
51 Florence St #51 Newton — Photo 1 of 27
$1,585,000
Investment Analysis — 51 Florence St #51
Newton, MA 02467 — Chestnut Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02467 carries an estimated $4,870/mo in gross rent — about a 2.00% cap rate and $31,667/yr in estimated NOI at the $1,585,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
3,401
Style
Condominium
Built
1998
Stylish 3-bed, 2.5-bath townhouse that lives like a single-family home, with a large side and backyard, private front entrance, and peaceful pine tree views. The main level features a spacious primary suite with walk-in closet and newly designed bath with double vanity. The updated kitchen offers a new oven and microwave, granite counters, and bar seating, opening to the living and dining areas with a wood-burning fireplace and beautiful hardwood floors. Sliding doors lead to a private deck, and a half bath completes the main level. Upstairs are two additional bedrooms, a fully renovated bath, and separate laundry room. The finished lower level provides extra living space ideal for a family room or home theater. Additional features include gas heat and cooking, central A/C, a 2-car garage, and two outdoor parking spaces. Convenient to Route 9, Route 128, and the Mass Pike, with Wegmans, Life Time, The Shops at Chestnut Hill, The Street Chestnut Hill, and more nearby.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Medical Facility • Conservation Area • Highway Access • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondListing Agent: Alexander Averbuch
Listing Office: Averbuch Realty
MLS® Number: 73568608
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