Active
19 Days on market
35 Hillcrest St. Waltham — Photo 1 of 12

35 Hillcrest St. Waltham — Photo 1 of 12

$375,000

Investment Analysis — 35 Hillcrest St.

Waltham, MA 02451

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02451 carries an estimated $2,960/mo in gross rent — about a 6.03% cap rate and $22,610/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

464

Style

Single Family

Built

1930

ATTENTION BUILDERS, FLIPPERS, INVESTORS & VISIONARY HOME BUYERS: Rare opportunity to create something special and get into highly desirable Waltham at an incredible price! Property currently offers 464 sqft of living area. Stamped Architectural Plans propose expansion to 614 Sqft! A cozy single-family featuring a spacious bedroom and a bonus room/walk-in-closet, a living room, eat-in kitchen, and bathroom on one level with room to expand on lower level and a spacious backyard. Conveniently located near Waltham’s vibrant restaurants and shops, Hardy Pond, public transportation, and area amenities with excellent commuter access to I-95/128, Route 2, I-90. 'Old Lot' Status has been approved by the City of Waltham, confirming the lot’s status as a legally buildable lot despite not meeting current dimensional zoning requirements. This approval helps preserve the property’s development potential, subject to applicable zoning, permitting, and building requirements. Stamped architectural plans, contractor quote/budget & scope of work included—giving you a head start to renovate, expand & build equity. Property may also be a candidate for renovation financing - subject to buyer, property eligibility, and lender approval. Bring your vision and unlock the potential of this unbeatable location. Schedule your showing today!

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: 232 sq ft (the lesser of 900 sq ft or half the 464 sq ft principal dwelling). Lot size: 2,849 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$375,000
Annual Taxes$4,385

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Vinyl
BasementPartial, Walk-Out Access, Unfinished

Climate & Utilities

HeatingOil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone
ZoningRA3

Property & Lot

Acres0.07
SqFt Lot2,849
Lot FeaturesWooded, Sloped

Amenities & Appliances

Range

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Laundromat

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomBathroom 1
Main,First
KitchenPrimary Bedroom
Living Room
Lvl First

Flooring - Vinyl, Window(s) - Picture

Kitchen
Lvl Main,First

Exterior Access

Primary Bedroom
Lvl Main,First

Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture

Bathroom 1
Lvl First

Property History

Listed
$375,000

Aug 25, 2026

MLS® 73568160

Sold
$260,000

Aug 13, 2025

MLS® 73398300

Listed
$299,900

Jun 30, 2025

MLS® 73398300

Listing Provided By

Listing Agent: The Denman Group

Listing Office: eXp Realty LLC

MLS® Number: 73568160