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257 Waverley St, Belmont MA 02478

$1,399,000

Estimated $3,502/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $699,500

Total Rent: 36000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2636

Total Parking: 4

4,275 (0.10)

Renovated and well maintained two-family on a corner lot between Waverley Square and Belmont Center, with major updates already done: foundation reinforced and basement waterproofed (2022), new roof (2024), new insulation, shingles and Trex back porches (2025), exterior paint (2025), new water line from the street, and full rewiring. The first floor unit has 2 bedrooms and 1 bath, a renovated kitchen with granite counters and stainless steel appliances, living room, dining room, and a large pantry with laundry. The second floor unit spans two levels with 4 bedrooms and 1 bath, a renovated kitchen with granite counters and stainless steel appliances, living room, dining room, large pantry, in-unit laundry and a private deck. The third floor offers an open primary bedroom with vaulted ceilings and a 4th bedroom, with water, sewer and gas lines already in place for a second full bath and a gas fireplace. 4+ off-street parking spaces. The first floor unit is rented for $3,000 until 6/30/27, and the second floor unit will be delivered vacant. A great fit for an investor, an owner-occupant offsetting the mortgage with rental income, or multigenerational living. Close to the Waverley and Belmont Center commuter rail stops (to Porter Square and North Station), shopping, restaurants and parks.

This home has been viewed 3 times

Last Checked: October 21st, 2026 at 9:28pm (Source: MLS PIN #73593416)

Gross Income: $36,000

Gross Expenses: $14,802

Net Income Calc: $21,198

Annual Expenses for 257 Waverley St, Belmont MA 02478

Total Gross Expenses (Calculated)$14,802/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14802

Annual Income & Unit Breakdown for 257 Waverley St, Belmont MA 02478

Total Gross Income (Calculated)$36,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 257 Waverley St, Belmont MA 02478

Listing ID73593416

Property TypeMulti Family / 2 Family

Price1399000 ($530.73/SqFt)

Style2 Family - 2 Units Up/down

CityBelmont

CountyMiddlesex

MLS AreaWaverley

Neighborhood(s)

Approximate Living Area Total2636

Approximate Lot Size (Acres)0.1

Total Parking4

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 257 Waverley St, Belmont MA 02478

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWine Refrigerator

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 257 Waverley St, Belmont MA 02478

Real Estate Taxes14802

Tax Year2026

Assessed Value$1,286,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 257 Waverley St, Belmont MA 02478

Neighborhood(s)

MLS AreaWaverley

Area AmenitiesWalk/jog Trails

Contact Information for 257 Waverley St, Belmont MA 02478

Agent

Name: Simon Gray

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Payment Calculator

, Interest

Property Taxes 1233.5

Principal & Interest 8620.19

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Simon Gray

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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    [unparsed] => 257 Waverley St, Belmont MA 02478
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EXIT

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