Active
2 Days on market
227-229 Newton Street Waltham — Photo 1 of 42

227-229 Newton Street Waltham — Photo 1 of 42

$1,499,000

Investment Analysis — 227-229 Newton Street

Waltham, MA 02453

Based on rent reported on the MLS listing, a 4-unit multi-family in 02453 carries $3,900/mo in gross rent — about a 1.53% cap rate and $22,950/yr in estimated NOI at the $1,499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

4

SqFt

3,464

Style

4 Family

Built

1900

PRICED TO SELL Four Family investment property with a huge separate garage with loft and 10x10 garage doors. Large parking lot. Four rental units all separately metered. Two top floor apartments have lead certificates. All apartments are vacant but one and its on TAW. There are two forms of egress out of the parking lot, one driveway on Newton St. and another driveway on Gorham St.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$1,499,000
Annual Taxes$12,618.4

Parking

Garage2
Off-Street7

Interior Specifications

Total Rooms17
FireplacesNone
FlooringWood, Vinyl, Carpet
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningBA

Property & Lot

Acres0.16
SqFt Lot7,139
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Park

Geography

Property History

Listed
$1,499,000

Sep 10, 2026

MLS® 73575476

Expired
$1,599,000

Jun 30, 2026

MLS® 73503386

Listed
$1,599,000

Apr 17, 2026

MLS® 73503386

Listing Provided By

Listing Agent: Michelle A. Zona

Listing Office: Aloha Heights Real Estate

MLS® Number: 73575476