460 Watertown St Newton — Photo 1 of 12
Recent Drop: $74,000
$1,215,000
Investment Analysis — 460 Watertown St
Newton, MA 02460
Based on rent reported on the MLS listing, a 3-unit multi-family in 02460 carries $6,600/mo in gross rent — about a 4.03% cap rate and $49,008/yr in estimated NOI at the $1,215,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
2,706
Style
3 Family - 3 Units Up/Down
Built
1895
Investment Opportunity in Newton. 3 Family property available on Watertown St in Nonantum. All three units are 2bed/1bath with separate gas and electric. Coin operated laundry in the basement. Walking distance to stores, shops, restaurants and parks. Easy access to drive to surrounding towns and cities.
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 MLS and other third-party data may be inaccurate or out of date.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
Washer • Dryer • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Park • Laundromat • Public School • Sidewalks
Geography
Property History
$1,215,000
Was $1,240,000
Sep 16, 2026
MLS® 73560140
$1,240,000
Was $1,289,000
Aug 19, 2026
MLS® 73560140
$1,289,000
Aug 9, 2026
MLS® 73560140
Listing Agent: Matthew Pitney
Listing Office: Gelineau & Associates, R.E.
MLS® Number: 73560140
Related Insights
Newton Seller Proceeds in a Tight Luxury Market
Why Newton Home-Sale Counts Differ by Portal
Newton Housing Market Rebalances at 98% of List
Newton’s Split Market: Price to the Comp, Not the Dream
Newton’s Buyer Trap: Why Single-Family and Condo Strategies Split in 2026
After the Grant Window: Massachusetts First-Time Buyers
Massachusetts Buyers Face a Supply Crunch, Not a Crash
