727 Washington St Newton — Photo 1 of 4
Recent Drop: $145,000
$1,850,000
Investment Analysis — 727 Washington St
Newton, MA 02458 — Newtonville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02458 carries an estimated $2,510/mo in gross rent — about a 0.41% cap rate and $7,509/yr in estimated NOI at the $1,850,000 list price. Adjust every assumption in the calculator below.
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Residential
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Wonderful opportunity in the VC2/BU2 Zoning district of Newtonville. With the change in zoning, VC2 projects are "By Right". This allows a developer or builder to bypass the special permitting process. There are many ways to build out this parcel. You have a choice of condominium style units which could allow up to 18 units @ 950 sf each. Alternatively, you could build 6 larger units, providing 1 car parking per unit. Your third option is something in-between. The seller's have a stamped plot plan, sign offs from the City of Newton Historical Commission and a sketch for how 6 units would layout on the lot. The property sits directly across from public transportion in Newtonville. Future buyers have the option of taking the commuter rail to the Fenway, Back Bay, or South Station. In addition, the express bus to Downtown Boston is also across the street. The area also offers easy access to Whole Foods, Stark Market, day spas, banks, fine & casual dining and a number of retail amenities.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Highway Access • T-Station • Sidewalks
Geography
Property History
$1,850,000
Was $1,895,000
Aug 17, 2026
MLS® 73513635
$1,895,000
Was $1,995,000
Jun 9, 2026
MLS® 73513635
$1,995,000
May 6, 2026
MLS® 73513635
$1,995,000
Jul 31, 2025
MLS® 73356479
$1,995,000
Apr 8, 2025
MLS® 73356479
Listing Agent: Cynthia Lanciloti
Listing Office: Kraft Fine Homes
MLS® Number: 73513635
