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Active

40 Cypress St, Newton MA 02459

$4,250,000

Estimated $8,122/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $425,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

15000

Total Parking: 9

17,460 (0.40)

Rare development opportunity at 40 Cypress Street in Newton. This 17,000± sq. ft. lot has been subdivided through an approved ANR plan, creating two development parcels. One parcel is approved for two buildings containing six total units, while the second parcel is approved for one four-unit building, for a total of 10 units under Newton’s MRT zoning. Approvals and plans currently in hand include the ANR plan filed with the Registry of Deeds, an approved MRT project through the DRT team with the order filed at the Registry, filed engineering plans, interior demolition permit, fire and sprinkler plans, and tree permit. Structural plans and building permits are expected to be delivered by closing. A significant opportunity to acquire a well-advanced Newton development project with substantial approvals already completed.

This home has been viewed 4 times

Last Checked: July 17th, 2026 at 7:33pm (Source: MLS PIN #73551391)

Gross Income: $0

Gross Expenses: $14,766

Net Income Calc: $14,766

Annual Expenses for 40 Cypress St, Newton MA 02459

Total Gross Expenses (Calculated)$14,766/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14766

Annual Income & Unit Breakdown for 40 Cypress St, Newton MA 02459

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 40 Cypress St, Newton MA 02459

Listing ID73551391

Property TypeMulti Family

Price4250000 ($283.33/SqFt)

Style5+ Family - 5+ Units Up/down

CityNewton

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total15000

Approximate Lot Size (Acres)0.4

Total Parking9

Garage Parking0

Year Built2026

Year Built SourceOwner

Year Built DetailsTo Be Built

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMR1/MR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 40 Cypress St, Newton MA 02459

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOwner

ExclusionsAll Appliances To Remain.

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 40 Cypress St, Newton MA 02459

Real Estate Taxes14766

Tax Year2026

Assessed Value$1,523,800

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 40 Cypress St, Newton MA 02459

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 40 Cypress St, Newton MA 02459

Agent

Name: O & C Homes Team

Office

Name: William Raveis R.E. & Home Services

Phone: 617-964-1850

Team Members

Payment Calculator

, Interest

Property Taxes 1230.5

Principal & Interest 26187.15

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

O & C Homes Team

Agent Phone

Office Phone

(617) 964-1850

Text Agent Call Agent Call Office

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    [unparsed] => 40 Cypress St, Newton MA 02459
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EXIT

Active

40 Cypress St, Newton MA 02459

$4,250,000

Annual Expenses for 40 Cypress St, Newton MA 02459

Annual Income & Unit Breakdown for 40 Cypress St, Newton MA 02459

General Information for 40 Cypress St, Newton MA 02459

Disclosures for 40 Cypress St, Newton MA 02459

Financial Information for 40 Cypress St, Newton MA 02459

Location Information for 40 Cypress St, Newton MA 02459

Contact Information for 40 Cypress St, Newton MA 02459

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

William Raveis R.E. & Home Services

O & C Homes Team