
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First15 x 11
Flooring - Hardwood, Window(s) - Picture
Kitchen
Lvl First14 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Cable Hookup, Exterior Access, Recessed Lighting, Gas Stove
Family Room
Lvl Main,First13 x 21
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Cable Hookup, Exterior Access, Recessed Lighting
Master Bedroom
Lvl First12 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl First11 x 9
Bathroom 1
Lvl First8 x 5
Bathroom - Full, Bathroom - With Tub & Shower
Listing Agent: Glenna Gelineau
Listing Office: Gelineau & Associates, R.E.
MLS® Number: 73573961