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70 School St Waltham — Photo 1 of 17

70 School St Waltham — Photo 1 of 17

Recent Drop: $200,000

$1,500,000
$1,300,000

$1,300,000

Investment Analysis — 70 School St

Waltham, MA 02452

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02452 carries an estimated $3,840/mo in gross rent — about a 2.26% cap rate and $29,430/yr in estimated NOI at the $1,300,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,970

Style

Single Family

Built

1775

Historic Elegance Meets Modern Luxury – Located in Waltham center, this beautifully renovated 1775 Greek Revival blends period charm with modern upgrades. Featuring 3 bedrooms, 2.5 baths, and 4 decorative fireplaces, this home offers a chef’s kitchen with Thermador appliances, wine fridge, walk-in pantry, and mudroom. Formal living and dining rooms, plus a spacious family room, provide ideal entertaining space. The primary suite boasts a steam shower and custom Elsa closet systems. A dedicated home office and tech closet with gigabyte ethernet to every room, support modern living. Central air, tankless water heater, upstairs laundry, and dual high-efficiency furnaces add everyday comfort. Enjoy the wrap-around porch, 2-car garage, full basement, and attic with expansion potential. This historic home seamlessly combines 18th-century character with 21st-century convenience. Shown by appointment.

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 2,970 sq ft principal dwelling). Lot size: 6,098 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.

Property Details

Financials

Original Price$1,500,000
Annual Taxes$5,590.84

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Flooring - Hardwood
BasementFull, Bulkhead

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
Zoning101

Property & Lot

Acres0.14
SqFt Lot6,098
Lot FeaturesEasements

Amenities & Appliances

Gas Water Heater • Tankless Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Unknown
Office
Living Room
Lvl First

14.166666666 x 15.25

Flooring - Hardwood

Dining Room
Lvl First

13.666666666 x 10.916666666

Flooring - Hardwood

Kitchen
Lvl First

15.166666666 x 28.25

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Slider, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant, Lighting - Overhead

Office
Lvl null

8.666666666 x 7.916666666

Flooring - Hardwood

Family Room
Lvl First

19.333333333 x 15.25

Flooring - Hardwood

Primary Bedroom
Lvl Second

15.166666666 x 18.916666666

Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Dressing Room, Lighting - Overhead, Pocket Door

Bedroom 2
Lvl Second

14.583333333 x 15.416666666

Bedroom 3
Lvl Second

14.583333333 x 15.416666666

Flooring - Hardwood

Bathroom 1
Lvl First

5.666666666 x 5.083333333

Bathroom - Half

Bathroom 2
Lvl Second

8.5 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 3
Lvl Second

8.75 x 11.833333333

Bathroom - 3/4, Closet - Linen, Steam / Sauna

Property History

Listed
$5,000

Aug 6, 2026

MLS® 73560472

Price Drop
$1,300,000

Was $1,500,000

Jun 2, 2026

MLS® 73447323

Listed
$1,500,000

Oct 23, 2025

MLS® 73447323

Listing Provided By

Listing Agent: Charles River Properties Group

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73447323