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31 Days on market
31 Phillips Cir Waltham — Photo 1 of 37

31 Phillips Cir Waltham — Photo 1 of 37

Recent Drop: $20,000

$995,000
$975,000

$975,000

Investment Analysis — 31 Phillips Cir

Waltham, MA 02452

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02452 carries an estimated $4,240/mo in gross rent — about a 3.16% cap rate and $30,838/yr in estimated NOI at the $975,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,000

Style

Single Family

Built

1976

Move right into this beautifully updated home in a sought-after neighborhood near the Belmont line with views of Boston! You will love the open floor plan, the abundant natural light, newly installed gleaming hardwood floors, freshly painted interior and central air. The main level features a fireplaced living room that flows into the formal dining room and modern eat-in kitchen with skylight. There is also a family room with large windows that opens onto a Azek/Timber Tech deck—perfect for indoor-outdoor living. Three bedrooms with generous closets and spacious bath with dual sinks complete this level. The lower level offers a fourth bedroom with fireplace that could also serve as a den, plus a separate office, and bath with large walk in shower, and full laundry. Direct access to the one-car garage and additional storage in the utility area add everyday convenience. Additional highlights include a private yard framed by mature shrubbery, an irrigation system and a convenient exterior-access storage room.

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: 7,275 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.

Open Houses

Property Details

Financials

Original Price$995,000
Annual Taxes$7,831

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms9
Fireplaces2
FlooringTile, Hardwood, Engineered Hardwood, Flooring - Engineered Hardwood
BasementPartially Finished, Interior Entry

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
Zoning1

Property & Lot

Acres0.17
SqFt Lot7,275
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1
Basement
OfficeBedroom 4Bathroom 2
Main,First
Family Room
Living Room
Lvl First

16 x 13

Flooring - Hardwood

Dining Room
Lvl First

11 x 11

Flooring - Hardwood

Kitchen
Lvl First

11 x 11

Skylight, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid

Office
Lvl Basement

12 x 9

Flooring - Engineered Hardwood

Family Room
Lvl Main,First

15 x 11

Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Slider

Master Bedroom
Lvl First

15 x 12

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 9

Bedroom 3
Lvl First

10 x 9

Closet, Flooring - Hardwood

Bedroom 4
Lvl Basement

16 x 14

Fireplace, Closet, Flooring - Engineered Hardwood

Bathroom 1
Lvl First

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

Bathroom 2
Lvl Basement

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Handicap Accessible

Property History

Price Drop
$975,000

Was $995,000

Sep 9, 2026

MLS® 73562872

Listed
$995,000

Aug 12, 2026

MLS® 73562872

Listing Provided By

Listing Agent: Lori Orchanian

Listing Office: Coldwell Banker Realty - Belmont

MLS® Number: 73562872