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2 Days on market
37 Commonwealth Ave #12 Newton — Photo 1 of 8

37 Commonwealth Ave #12 Newton — Photo 1 of 8

$459,000

Investment Analysis — 37 Commonwealth Ave #12

Newton, MA 01742

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01742 carries an estimated $2,950/mo in gross rent — about a 3.78% cap rate and $17,336/yr in estimated NOI at the $459,000 list price. Adjust every assumption in the calculator below.

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Beds

1

Baths

1

SqFt

650

Style

Condominium

Built

1938

What a value! This wonderful corner condo has it all! Completely updated with a newer kitchen and brand new full bath, this delightful home offers so much more! You enter via a welcoming foyer that leads to a spacious fireplaced living room, modern kitchen with gas cooking and SS appliances and a newly renovated bath. The bedroom offers a serene vibe with a good size closet and large windows. This turnkey home has refinished hardwood floors, is freshly painted throughout and will soon have all new windows! Laundry facilities and off-street parking complete this sweet residence. Stellar location-near the Green Line, restaurants, and shops. Go east into Boston or west to get on major routes. This one is a no brainer!

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$459,000
Annual Taxes$4,288
HOA Fee$440

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
Fireplaces1
Flooring--
BasementY

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningMR2

Property & Lot

Acres0.38
SqFt Lot16,371
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Unknown
Kitchen
Kitchen
Lvl null

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances, Gas Stove

Listing Provided By

Listing Agent: Barbara Hakim

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73578461