948 Main St #202 Waltham — Photo 1 of 25
$490,000
Investment Analysis — 948 Main St #202
Waltham, MA 02453
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02453 carries an estimated $2,580/mo in gross rent — about a 2.64% cap rate and $12,960/yr in estimated NOI at the $490,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
782
Style
Condominium
Built
2016
This charming one bedroom one bathroom loft style condo at the Nathaniel at Banks Square is not one to miss! The open concept floor plan features a kitchen overlooking an expansive living/dining room with oversized windows, soaring ceilings, and plenty of discreet storage options. The spacious bedroom offers a closet and enough space for dressers and the bathroom has a shower and tub combo, washer and dryer, and custom original built-ins. Central air conditioning, a large private storage unit, and two deeded parking spaces. Remodeled in 2016, this professionally managed elevator building has unique amenities featuring a large auditorium, a gymnasium with a basketball court, and two visitor parking spaces. Convenient location close to shopping, popular Moody Street restaurants, the Waltham commuter rail, and Brandeis University. Easy access to 95, route 2, and the Mass Pike.
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 MLS and other third-party data may be inaccurate or out of date.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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Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Highway Access • Public School
Geography
Listing Agent: Zack Harwood Real Estate Group
Listing Office: Berkshire Hathaway HomeServices Warren Residential
MLS® Number: 73573797