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Active

40 Harvard St, Newton MA 02460

$1,625,000

Estimated $3,856/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $541,666.67

Total Rent: 103800/year

Estimated CAP Rate:

7 Bedrooms

Baths

3762

Total Parking: 10 (2 Garage)

8,226 (0.19)

Classic charm, thoughtful updates, and a convenient Newtonville location! Just steps from all the restaurants & shops of vibrant Newtonville Square and the commuter rail, this inviting 2+ family home with a legal accessory unit offers flexible living options and easy access to Boston by car or public transportation. Beautiful stained-glass windows in both the first- and second-floor units highlight the home’s architectural character, while sun-filled interiors and hardwood floors create a warm, welcoming atmosphere. Spacious front porches offer the perfect setting for morning coffee or gathering with friends. Energy-conscious improvements include insulation through Mass Save and fully paid-off BlueSel Home Solar panels installed in 2022. The current owner reports no electric bills for past 5 years. Updated 200-amp electrical service adds further value. Irrigation system in place with seperate water meter. Outside, a backyard patio and garden area provide space to relax, entertain, and grow vegetables and flowers. Six off-street parking spaces, plus a two-car garage, offer exceptional convenience. Located within quick walking distance to the 11 acre Cabot Park as well as highly rated schools, Cabot Elementary, Bigelow Middle & Newton North High School. With strong income potential and versatile living arrangements, this distinctive property is an appealing opportunity for investors, owner-occupants, and extended households alike.

This home has been viewed 22 times

Last Checked: October 31st, 2026 at 9:08am (Source: MLS PIN #73590815)

Gross Income: $103,800

Gross Expenses: $14,650

Net Income Calc: $89,150

Water Views

Annual Expenses for 40 Harvard St, Newton MA 02460

Total Gross Expenses (Calculated)$14,650/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14650

Annual Income & Unit Breakdown for 40 Harvard St, Newton MA 02460

Total Gross Income (Calculated)$103,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 40 Harvard St, Newton MA 02460

Listing ID73590815

Property TypeMulti Family / 3 Family

Price1625000 ($431.95/SqFt)

Style3 Family - 3 Units Up/down

CityNewton

CountyMiddlesex

MLS AreaNewtonville

Neighborhood(s)

Approximate Living Area Total3762

Approximate Lot Size (Acres)0.19

Total Parking10 (2 Garage)

Garage Parking2

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area1318

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningMR1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 40 Harvard St, Newton MA 02460

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 Harvard St, Newton MA 02460

Real Estate Taxes14650

Tax Year2026

Assessed Value$1,511,900

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 Harvard St, Newton MA 02460

Elementary SchoolCabot

Middle SchoolBigelow

High SchoolNorth

Neighborhood(s)

MLS AreaNewtonville

Area AmenitiesWalk/jog Trails

Contact Information for 40 Harvard St, Newton MA 02460

Agent

Name: Ed Lyon

Office

Name: Preservation Properties

Phone: 617-527-3700

Team Members

Payment Calculator

, Interest

Property Taxes 1220.83

Principal & Interest 10012.73

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Preservation Properties

Ed Lyon

Agent Phone

Office Phone

(617) 527-3700

Text Agent Call Agent Call Office

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    [unparsed] => 40 Harvard St, Newton MA 02460
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EXIT

39 More Photos

Active

40 Harvard St, Newton MA 02460

$1,625,000

Annual Expenses for 40 Harvard St, Newton MA 02460

Annual Income & Unit Breakdown for 40 Harvard St, Newton MA 02460

General Information for 40 Harvard St, Newton MA 02460

Disclosures for 40 Harvard St, Newton MA 02460

Financial Information for 40 Harvard St, Newton MA 02460

Location Information for 40 Harvard St, Newton MA 02460

Contact Information for 40 Harvard St, Newton MA 02460

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Preservation Properties

Ed Lyon