122 Austin St Newton — Photo 1 of 37
$989,000
Investment Analysis — 122 Austin St
Newton, MA 02460 — Newtonville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02460 carries an estimated $4,490/mo in gross rent — about a 3.50% cap rate and $34,647/yr in estimated NOI at the $989,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,437
Style
Single Family
Built
1926
Picture-perfect Tudor-style Cape in the heart of Newtonville, filled with charm and character! This 4-bedroom, 2-bath home features distinctive diamond-pane windows, beautiful hardwood floors and original details throughout. A lovely fire-placed living room opens to a four-season sunroom, while the dining room features original built-ins and flows into the updated kitchen with direct access to a tree-covered patio for al fresco dining and entertaining. The first floor also offers two bedrooms and a full bath, while upstairs you'll find two additional bedrooms and a second full bath. The lower level provides laundry, storage and direct access to the one-car garage. Central air, a 2019 roof and cedar closets throughout add to the appeal. Fabulous Newtonville location just minutes to Walnut Street and its boutique shops, coffee and dining, plus Cabot Park, schools including Newton North just around the corner, the new Cooper Center, commuter rail and express buses into Downtown — and convenient to Trader Joe's, the Mass Pike, West Newton Cinema and more. Move right in and enjoy all that Newtonville has to offer!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 719 sq ft (the lesser of 900 sq ft or half the 1,437 sq ft principal dwelling). Lot size: 4,319 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Amenities & Appliances
Gas Water Heater • Range • Oven • Dishwasher
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Fleet Homes Group
Listing Office: Keller Williams Realty
MLS® Number: 73579265
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