New Four-Level Duplex
For Sale
$2,550,000
308 Newton Street, Waltham, MA 02453
Newly constructed duplex offers four finished levels per unit with first-floor bedrooms and full baths.
Property Size6,004 SF
Price / SF$424.72
Days on Market132
Property Features for 308 Newton Street
General Information
Standard status
Active
Size
6,004 SF
Total Parking Spaces
10
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Building Size
6,004 SF
Year Built
2025
Stories
4
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty - Waltham
(781) 893-0808
Listed By:
Dave DiGregorio · License #9028021
(617) 909-7888
Source:
Churchillprop
Added: May 28
Changed: Oct 1
Last Checked: Oct 5 at 5:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Waltham
Investment Insights
Based on property information with market context.
Newly constructed duplex spanning four finished levels on each unit, configured as contemporary townhomes. Each residence features four bedrooms and 3.5 baths, plus a 1-car garage. The layout includes a first-floor bedroom with a full bath, along with an open main level featuring an updated-style kitchen with premium finishes, a great room with LED soffit lighting and a linear gas fireplace, and a glass staircase with lit treads. Additional living space includes dining and living areas, a powder room, and a convenient laundry room. Upstairs, there are three bedrooms, including a primary suite with mosaic tile and a custom vanity.
The property is described as offering easy access to Moody St and public transportation, with walls of glass and soaring ceilings highlighting Boston skyline views.
The property is described as offering easy access to Moody St and public transportation, with walls of glass and soaring ceilings highlighting Boston skyline views.
Key Highlights
- Newly constructed duplex built in 2025 with four finished levels per unit
- Each unit includes a first‑floor bedroom with a full bath
- Each unit features 4 bedrooms and 3.5 baths with a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,047
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,540,940
$2.5M
Cap Rate 7%
$1,814,957
$1.8M
Cap Rate 9%
$1,411,633
$1.4M
Market Conditions
NOI Build-Up for 6,004 SF
Gross rent
$190.9K $31.80/SF
− Vacancy
−$9.4K −$1.57/SF
EGI
$181.5K $30.23/SF
− OpEx
−$54.4K −$9.07/SF
NOI
$127.0K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,540,940
Cap Rate 7%
$1,814,957
Cap Rate 9%
$1,411,633
Alternative Uses
Best Use
Multifamily LT 5
$1.81M
$1.59M – $2.12M
NOI $127,047 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$1.71M
$1.49M – $1.99M
NOI $119,459 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$3.55M
$3.11M – $4.15M
NOI $248,804 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,732
Businesses Nearby
Explore this area
Business Placement
Demographics for 02453, MA
31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Newly constructed duplex offers four finished levels per unit with first-floor bedrooms and full baths.
Where is this duplex located?
The property is located at 308 Newton Street Waltham, MA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Newly constructed duplex built in 2025 with four finished levels per unit; Each unit includes a first‑floor bedroom with a full bath; Each unit features 4 bedrooms and 3.5 baths with a 1‑car garage
