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346 Weston Street Waltham — Photo 1 of 36

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.

View Standard Listing

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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Property Details

Financials

Original Price$769,900
Annual Taxes$7,697

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Concrete, Hardwood
BasementInterior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s), None
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
Zoning1

Property & Lot

Acres0.21
SqFt Lot9,252
Lot Features--

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

Third
Bedroom 2Bedroom 3Bathroom 1
Second
Living RoomKitchen
First
Bathroom 2
Fourth Floor
Primary Bedroom
Living Room
Lvl Second

18 x 13

Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture, Exterior Access, Recessed Lighting

Kitchen
Lvl Second

11 x 12

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Slider

Primary Bedroom
Lvl Fourth Floor

16 x 14

Ceiling Fan(s), Walk-In Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors

Bedroom 2
Lvl Third

14 x 11

Bedroom 3
Lvl Third

10 x 12

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl Third

5 x 9

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

5 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Dryer Hookup - Gas, Wainscoting

Listing Provided By

Listing Agent: Adriana Scholz

Listing Office: Coldwell Banker Realty - Waltham

MLS® Number: 73572790