Investment Analysis — 183 Oak Street #308

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 2-bedroom in 02464 carries an estimated $3,570/mo in gross rent — about a 2.43% cap rate and $16,400/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,151

Style

Condominium

Built

1988

Welcome to this bright corner unit offering 1151 square feet of living space with 2 bedrooms and 2 full bathrooms. With no neighbors above, you'll enjoy added privacy and quiet throughout the home. Step outside to your own private balcony overlooking the Charles River, a peaceful spot to enjoy your morning coffee, unwind after a long day, or simply take in the changing seasons along the water.This home is full of wonderful potential and ready for your personal touch. While it does need some updating, the generous room sizes, open flow, and abundant natural light make it a fantastic canvas to create the space you've always envisioned. Whether you're looking to renovate right away or move in and update gradually over time, this unit offers incredible value and a rare opportunity to build equity in a highly sought-after community.This unit also comes with two deeded underground garage parking spots, a rare and valuable find in this area, plus additional storage. Village Falls offers wonderful building amenities including an indoor heated pool, a fitness/exercise room, and beautifully maintained common grounds, giving you resort-style living right at home, all year round.The location can't be beat: enjoy the convenience of being just minutes from grocery stores, shops and restaurants, major highway access, and public transportation, making both commuting and everyday errands effortless. This corner unit checks all the boxes with river views, coveted parking, and fantastic amenities, making it a wonderful opportunity for nearly any buyer.Don't miss this rare opportunity to make this condo your own!

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.