Active
52 Days on market
256 Watertown Street #256 Newton — Photo 1 of 24

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.

View Standard Listing

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

Original Price$1,075,000
Annual Taxes$10,227
HOA Fee$232.5

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms8
FireplacesNone
FlooringFlooring - Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate
Foundation--
ZoningMR2

Property & Lot

Acres0.12
SqFt Lot5,323
Lot Features--

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Basement
Family RoomBathroom 3
Living Room
Lvl First

14 x 12

Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

14 x 12

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

18 x 12

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Gas Stove

Family Room
Lvl Basement

18 x 11

Walk-In Closet(s), Flooring - Wall to Wall Carpet

Master Bedroom
Lvl First

15 x 12

Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile

Bedroom 2
Lvl First

12 x 12

Bathroom 1
Lvl First

8 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

16 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 Basement

6 x 4

Bathroom - Half

Listing Provided By

Listing Agent: Carol Ann Berberian

Listing Office: New England Classic Properties

MLS® Number: 73553545