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46 Dobbins Street Waltham — Photo 1 of 35

46 Dobbins Street Waltham — Photo 1 of 35

$699,900

Investment Analysis — 46 Dobbins Street

Waltham, MA 02451

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02451 carries an estimated $4,220/mo in gross rent — about a 4.99% cap rate and $34,942/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

1

SqFt

1,080

Style

Single Family

Built

1962

Sunny and bright, well maintained, 2/3 bedroom ranch in a lovely neighborhood. Third bedroom offers flexible options for uses....a family room or a home office with direct entry. Space and plans available for potential master bath. Formal living room with picture window. Beautiful hardwood floors. Updated kitchen and bath. Energy efficient gas heat. Large, unfinished, clean basement for extra expansion possibilities. Fenced rear yard! An excellent opportunity! Prime convenient location!

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: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 5,489 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 MLS and other third-party data may be inaccurate or out of date.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$699,900
Annual Taxes$3,544.2

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringHardwood
BasementFull, Interior Entry, Bulkhead

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.13
SqFt Lot5,489
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Main,First
Family Room
Living Room
Lvl First

15 x 11

Flooring - Hardwood, Window(s) - Picture

Kitchen
Lvl First

14 x 11

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Cable Hookup, Exterior Access, Recessed Lighting, Gas Stove

Family Room
Lvl Main,First

13 x 21

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Cable Hookup, Exterior Access, Recessed Lighting

Master Bedroom
Lvl First

12 x 11

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 9

Bathroom 1
Lvl First

8 x 5

Bathroom - Full, Bathroom - With Tub & Shower

Listing Provided By

Listing Agent: Glenna Gelineau

Listing Office: Gelineau & Associates, R.E.

MLS® Number: 73573961