Four-Unit Townhome
New
For Sale
$4,599,900
66 Orange Street, Waltham, MA 02453
New construction pairs private outdoor areas with heated garages and EV charging for each residence.
Property Size8,400 SF
Price / SF$547.61
Days on Market7
Property Features for 66 Orange Street
General Information
Standard status
Active
Size
8,400 SF
Property subtype
4 Family - 4 Units Side by Side
Building Details
Building Size
8,400 SF
Year Built
2026
Listing Agency:
Coldwell Banker Realty - Waltham
(781) 893-0808
Listed By:
Brian J. Fitzpatrick · License #9048768
(781) 258-8331
Source:
Iverty
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 4 at 10:08AM
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
Investment Insights
Based on property information with market context.
Completed in 2026, this four-unit residential property comprises newly built townhomes. Each residence has a custom kitchen with Taj Mahal quartz countertops, stainless steel appliances, and a peninsula adjoining a formal dining area and living room with a fireplace. Primary suites include custom-tiled showers, with additional bedrooms and guest baths on the second floor. First-floor bonus rooms, full baths, and patios connect to deeded yard areas.
The homes feature hardwood floors, two-zone gas heating, central air, private decks, and heated one-car garages with workspace. Each unit also has an EV charger. The property is at 66 Orange Street in Waltham, near the Newton line.
The homes feature hardwood floors, two-zone gas heating, central air, private decks, and heated one-car garages with workspace. Each unit also has an EV charger. The property is at 66 Orange Street in Waltham, near the Newton line.
Key Highlights
- Four newly constructed townhomes; year built 2026
- Each residence has a deeded private yard and outdoor patio
- Custom kitchens with Taj Mahal quartz countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,747
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,554,940
$3.6M
Cap Rate 7%
$2,539,243
$2.5M
Cap Rate 9%
$1,974,967
$2.0M
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$267.1K $31.80/SF
− Vacancy
−$13.2K −$1.57/SF
EGI
$253.9K $30.23/SF
− OpEx
−$76.2K −$9.07/SF
NOI
$177.7K $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%
$3,554,940
Cap Rate 7%
$2,539,243
Cap Rate 9%
$1,974,967
Alternative Uses
Best Use
Multifamily LT 5
$2.54M
$2.22M – $2.96M
NOI $177,747 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$2.39M
$2.09M – $2.79M
NOI $167,132 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$4.97M
$4.35M – $5.80M
NOI $348,094 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,638
Businesses Nearby
Explore this area
Business Placement
Demographics for 02453, MA
31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - New construction pairs private outdoor areas with heated garages and EV charging for each residence.
Where is this quadplex located?
The property is located at 66 Orange Street Waltham, MA.
What is the asking price?
The asking price for this property is $4,599,900.
What are key features of this property?
This property features: Four newly constructed townhomes; year built 2026; Each residence has a deeded private yard and outdoor patio; Custom kitchens with Taj Mahal quartz countertops and stainless steel appliances
