Duplex with Rear
New
For Sale
$1,100,000
301 College Farm Road, Waltham, MA 02451
Two separate driveways serve this two-family home, which also has a large rear yard.
Property Size2,100 SF
Price / SF$523.81
Days on Market6
Property Features for 301 College Farm Road
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
rear decks
Building Details
Year Built
1955
Listing Agency:
Coldwell Banker Realty - Waltham
Listed By:
Dave DiGregorio · License #9028021
(617) 909-7888
Source:
Trufantre
Added: Oct 24
Changed: Oct 28
Last Checked: Oct 28 at 8:08AM
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 Coldwell Banker Realty - Waltham
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Investment Insights
Based on property information with market context.
This 2,100-square-foot duplex was built in 1955 and contains two family units. Each unit has an eat-in kitchen, a living room, hardwood floors, and a ceramic-tile bathroom. Large rear decks face the property’s yard, and two driveways provide separate parking access.
The home is in Waltham’s North Waltham area, within walking distance of public transportation and shops. Route 128, Route 2, and the Mass Pike are accessible from the property.
The home is in Waltham’s North Waltham area, within walking distance of public transportation and shops. Route 128, Route 2, and the Mass Pike are accessible from the property.
Key Highlights
- Two‑family duplex with 2,100 square feet
- Built in 1955
- Eat‑in kitchens and living rooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,437
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,740
$888.7K
Cap Rate 7%
$634,814
$634.8K
Cap Rate 9%
$493,744
$493.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$66.8K $31.80/SF
− Vacancy
−$3.3K −$1.57/SF
EGI
$63.5K $30.23/SF
− OpEx
−$19.0K −$9.07/SF
NOI
$44.4K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,740
Cap Rate 7%
$634,814
Cap Rate 9%
$493,744
Alternative Uses
Best Use
Multifamily LT 5
$634.8K
$555.5K – $740.6K
NOI $44,437 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$596.9K
$522.3K – $696.4K
NOI $41,783 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,023 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 02451, MA
17,953
Population
7,852
Households
2.3
Avg Household Size
39
Median Age
55%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
3,387
Density / Sq Mi
$119,509
Median Household Income
$66,318
Median Earnings
$2,537
Median Rent
$709,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate driveways serve this two-family home, which also has a large rear yard.
Where is this duplex located?
The property is located at 301 College Farm Road Waltham, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family duplex with 2,100 square feet; Built in 1955; Eat‑in kitchens and living rooms in both units
