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188 Waverley St, Belmont MA 02478

Belmont, MA 02478
$1,150,000
$1,049,000
Est. $6,455/month
3
Beds
3
Baths
1,925
Sq Ft
$545
Price/Sq Ft
0.12
Acres
1920
Year Built
1
Garage Space
75
Days on Market
Active Price Drop -$101,000 Listed Apr 23, 2026 • MLS# 73506594 Copied! • Updated Jun 27, 2026

About this home

Convenient location! This property offers a rare combination of convenience, quality of life, and an excellent location. Just min from Belmont Center, the commuter rail, and Trapelo Road, you’ll have easy access to a wide variety of shops, restaurants, and everyday services. In addition, the property is situated directly across from the charming Town Field and Playground, offering a pleasant view and a great outdoor space for relaxation and leisure. This 2 family features airy living spaces and beds filled with natural light, thanks to large windows, as well as beautiful, well-maintained hardwood floors. The property has been well maintained and has many updates including updated hot water tanks (2020 & 2025), 1st floor furnace (2020), full blown in insulation (2020), new roof (2021), exterior paint (2026). Double pane windows throughout, updated 2nd floor kitchen and bath, and updated electrical panels (100 amp each). Don't miss this one!

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
8.8%
Price Range

Property Timeline

Price Reduced
Jun 17, 2026
$1,049,000 $50,000 (-4.55%)
From $1,099,000 to $1,049,000 (-4.5%)
Price Reduced
May 28, 2026
$1,099,000 $51,000 (-4.43%)
From $1,150,000 to $1,099,000 (-4.4%)
Back On Market
May 13, 2026
Active
📋
Status: Active under contract
May 7, 2026
Active → Active Under Contract
🏠
Listed for Sale
Apr 23, 2026
$1,150,000
Original listing
Agent: Steven Savarese Office: Senne

Tax History

Year Taxes Assessment
2026 $11,406 $991,000

Financial Details

Annual Property Tax
$11,406
Tax Year 2026
Assessed Value
$991,000

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1920
Living Area 1,925 sq ft
Lot Size 0.12 acres
Bedrooms 3
Full Baths 3
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $1,700/mo · N
Unit 2 Rent $1,800/mo · N
Total Monthly Rent $3,500/mo
Gross Income $42,000
Net Operating Income $42,000
Cap Rate 4.00%
Heating Forced Air, Natural Gas, Baseboard
Cooling None
Flooring Tile, Vinyl, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Walk-out Access
Laundry Electric Dryer Hookup, Washer Hookup
Features Mudroom, Bathroom With Tub & Shower, Bathroom With Shower Stall, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio
Garage Spaces 1
Has Garage Yes
Features Off Street, Paved
Total Spaces 5
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $11,406
Assessed Value $991,000
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Current Tenants Will Vacate By End Of May, 2026.
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Other
Sq Ft Disclosures Living area is approx based upon marketing floor plans
Documents None
County Middlesex
Total market time (incl. prior listings) 65 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
3
Living Area
1,925 sq ft
Total Rooms
8
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Mudroom, Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Kitchen
Windows: Insulated Windows
Basement: Full, Walk-Out Access
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Baseboard
Heating Zones: 2
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Off Street, Paved
School District
Belmont School District local
A+
School Safety 2024-25
0.6% Low
0.6% Suspensions 0.8% In-School
4.9% below state avg
E

Elementary Schools

3 schools
A+
Daniel Butler School
0.4 mi | #76 of 824 | Score: 60.7
Improved 2 spots from last year
+2.5 above state avg
261 students Diverse
Diverse Student Body
Grades K-03
A-
Roger E Wellington School
0.5 mi | #250 of 824 | Score: 52.4
Dropped 232 spots from last year
-5.8 below state avg
426 students Diverse
Diverse Student Body
Grades PK-03
CNS/Pathways Academy
0.5 mi
Grades 01-12
M

Middle Schools

2 schools
A+
Belmont Middle School
0.9 mi | #15 of 352 | Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students Diverse
Strong Attendance
Grades 07-08
A-
Watertown Middle School
1.3 mi | #108 of 352 | Score: 48.6
Improved 11 spots from last year
-9.6 below state avg
583 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Arlington School
0.5 mi
Grades 08-12
A+
Belmont High School
0.7 mi | #10 of 346 | Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Walker Beacon School
0.8 mi
Grades 07-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $951
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

188 Waverley St, Belmont MA 02478

Belmont, MA 02478

Listing Information

Listing Agent Steven Savarese
Listing Office Senne
Office Phone 781-648-6900
Agent MLS ID B0683328
Office MLS ID AN7546
Listing Data Updated Jun 27, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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