279
$3,300
Oct 1, 2024
MLS® 73279581
$3,300
Aug 20, 2024
MLS® 73279581
$1,699,999
Jun 11, 2024
MLS® 73250279
Listing Agent: Nicholas Neu
Listing Office: Advantage Property Team LLC
MLS® Number: 73399459