Investment Analysis — 31 Ellison Park

Waltham, MA 02452

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02452 carries an estimated $4,240/mo in gross rent — about a 2.88% cap rate and $30,260/yr in estimated NOI at the $1,049,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

2,754

Style

Single Family

Built

1950

Welcome to 31 Ellison Park, a refreshed four-bedroom, 3.5-bath single-family home offering generous space inside and out. Fresh interior and exterior paint, new carpeting, and newly painted kitchen cabinetry give the home a crisp, move-in-ready feel while preserving its classic character. Four well-sized bedrooms and multiple baths provide flexibility for everyday living, while the fully finished basement adds valuable bonus space for a family room, home office, gym, playroom, or guests. Outside, the sizable lot offers room to garden, entertain, or simply enjoy more privacy, and the one-car garage provides convenient parking and storage. Just minutes from Waltham Center and Moody Street, the home is close to restaurants, cafés, shops, commuter rail, and major routes including I-95/128, the Mass Pike, and Route 2. A rare combination of space, convenience, and suburban living with easy access to Boston and Cambridge.

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 2,754 sq ft principal dwelling). Lot size: 6,991 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.