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51 Florence St #51 Newton — Photo 1 of 27

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$1,585,000
Annual Taxes$12,747

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood, Parquet
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas, Unit Control
CoolingCentral Air, Heat Pump, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Bedroom 2Bedroom 3
First
Living RoomDining RoomKitchenPrimary Bedroom
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Listing Provided By

Listing Agent: Alexander Averbuch

Listing Office: Averbuch Realty

MLS® Number: 73568608