140 Pleasant St Newton — Photo 1 of 40
$2,400,000
Investment Analysis — 140 Pleasant St
Newton, MA 02459 — Newton Centre
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02459 carries an estimated $4,540/mo in gross rent — about a 1.05% cap rate and $25,262/yr in estimated NOI at the $2,400,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,145
Style
Single Family
Built
1874
Attention buyers, developers, and renovators! Rare opportunity to own nearly an acre of land in the heart of Newton Centre, directly across from Mason-Rice Elementary School. This charming antique home, which has been in the same family for 63 years, offers endless potential—restore and customize it to your vision, or explore development possibilities including potential rear lot subdivision (buyer to perform due diligence). A truly unique offering in a prime location with exceptional upside.
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: 900 sq ft (the lesser of 900 sq ft or half the 3,145 sq ft principal dwelling). Lot size: 42,540 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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Highway Access • Public School
Geography
Property History
$2,400,000
Sep 24, 2026
MLS® 73582468
$2,799,000
Aug 31, 2026
MLS® 73507450
$2,600,000
Aug 31, 2026
MLS® 73499818
$2,799,000
Apr 25, 2026
MLS® 73507450
$2,600,000
Apr 10, 2026
MLS® 73499818
Listing Agent: Gore Lietzke Group
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73582468
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