Overview Property Details Payment Calculator Walkability

Active

229-231 River, Waltham MA 02453

$924,900

Estimated $14,520.94/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $462,450

Total Rent: 45000/year

Estimated CAP Rate: 3.91%

4 Bedrooms

2 Full, 1 Half Baths

4 Parking Spots

0.11 acres

Large side by side 2 family on a corner lot. Great investment property in a prime location with quick access to Boston. The average median price for rent in Waltham is up 29.5% since last year! 3 floors of living space on both sides. New gas boiler in 231. Electrical has...

This home has been viewed 13 times

Last Updated: April 5th, 2025 at 6:18am

Gross Income: $45,000

Gross Expenses: $8,822

Net Income Calc: $36,178

CAP Rate: 3.91%

Annual Expenses for 229-231 River, Waltham MA 02453

Total Gross Expenses (Calculated)$8,822/year

APOD AvailableNo

Heating$0

Electricity$0

Water$0

Gas$0

Insurance$0

Sewer$0

Trash Removal$0

Repair & Maintenance$0

Management$0

Miscellaneous$0

Real Estate Tax$8,822

Annual Income & Unit Breakdown for 229-231 River, Waltham MA 02453

Total Gross Income (Calculated)$45,000

Unit 1

Rental Income2500

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

HeatingNo

Rent Includes

Unit 2

Rental Income1250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingNo

Rent Includes

General Information for 229-231 River, Waltham MA 02453

Listing ID73349607

Property TypeMulti Family / 2 Family

Price$924,900 ($296.06/SqFt)

Style

CityWaltham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,124 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoning1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Interior Features for 229-231 River, Waltham MA 02453

Disclosures for 229-231 River, Waltham MA 02453

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$45,000

Total Net Income By Broker$45,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Location Information for 229-231 River, Waltham MA 02453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Shopping, Public Transportation, T-station, University

Contact Information for 229-231 River, Waltham MA 02453

Agent

Name: Tracey Liberatore

MLS ID: CN239489

Office ID: BB4015

National Association ID: 453015175

Phone: 774-922-0437

City: Hopedale

State: MA

Office

Name: Afonso Real Estate

MLS Office ID: BB4015

Phone: 508-478-7286

Payment Calculator

$14,520.94 per month

30 Years Fixed, 6.75% Interest

Property Taxes $8,822.00

Principal & Interest $5,698.94

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Afonso Real Estate

Tracey Liberatore

Agent Phone

(774) 922-0437

Office Phone

(508) 478-7286

Text Agent Call Agent Call Office

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                )

[field_3206] => Array
                (
                    [field_id] => 3206
                    [type] => select
                    [name] => FarmLandAreaUnits
                    [value] => Square Feet
                )

[field_3209] => Array
                (
                    [field_id] => 3209
                    [type] => text
                    [name] => FoundationDetails
                    [value] => Stone
                )

[field_3211] => Array
                (
                    [field_id] => 3211
                    [type] => number
                    [name] => GarageSpaces
                    [value] => 0
                )

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 45000
                    [unit_id] => 260
                    [value] => $45,000
                    [price_only] => $45,000
                )

[field_3219] => Array
                (
                    [field_id] => 3219
                    [type] => select
                    [name] => HorseYN
                    [value] => 1
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3222] => Array
                (
                    [field_id] => 3222
                    [type] => text
                    [name] => ListingAgreement
                    [value] => Exclusive Right To Sell
                )

[field_3223] => Array
                (
                    [field_id] => 3223
                    [type] => date
                    [name] => ListingContractDate
                    [value] => 25/03/2025
                )

[f_3225] => Array
                (
                    [field_id] => 3225
                    [type] => feature
                    [name] => LotFeatures
                    [values] => Array
                        (
                            [0] => Corner Lot
                        )

)

[field_3226] => Array
                (
                    [field_id] => 3226
                    [type] => area
                    [name] => LotSizeSquareFeet
                    [value] => 4,735 Sqft
                    [raw] => 4735
                    [unit_id] => 1
                )

[field_3229] => Array
                (
                    [field_id] => 3229
                    [type] => date
                    [name] => OffMarketDate
                    [value] => 02/04/2025
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 924900
                    [unit_id] => 260
                    [value] => $924,900
                    [price_only] => $924,900
                )

[field_3234] => Array
                (
                    [field_id] => 3234
                    [type] => textarea
                    [name] => PrivateOfficeRemarks
                    [value] => No showings until open house.  231 will be availab
                )

[field_3237] => Array
                (
                    [field_id] => 3237
                    [type] => date
                    [name] => PurchaseContractDate
                    [value] => 02/04/2025
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 229-231 River, Waltham MA 02453
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3243] => Array
                (
                    [field_id] => 3243
                    [type] => text
                    [name] => YearBuiltDetails
                    [value] => Actual
                )

[field_3245] => Array
                (
                    [field_id] => 3245
                    [type] => text
                    [name] => YearBuiltSource
                    [value] => Public Records
                )

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 25/03/2025 14:10:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 3
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 2
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => N
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 1
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 1
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 0
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 3
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 3
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => BB4015
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 9
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3284] => Array
                (
                    [field_id] => 3284
                    [type] => number
                    [name] => MLSPIN_OH_FLAG
                    [value] => 1
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 296.06
                    [unit_id] => 260
                    [value] => $296
                    [price_only] => $296
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3295] => Array
                (
                    [field_id] => 3295
                    [type] => select
                    [name] => MLSPIN_WATERVIEW_FLAG
                    [value] => No
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 1
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 1
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 4
                )

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

[field_3323] => Array
                (
                    [field_id] => 3323
                    [type] => text
                    [name] => Levels In Unit
                    [value] => 6
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-03-25
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 2
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 2 Family - 2 Units Side By Side
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $8,822
    [total_gross_income] => 45000
    [total_gross_expense] => 8822
    [net_income_calc] => 36178
    [cap_rate] => 3.91%
    [apod_available] => Array
        (
            [0] => No
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $0
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[insurance_expense] => Array
        (
            [0] => $0
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 2500
        )

[unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_bedrooms] => 3
    [unit_1_bathrooms] => 1 Full, 1 Half
    [unit_1_floor] => 1
    [unit_1_levels] => 3
    [unit_2_rent] => Array
        (
            [0] => 1250
        )

[unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_bedrooms] => 2
    [unit_2_bathrooms] => 1 Full
    [unit_2_floor] => 1
    [unit_2_levels] => 3
    [unit_3_rent] => Array
        (
        )

[unit_3_lease] => Array
        (
        )

[unit_3_bedrooms] => 
    [unit_3_bathrooms] => 
    [unit_3_floor] => 
    [unit_3_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 
    [unit_4_bathrooms] => 
    [unit_4_floor] => 
    [unit_4_levels] => 
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Stone
        )

[patio_and_porch] => Array
        (
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $45,000
        )

[net_operating_income] => Array
        (
            [0] => $45,000
        )

[short_sale] => 
    [price_per_unit] => 462450
)

EXIT

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