911 Washington St/Lowell Ave Newton — Photo 1 of 13
$2,500,000
Investment Analysis — 911 Washington St/Lowell Ave
Newton, MA 02460 — Newtonville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02460 carries an estimated $2,720/mo in gross rent — about a 0.46% cap rate and $11,587/yr in estimated NOI at the $2,500,000 list price. Adjust every assumption in the calculator below.
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21E Phase I study has been done and available upon request. Premier intersection in vibrant Newtonville is now available for the first time in decades!! This property sits in a VC 2 zone as well as a BU 2 zone and allows for a variety of uses and development opportunities. Absolutely incredible visibility for your business or businesses!! Over the past several years the area has become bustling with a number of new apartment buildings and retail stores. Many retail conveniences are within a few blocks including, Star Market, CVS, The Barn Shoes, US Post Office, NY Bagel Factory, Chipotle, yoga studio, cafes, casual and fine dining, barber shops, nail and hair salons and more! The site is level and sits approximately 2 blocks from the commuter rail station accessing The Fenway, Back Bay and South Station. There are 2 lots that total 6,126 sf +/-. The breakdown is 5,173 sf and 953 sf. Please do not walk the site without listing agent as there is still an ongoing busy service station.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Cynthia Lanciloti
Listing Office: Kraft Fine Homes
MLS® Number: 73481930
