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47 High Street #47 Newton — Photo 1 of 41

47 High Street #47 Newton — Photo 1 of 41

$1,425,000

Investment Analysis — 47 High Street #47

Newton, MA 02464 — Newton Upper Falls

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02464 carries an estimated $4,280/mo in gross rent — about a 1.39% cap rate and $19,843/yr in estimated NOI at the $1,425,000 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

2.5

SqFt

3,070

Style

Condominium

Built

2105

This stunning, 3-bedroom 2-1/2 bath 3070 ft.² townhouse by a distinguished local builder features a spacious floor plan flooded by natural light. Located in Newton Upper Falls Historic District,this luxurious townhouse boasts a chef's kitchen with granite counters and stainless steel appliances, a expansive living room with a gas fireplace, an adjacent dining room, and a beautiful stone paver patio overlooking a lushly landscaped yard. Upstairs are three generous-sized bedrooms, including a fabulous primary bedroom with an en-suite bathroom and dream walk-in closet, a separate laundry room, two guest bedrooms, and a guest bathroom. The lower level features an oversized family room, a custom home office, and a mudroom with custom built-ins that leads to a 1-car garage. The home features high ceilings, skylights, hardwood floors, soundproofing, and gorgeous finishes, and a second parking space. All in a spectacular location to the Green Line D train to Boston, Route 9, Route 95, Mass Turnpike, and the best of area shopping and dining, including the Chestnut Hill Square/Wegmans Mall, the Chestnut Hill Mall, and The Street!

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 MLS and other third-party data may be inaccurate or out of date.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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Property Details

Financials

Original Price$1,425,000
Annual Taxes$14,991
HOA Fee$350

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringHardwood
BasementY

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Listing Provided By

Listing Agent: Roberta Orlandino

Listing Office: Coldwell Banker Realty - Boston

MLS® Number: 73579280