
256 Watertown Street #256 Newton — Photo 1 of 24
$1,075,000
Investment Analysis — 256 Watertown Street #256
Newton, MA 02458
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02458 carries an estimated $3,130/mo in gross rent — about a 1.44% cap rate and $15,529/yr in estimated NOI at the $1,075,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,224
Style
Condominium
Built
1930
This is the one you've been waiting for! Move right into this meticulous home offering 2,224 square feet of thoughtfully designed living space in the heart of Newton's desirable Nonantum neighborhood. This exceptional 2-bedroom, 2.5-bath home features central air, gleaming hardwood floors, and a perfect blend of style, comfort, and functionality. The inviting main living area offers an open, flowing layout designed for both everyday living and entertaining. The beautifully appointed kitchen is the heart of the home, featuring a large center island with seating, elegant countertops, stainless steel appliances, a gas range, and abundant cabinetry. A convenient mudroom provides direct access to the rear deck, creating an effortless indoor-outdoor connection. The spacious primary suite is a true retreat, complete with custom-designed walk-in closet storage and a luxurious en-suite bath featuring double vanities, generous linen storage, and an oversized tiled shower. A second generously sized bedroom with an oversized closet is located adjacent to a full bath with a soaking tub. The finished lower level offers outstanding flexibility with space for a family room, playroom, home office, guest area, or media room, along with a dedicated home gym, spacious laundry room, workshop, and exceptional storage. Outside, the private patio off the rear porch provides the perfect setting for relaxing, gardening, or entertaining. Thoughtful updates throughout, two-car parking, and abundant storage complete this outstanding home. Ideally located just moments from shops, restaurants, tennis courts, parks/playgrounds, public transportation, major commuting routes, the new Lincoln-Eliot School and all the best that the area has to offer!
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 12
Flooring - Hardwood, Open Floorplan
Dining Room
Lvl First14 x 12
Flooring - Hardwood, Open Floorplan
Kitchen
Lvl First18 x 12
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Gas Stove
Family Room
Lvl Basement18 x 11
Walk-In Closet(s), Flooring - Wall to Wall Carpet
Master Bedroom
Lvl First15 x 12
Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile
Bedroom 2
Lvl First12 x 12
Bathroom 1
Lvl First8 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First16 x 6
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Basement6 x 4
Bathroom - Half
Listing Agent: Carol Ann Berberian
Listing Office: New England Classic Properties
MLS® Number: 73553545

