Overview Property Details Payment Calculator Walkability

Active

21-23 Francis Street, Newton MA 02459

$4,250,000

Estimated $7,868.77/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $1,416,666.67

Total Rent: 132000/year

Estimated CAP Rate: 2.83%

10 Bedrooms

8 Full, 2 Half Baths

5,200 SqFt

Total Parking: 10 (2 Garage)

11,051 SqFt

A rare offering in a premier Newton Centre location, this distinctive property presents exceptional versatility for both investors and owner-occupants. Just moments from the MBTA Green Line, Temple Emanuel, and top-rated Newton schools, the property includes a newly construc...

This home has been viewed 23 times

Last Checked: July 2nd, 2025 at 5:03am (Source: MLS PIN #73397887)

Gross Income: $132,000

Gross Expenses: $11,729

Net Income Calc: $120,271

CAP Rate: 2.83%

Annual Expenses for 21-23 Francis Street, Newton MA 02459

Total Gross Expenses (Calculated)$11,729/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,729

Annual Income & Unit Breakdown for 21-23 Francis Street, Newton MA 02459

Total Gross Income (Calculated)$132,000

Unit 1

Rental Income$1,000

LeaseN

Bedrooms5

Bathrooms4 Full, 2 Half

Floor1

Levels in Unit3

HeatingYes

Rent Includes

Unit 2

Rental Income$5,500

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

Unit 3

Rental Income$4,500

Lease

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit

HeatingYes

Rent Includes

General Information for 21-23 Francis Street, Newton MA 02459

Listing ID73397887

Property TypeMulti Family / 3 Family

Price$4,250,000 ($817.31/SqFt)

Style3 Family

CityNewton

CountyMiddlesex

MLS AreaNewton Center

Neighborhood(s)

Approximate Living Area Total5,200 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking10 (2 Garage)

Garage Parking2 / Detached

Year Built2025

Year Built SourceBuilder

Year Renovated

Year Built DetailsActual,Renovated Since,Under Construction

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone

Accessible Features

Outdoor SpaceDeck

ZoningMR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesSkylight(s), Stained Glass Window(s)

Terms

Disclosures for 21-23 Francis Street, Newton MA 02459

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$132,000

Total Net Income By Broker$132,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 21-23 Francis Street, Newton MA 02459

Real Estate Taxes$11,729

Tax Year2025

Assessed Value$1,196,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$132,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$132,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.83%

Location Information for 21-23 Francis Street, Newton MA 02459

Elementary SchoolWard

Middle SchoolBigelow

High SchoolNnhs

Neighborhood(s)

MLS AreaNewton Center

Area AmenitiesHouse Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation, T-station, Tennis Court(s), Private School, University

Contact Information for 21-23 Francis Street, Newton MA 02459

Agent

Name: Valerie Wastcoat

MLS ID: BB801291

Office ID: AN6227

National Association ID: 449515905

Address: 30 West Pine Street

City: Newton

State: MA

Zip: 02466

Office

Name: Coldwell Banker Realty - Newton

MLS Office ID: AN6227

Phone: 617-969-2447

Payment Calculator

$27,164.57 per month

30 Years Fixed, 6.75% Interest

Property Taxes $977.42

Principal & Interest $26,187.15

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Valerie Wastcoat

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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EXIT

Active

21-23 Francis Street, Newton MA 02459

$4,250,000

Annual Expenses for 21-23 Francis Street, Newton MA 02459

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Coldwell Banker Realty - Newton

Valerie Wastcoat