
346 Weston Street Waltham — Photo 1 of 36
$769,900
Investment Analysis — 346 Weston Street
Waltham, MA 02453 — Lower Cedarwood
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02453 carries an estimated $3,670/mo in gross rent — about a 3.35% cap rate and $25,773/yr in estimated NOI at the $769,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,041
Style
Single Family
Built
1955
This gorgeous home is offering over 2,000 sq. ft. of character-filled quad-level living in the desirable Cedarwood area of Waltham. Rich hardwood floors, a wood-burning fireplace, beamed ceiling and custom built-ins create a warm, inviting setting designed for both everyday comfort and memorable gatherings. The granite kitchen features a center island, generous cabinetry and a dining area that opens seamlessly to the composite deck and expansive fenced backyard—perfect for outdoor dining, entertaining and relaxed summer afternoons. Three spacious bedrooms are thoughtfully arranged across two upper levels, including a private primary retreat with French doors, custom built-ins and excellent closet space. The renovated bath features a double vanity and tiled tub, offering both style and convenience.Outside, enjoy a beautifully established, very spacious back yard with a composite deck, patio, beautiful gardens for your gardening allure and a newer storage shed to store anything outdoor related. Notable updates include conversion to natural gas, a Burnham furnace and water heater installed in 2022, a replaced water main and newer appliances. An attached garage adds everyday ease, while convenient access to the Weston Rail Trail invites walking, biking and time outdoors. This exceptional residence combines distinctive architectural character, versatile living space and an enviable lifestyle location - close to major highways, transportation and the wonderful Market Street shopping locale and so much more!
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 2,041 sq ft principal dwelling). Lot size: 9,252 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.
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Interior Specifications
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Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second18 x 13
Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture, Exterior Access, Recessed Lighting
Kitchen
Lvl Second11 x 12
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Slider
Primary Bedroom
Lvl Fourth Floor16 x 14
Ceiling Fan(s), Walk-In Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors
Bedroom 2
Lvl Third14 x 11
Bedroom 3
Lvl Third10 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl Third5 x 9
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First5 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Dryer Hookup - Gas, Wainscoting
Listing Agent: Adriana Scholz
Listing Office: Coldwell Banker Realty - Waltham
MLS® Number: 73572790