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Active Under Contract

48-50 Carleton Street, Newton MA 02458

$1,375,000

Estimated $3,043.89/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $687,500

Total Rent: 92640/year

Estimated CAP Rate: 6.03%

7 Bedrooms

2 Full Baths

2,218 SqFt

Total Parking: 3

3,600 SqFt

Excellent opportunity for owner-occupants, or first-time investors to own in one of Newton’s most desirable neighborhoods. 48–50 Carleton Street offers a well-maintained multi-family property with spacious layouts and strong rental income potential, allowing buyers to live in one unit while offsetting their mortgage with rental income. Located on a quiet residential street yet minutes to public transportation, major commuter routes, village centers, shops, restaurants, and top-rated Newton schools. A rare chance to enter the Newton market with flexibility for future appreciation and long-term wealth building. Ideal for buyers looking to house-hack, invest, and grow in a stable, high-demand area.

This home has been viewed 17 times

Last Checked: February 10th, 2026 at 7:03am (Source: MLS PIN #73474278)

Gross Income: $92,640

Gross Expenses: $9,772

Net Income Calc: $82,868

CAP Rate: 6.03%

Annual Expenses for 48-50 Carleton Street, Newton MA 02458

Total Gross Expenses (Calculated)$9,772/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,772

Annual Income & Unit Breakdown for 48-50 Carleton Street, Newton MA 02458

Total Gross Income (Calculated)$92,640

Unit 1

Rental Income$3,320

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$4,400

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 48-50 Carleton Street, Newton MA 02458

Listing ID73474278

Property TypeMulti Family / 2 Family

Price$1,375,000 ($619.93/SqFt)

Style2 Family - 2 Units Up/down

CityNewton

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,218 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1875

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningMR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 48-50 Carleton Street, Newton MA 02458

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$92,640

Total Net Income By Broker$92,640

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 48-50 Carleton Street, Newton MA 02458

Real Estate Taxes$9,772

Tax Year2025

Assessed Value$997,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$92,640

BostonRealEstate.com Gross Income

Total Net Income By Broker$92,640

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.03%

Location Information for 48-50 Carleton Street, Newton MA 02458

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool

Contact Information for 48-50 Carleton Street, Newton MA 02458

Agent

Name: Niko Stafford

Office

Name: CRG Commercial

Phone: 617-393-4200

Payment Calculator

, Interest

Property Taxes 814.33

Principal & Interest 8472.31

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

CRG Commercial

Niko Stafford

Agent Phone

Office Phone

(617) 393-4200

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [zoning] => MR2
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)

EXIT