
1242-1244 Beacon St #1242 Newton — Photo 1 of 26
$1,695,000
Investment Analysis — 1242-1244 Beacon St #1242
Newton, MA 02468
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02468 carries an estimated $4,860/mo in gross rent — about a 1.45% cap rate and $24,562/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,944
Style
Condominium
Built
2022
Rarely seen flexibility and value offered in newer construction — this front unit townhouse offers 4+ bedrooms, 3.5 baths & nearly 4,000 SF (built 2022) in Newton's coveted Waban neighborhood. Set on a well-traveled road for easy access, it's .2 mi to Cold Spring Park with its summer farmer's market & Zervas School, under a mile to the Waban Green Line, with a Walk Score of 75. Main level features a chef's kitchen with Thermador gas range & oversized island, fireplaced living/dining with expansive windows, & a first-floor home office. Trayed ceilings, polished lighting, interior garage access & two mudrooms add ease. Wired for surround sound. Upstairs: primary suite with walk-in closet, balcony & four-piece bath with heated floors, plus two more bedrooms, a full bath & laundry. Top-floor flex space suits office, gym, or guest room; lower level adds a full guest suite — bedroom, bath, lounge, wet bar — ideal for in-laws or extended family. A low-maintenance private patio & fenced yard offer outdoor space without too much upkeep. Parking includes a garage space plus one additional off-street spot. About a mile to Waban Sq & Newton Centre's shops, restaurants & cinema, with easy highway access. Rather than a home across the street, enjoy a rare open outlook onto a park-like setting. Flexible, newer & beautifully situated in the heart of Waban. Come see it for yourself.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Oven • Dishwasher • Refrigerator • Freezer • Washer • Dryer
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Structural Layout
Living Room
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Lvl SecondProperty History
$1,695,000
Sep 9, 2026
MLS® 73573866
$1,695,000
Sep 9, 2026
MLS® 73485441
$1,695,000
Mar 11, 2026
MLS® 73485441
Listing Agent: Savenor Berkery Group
Listing Office: Compass
MLS® Number: 73573866

