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655 South St Waltham — Photo 1 of 19

655 South St Waltham — Photo 1 of 19

$1,350,000

Investment Analysis — 655 South St

Waltham, MA 02453

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02453 carries an estimated $4,050/mo in gross rent — about a 2.03% cap rate and $27,411/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4

SqFt

2,509

Style

Single Family

Built

1987

Set back from the street on an elevated, wooded lot, this spacious split-level home offers a rare combination of privacy, outdoor space and commuter convenience. Its approximately 0.52-acre setting includes a level, tree-lined backyard, an oversized deck overlooking the grounds and a covered patio below—inviting spaces for quiet mornings or entertaining. Inside, approximately 2,509 square feet of living area provides room to spread out. Double kitchen windows frame views of the backyard, while the generous living and dining area features soaring ceilings, abundant light and gleaming hardwood floors. The main level has three bedrooms, including a primary bedroom with an en suite bath. Downstairs, a large family room with a fireplace is joined by two additional bedrooms and a den. A separate entrance from the backyard gives guests or extended family added privacy. The home offers four bathrooms in total, central air, a new stacked washer and dryer, ample storage, an oversized one-car garage and driveway parking for three. Enjoy a quiet residential setting about a five-minute walk from Brandeis University and the Roberts commuter rail stop, with nearby cafés and restaurants and convenient access to I-90 and I-95. Inquire for details and schedule a tour.

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 2,509 sq ft principal dwelling). Lot size: 22,608 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$1,350,000
Annual Taxes$9,525

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementNone

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoning1

Property & Lot

Acres0.52
SqFt Lot22,608
Lot FeaturesLevel

Amenities & Appliances

Range • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Highway Access • University

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2
First
OfficeFamily RoomBedroom 5Bathroom 3
Main,Second
Living RoomKitchen
Living Room
Lvl Main,Second

Flooring - Hardwood

Kitchen
Lvl Main,Second

Flooring - Hardwood

Office
Lvl First

Closet, Flooring - Hardwood

Family Room
Lvl First

Flooring - Hardwood

Primary Bedroom
Lvl Second

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bedroom 5
Lvl First

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl First

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Diduca Properties

Listing Office: Commonwealth Standard Realty Advisors

MLS® Number: 73585442