Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

987-989 Boylston Street, Newton MA 02461

Active

987-989 Boylston Street, Newton MA 02461

$1,548,000

Estimated $3,438/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $774,000

Total Rent: 38124/year

Estimated CAP Rate:

7 Bedrooms

Baths

2726

Total Parking: 5

4,500 (0.10)

Price Reduced by $80,000! Rare opportunity to own a spacious two-family home in the highly desirable Newton Highlands/Chestnut Hill area, offering an exceptional combination of location, convenience, and investment potential. Ideally situated directly across from the prestigious Longwood Cricket Club, this property is just a 10-minute walk to Eliot Station on the MBTA Green Line, providing easy access to Boston and surrounding communities. Enjoy the best of Newton living with close proximity to Newton Centre, Brookline, Boston College, Chestnut Hill Mall, fine dining, shopping, parks, and everyday amenities, all within reach. Located in the renowned Newton public school system, this property is perfect for investors, owner occupants, 1031 exchange buyers, or multi-generational living. Both units offer two levels of living space with excellent flexibility. Unit #987 is occupied by a long-term tenant, providing immediate rental income, while Unit #989 features a spacious townhouse-style layout with 5 bedrooms, 2 full bathrooms, charming front porches, and can be delivered vacant for owner occupancy or market-rate rental opportunities. Recent improvements include new front-facing windows for the second-floor unit and two new hot water heaters installed in July 2026. The property also features separate utilities and systems for each unit, plus six off-street parking spaces, a rare convenience in this sought-after Newton neighborhood. With its prime location near transportation, top-rated schools, premier shopping, and vibrant community amenities, this exceptional two-family residence offers outstanding value and long-term potential. Don’t miss this opportunity to own a versatile property in one of the most desirable areas of Newton, now offered at an incredible value following an $80,000 price reduction.

This home has been viewed 10 times

Last Checked: August 7th, 2026 at 6:53am (Source: MLS PIN #73546584)

Gross Income: $38,124

Gross Expenses: $11,134

Net Income Calc: $26,990

Water Views

Annual Expenses for 987-989 Boylston Street, Newton MA 02461

Total Gross Expenses (Calculated)$11,134/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11134

Annual Income & Unit Breakdown for 987-989 Boylston Street, Newton MA 02461

Total Gross Income (Calculated)$38,124

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 987-989 Boylston Street, Newton MA 02461

Listing ID73546584

Property TypeMulti Family / 2 Family

Price1548000 ($567.87/SqFt)

Style2 Family - 2 Units Up/down

CityNewton

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2726

Approximate Lot Size (Acres)0.1

Total Parking5

Garage Parking0

Year Built1912

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoningresident

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 987-989 Boylston Street, Newton MA 02461

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsInflatable Hot Tub.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 987-989 Boylston Street, Newton MA 02461

Real Estate Taxes11134

Tax Year2026

Assessed Value$1,170,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 987-989 Boylston Street, Newton MA 02461

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 987-989 Boylston Street, Newton MA 02461

Agent

Name: Winner Yam McDonald

Office

Name: William Raveis R.E. & Home Services

Phone: 617-322-3933

Payment Calculator

, Interest

Property Taxes 927.83

Principal & Interest 9538.28

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Winner Yam McDonald

Agent Phone

Office Phone

(617) 322-3933

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.1 acres (4,500 SqFt)
    [add_date] => 2026-07-09 07:48:32
    [address] => Boylston Street
    [agent] => Array
        (
            [address] => 569 Washington Street
            [city] => Braintree
            [id] => CN205078
            [name] => Winner Yam McDonald
            [national_association] => 455022430
            [office] => AN0762
            [state] => MA
            [zip] => 02184
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2726
    [approx_lot_size_acres] => 0.1
    [approx_lot_size_sqft] => 4500
    [assessed_value] => $1,170,000
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 7
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 2 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Newton
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Price Reduced by $80,000! Rare opportunity to own a spacious two-family home in the highly desirable Newton Highlands/Chestnut Hill area, offering an exceptional combination of location, convenience, and investment potential. Ideally situated directly across from the prestigious Longwood Cricket Club, this property is just a 10-minute walk to Eliot Station on the MBTA Green Line, providing easy access to Boston and surrounding communities. Enjoy the best of Newton living with close proximity to Newton Centre, Brookline, Boston College, Chestnut Hill Mall, fine dining, shopping, parks, and everyday amenities, all within reach. Located in the renowned Newton public school system, this property is perfect for investors, owner occupants, 1031 exchange buyers, or multi-generational living. Both units offer two levels of living space with excellent flexibility. Unit #987 is occupied by a long-term tenant, providing immediate rental income, while Unit #989 features a spacious townhouse-style layout with 5 bedrooms, 2 full bathrooms, charming front porches, and can be delivered vacant for owner occupancy or market-rate rental opportunities. Recent improvements include new front-facing windows for the second-floor unit and two new hot water heaters installed in July 2026. The property also features separate utilities and systems for each unit, plus six off-street parking spaces, a rare convenience in this sought-after Newton neighborhood. With its prime location near transportation, top-rated schools, premier shopping, and vibrant community amenities, this exceptional two-family residence offers outstanding value and long-term potential. Don’t miss this opportunity to own a versatile property in one of the most desirable areas of Newton, now offered at an incredible value following an $80,000 price reduction.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Inflatable Hot Tub.
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-08-07 06:53:35
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 4
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73546584
    [neighborhoods] => 
    [net_income_calc] => 26990
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN0762
            [name] => William Raveis R.E. & Home Services
            [phone] => 617-322-3933
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 1548000
    [price_per_sqft] => 567.87
    [price_per_unit] => 774000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 2 Family - 2 Units Up/down
        )

[real_estate_tax] => 11134
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 12
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 987-989
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2026
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 11134
    [total_gross_income] => 38124
    [total_parking] => 5
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 2
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 5
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 987-989 Boylston Street, Newton MA 02461
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

28 More Photos