1298-1308 Washington Street Newton — Photo 1 of 3
$3,200,000
Investment Analysis — 1298-1308 Washington Street
Newton, MA 02465
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02465 carries an estimated $2,540/mo in gross rent — about a 0.72% cap rate and $23,066/yr in estimated NOI at the $3,200,000 list price. Adjust every assumption in the calculator below.
Beds
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Baths
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SqFt
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Style
Other
Built
1910
Boston Realty Advisors is pleased to present the unique opportunity to acquire a fully stabilized retail asset in West Newton, MA which consists of +/-5,000 SF of street level space at the entry to the West Newton Cinema. The property consists of two spaces which are leased to long term tenants offering investors stable income. The property benefits from being at the entrance to the West Newton Cinema, undergoing a renovation, and within the path of progress in Newton - with over 350 residential units being constructed in the immediate area. The property offers a rare combination of established street presence and immediate availability, making it an ideal opportunity for owner-users or investors seeking to reimagine a best-in-class retail asset.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$3,200,000
Was $3,000,000
Jul 28, 2026
MLS® 73499784
$3,000,000
Was $2,700,000
Jul 23, 2026
MLS® 73499784
$2,700,000
Apr 10, 2026
MLS® 73499784
Listing Agent: Kevin Benzinger
Listing Office: Boston Realty Advisors
MLS® Number: 73499784
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