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

$1,628,000

Estimated $3,568/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $814,000

Total Rent: 38124/year

Estimated CAP Rate:

7 Bedrooms

Baths

2726

Total Parking: 5

4,500 (0.10)

Rare opportunity to own a spacious two-family property in the highly desirable Chestnut Hill/Newton Highlands area. Located across from the Longwood Cricket Club and just minutes from the MBTA Green Line, it is located at the Chestnut Mall neighborhood with fine dining, and shopping this property offers both convenience and strong investment potential. Both units feature two levels of living space. # 987 is occupied by a long-term tenant, providing immediate rental income. #989 offers an expansive townhouse-style layout with 5 bedrooms, 2 full bathrooms, and charming front porches, and can be delivered vacant for owner occupancy or market-rate rental. The property includes six off-street parking spaces and separate systems for each unit. Whether you're seeking an investment property, a 1031 exchange opportunity, or a multi-generational living arrangement, this versatile property offers exceptional value in one of Greater Boston's most sought-after neighborhoods.

This home has been viewed 8 times

Last Checked: July 13th, 2026 at 4:38am (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

Price1628000 ($597.21/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 10031.22

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] => Rare opportunity to own a spacious two-family property in the highly desirable Chestnut Hill/Newton Highlands area. Located across from the Longwood Cricket Club and just minutes from the MBTA Green Line, it is located at the Chestnut Mall neighborhood with fine dining, and shopping this property offers both convenience and strong investment potential. Both units feature two levels of living space. # 987 is occupied by a long-term tenant, providing immediate rental income. #989 offers an expansive townhouse-style layout with 5 bedrooms, 2 full bathrooms, and charming front porches, and can be delivered vacant for owner occupancy or market-rate rental. The property includes six off-street parking spaces and separate systems for each unit. Whether you're seeking an investment property, a 1031 exchange opportunity, or a multi-generational living arrangement, this versatile property offers exceptional value in one of Greater Boston's most sought-after neighborhoods.
    [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] => 2026-07-13 04:38:36
    [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] => 1628000
    [price_per_sqft] => 597.21
    [price_per_unit] => 814000
    [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