Active

181 Days on market

2323 Washington St #1-6 Newton — Photo 1 of 22

Recent Drop: $20,000

$535,000

$515,000

Investment Analysis — 2323 Washington St #1-6

Newton, MA 02462

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02462 carries an estimated $3,270/mo in gross rent — about a 3.78% cap rate and $19,476/yr in estimated NOI at the $515,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,001

Style

Condominium

Built

1965

Bathed in natural light, this corner-unit condo in desirable Newton Lower Falls presents 1,000 square feet of thoughtfully designed living space. The unit's prime corner position captures abundant sunlight from multiple exposures, creating an airy, welcoming atmosphere.A well-appointed kitchen boasts stainless steel appliances and ample cabinet space.The open-concept layout showcases gleaming hardwood floors throughout the main living areas, while plush carpeting adds comfort to both generously proportioned bedrooms.Modern conveniences include dedicated parking, same-floor laundry facilities, and central location near premier amenities.Positioned perfectly between Newton and Wellesley, enjoy easy access to upscale dining, shopping, and transportation options. The Wellesley Farms Commuter Rail Station (1 mile), Woodside Green Line, and major routes (95, 90, and 9) offer seamless commuting options.Newton-Wellesley Hospital & Woodland Golf Club enhance this sought-after location's appeal

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$535,000

Annual Taxes$4,192

HOA Fee$512.86

Parking

Garage0

Off-Street1

Interior Specifications

Total Rooms4

FireplacesNone

FlooringTile, Carpet, Hardwood

BasementN

Climate & Utilities

HeatingBaseboard, Oil

CoolingWall Unit(s)

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone

RoofRubber

Foundation--

ZoningBU1

Property & Lot

Acres0.53

SqFt Lot23,277

Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First

Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1

Living Room

Lvl First

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Kitchen

Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Stainless Steel Appliances, Lighting - Sconce