208-20 Hope Ave, Waltham, MA 02453
Medical/commercial condo unit in Waltham, renovated and updated.
- Added:
- Mar 9, 2026
- Days on Market:
- 120
- Last Refresh:
- May 19 at 11:22 pm
Property Features for 208-20 Hope Ave
General Information
- Standard status
- Active
- Size
- 1,156 SF
Listing office Gelineau & Associates, R.E. (781) 710-1749
Listing date Mar 9, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gelineau & Associates, R.E.
HighLights
- Recently totally renovated and updated medical commercial condo unit.
- Prime, convenient location just off major highways and routes in Waltham.
- Suitable for medical or medical‑like use with check‑in area, waiting room, private office, two treatment rooms, two exam rooms, and large restroom.
- Handicap and elevator access.
- Excellent rental history for the building.
- Rare opportunity to own/lease first‑class medical office space.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $54.24 |
| − Vacancy | −$13.8k | −$11.93 |
| EGI | $48.9k | $42.31 |
| − OpEx | −$12.2k | −$10.58 |
| NOI | $36.7k | $31.73 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- A HOUSE CALL VET — 776 main st, waltham, ma 02454
Location Insight
- Map
- Local Demand
- City
- Waltham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2467796
- Latitude
- 42.3687855
