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846 Walnut St Newton — Photo 1 of 1

846 Walnut St Newton — Photo 1 of 1

$1,200,000

Investment Analysis — 846 Walnut St

Newton, MA 02459 — Newton Center

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, an estimated 2-unit multi-family in 02459 carries an estimated $5,500/mo in gross rent — about a 3.38% cap rate and $40,565/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

1,800

Style

Multi Family

Built

1910

Great for a developer. Top Newton Centre location. Existing home sits on 5315 square foot lot. BU2 zoning. In order to build two residential units special permit would be required. Buyer or Buyer's agent must do all their own due diligence.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,200,000
Annual Taxes$9,595

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate
FoundationConcrete Perimeter
ZoningBU2

Property & Lot

Acres0.12
SqFt Lot5,315
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Public School

Geography

Property History

Listed
$1,200,000

Sep 29, 2026

MLS® 73584063

Terminated
$2,500

Sep 21, 2026

MLS® 73535559

Listed
$2,500

Jun 13, 2026

MLS® 73535559

Listing Provided By

Listing Agent: Janet Edsall Fields

Listing Office: Hammond Residential Real Estate

MLS® Number: 73584063