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Canceled

10-12 Belmont St, Newton MA 02458

$2,875,000

Estimated $6,286.80/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,437,500

Total Rent: 187800/year

Estimated CAP Rate: 5.71%

8 Bedrooms

6 Full, 2 Half Baths

5,580 SqFt

Total Parking: 4 (2 Garage)

5,085 SqFt

Introducing LUXURY two attached Townhouse! Fully rented & generating approx $16,000/month in rental income. 8 bed 7 bath, 2 gas fireplace feature 5580sf of interior space spread across 4 levels. Great for a 1031 exchange of investor looking for property with great potential cash flow. The first floor features a chef’s kitchen with quartz countertops, custom cabinets, and a Bosch appliance. Energy rated. NEST. Garage parking, outdoor space. walk-in closets, en-suite bath.

This home has been viewed 72 times

Last Checked: May 6th, 2025 at 4:19am (Source: MLS PIN #73347245)

Gross Income: $187,800

Gross Expenses: $23,600

Net Income Calc: $164,200

CAP Rate: 5.71%

Annual Expenses for 10-12 Belmont St, Newton MA 02458

Total Gross Expenses (Calculated)$23,600/year

APOD AvailableYes

Heating

Electricity

Water$100

Gas$100

Insurance$2,000

Sewer$100

Trash Removal

Repair & Maintenance$2,000

Management

Miscellaneous

Real Estate Tax$19,500

Annual Income & Unit Breakdown for 10-12 Belmont St, Newton MA 02458

Total Gross Income (Calculated)$187,800

Unit 1

Rental Income$7,800

LeaseY

Bedrooms4

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none)

Unit 2

Rental Income$7,850

LeaseN

Bedrooms4

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none)

General Information for 10-12 Belmont St, Newton MA 02458

Listing ID73347245

Property TypeMulti Family / 2 Family

Price$2,875,000 ($515.23/SqFt)

Style2 Family - 2 Units Side By Side

CityNewton

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total5,580 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking4 (2 Garage)

Garage Parking2 / Detached

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesOther

Foundation Area1536

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpacePatio

ZoningMR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 10-12 Belmont St, Newton MA 02458

Lead Paint

UFFIUnknown

Living Area Includes BasementYes

Living Area Disclosuregross sqft is approximate

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$4,050

Total Gross Income By Broker$190,000

Total Net Income By Broker$20,000

For Sale By OwnerEntry Only

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 10-12 Belmont St, Newton MA 02458

Real Estate Taxes$19,500

Tax Year2025

Assessed Value$1,989,800

Financial Data SourceOwner

Total Gross Expenses By Broker$4,050

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$190,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$20,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.71%

Location Information for 10-12 Belmont St, Newton MA 02458

Elementary SchoolUnderwood

Middle SchoolBigelow

High SchoolNewton North

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Public Transportation, Tennis Court(s), University

Contact Information for 10-12 Belmont St, Newton MA 02458

Agent

Name: Derek Greene

Office

Name: The Greene Realty Group

Phone: 860-560-1006

Payment Calculator

, Interest

Property Taxes 1625

Principal & Interest 17714.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Greene Realty Group

Derek Greene

Agent Phone

Office Phone

(860) 560-1006

Text Agent Call Agent Call Office

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    [description] => Introducing LUXURY two attached Townhouse! Fully rented & generating approx $16,000/month in rental income. 8 bed 7 bath, 2 gas fireplace feature 5580sf of interior space spread across 4 levels. Great for a 1031 exchange of investor looking for property with great potential cash flow. The first floor features a chef’s kitchen with quartz countertops, custom cabinets, and a Bosch appliance. Energy rated. NEST. Garage parking, outdoor space. walk-in closets, en-suite bath.
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[perc_test_date] => Unknown
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[year_built] => 1924
    [year_built_details] => Approximate
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EXIT