30 Colonial Avenue Waltham — Photo 1 of 42
$960,000
Investment Analysis — 30 Colonial Avenue
Waltham, MA 02453
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02453 carries an estimated $3,670/mo in gross rent — about a 2.59% cap rate and $24,826/yr in estimated NOI at the $960,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,389
Style
Single Family
Built
1940
Welcome to this sensational 3/4-bedroom Cape, filled with gorgeous natural sunlight and offering a wonderful blend of charm and comfort, with glowing hardwood floors throughout. The fireplaced living room provides a cozy place to gather, while the dramatic cathedral-ceiling family room adds an impressive area to host friends and family. The kitchen features stainless steel appliances, granite countertops, and easy access to a fabulous 14' x 13' entertaining deck. With two full baths—one on each level—including a spacious second-floor bath with double vanity, this home offers wonderful flexibility and convenience. Central A/C, a new heating system, generous bedroom space, and garage parking add to the comfort and appeal. Step outside and discover a gardener’s dream! The beautifully manicured fenced-in backyard has been lovingly and carefully maintained, with colorful flowers and mature plantings creating a peaceful private retreat. All this in a fabulous Rangely Acres location on the Newton/Watertown line, just a skip away from the Gore Estate, shops, restaurants, and area amenities. A truly special home where beautiful spaces, thoughtful care, and an exceptional setting come together. Open houses Friday, Saturday and Sunday.
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 2,389 sq ft principal dwelling). Lot size: 8,037 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21 x 13
Flooring - Hardwood, Lighting - Sconce
Dining Room
Lvl First14 x 13
Flooring - Hardwood, Wainscoting
Kitchen
Lvl First22 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Deck - Exterior, Stainless Steel Appliances, Gas Stove
Family Room
Lvl First23 x 12
Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Archway
Primary Bedroom
Lvl Second21 x 12
Flooring - Hardwood
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl First9 x 9
Flooring - Hardwood
Listing Agent: Elizabeth Hays Noonan
Listing Office: RE/MAX On the Charles
MLS® Number: 73577785
