Active

138 Days on market

236 Lake Street Waltham — Photo 1 of 40

Recent Drop: $45,100

$1,295,000

$1,249,900

Investment Analysis — 236 Lake Street

Waltham, MA 02451 — Lakeview

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 1.88% cap rate and $23,487/yr in estimated NOI at the $1,249,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

4.5

SqFt

2,500

Style

Single Family

Built

2026

SELLER FINANCING AVAILABLE! Welcome to Mount Lake Villa! Brand-New Construction Single-Family home with views of Hardy Pond, offering four finished levels of easy living. This home features hardwood floors throughout and custom windows with tempered glass designed to maximize natural light. The state-of-the-art kitchen boasts a quartz island, stainless steel Bosch appliances, and custom cabinetry—perfect for both cooking and entertaining. The second and third floors are complete with three en suite bedrooms, including a spacious primary suite with a walk-in closet. The fully finished lower level offers flexible space for a recreation room, playroom, or additional living area. Enjoy outdoor living with a private yard and patio, or take advantage of the park across the street and fishing on Hardy Pond. Walk to MacArthur Elementary School and public transportation. With quick access to Route 128, Route 2, and the Mass Pike, commuting is a breeze.

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 2,500 sq ft principal dwelling). Lot size: 3,200 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.