Brick Duplex with Updated Owner’s
New
For Sale
$1,295,000
35 Farquhar Rd, Newton, MA 02460
Two-family residence with a level lot and an open basement offering potential for expansion.
Property Size2,666 SF
Price / SF$485.75
Days on Market7
Property Features for 35 Farquhar Rd
General Information
Standard status
Active
Size
2,666 SF
Property subtype
Residential Income
Zoning
MR1
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,147
Amenities
High Speed Internet
Upgraded Cabinets
Upgraded Countertops
Bathroom With Tub & Shower
Internet Available - Fiber-Optic
Ceiling Fan(s)
Living Room
Dining Room
Kitchen
Office/Den
Rain Gutters
Garden
Building Details
Building Size
2,666 SF
Year Built
1950
Stories
2
Units
2
Construction
brick
Listing Agency:
Coldwell Banker Realty - Newton
Listed By:
Cyndi Kim
(617) 823-5479
Source:
Fayesimonrealestate
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 1:09PM
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 - Newton
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1950 brick duplex contains 2,666 square feet and sits on a level lot. The owner’s unit has an updated kitchen and bath, with hardwood floors throughout. An open basement provides potential for expansion. The property is zoned MR1.
Shopping, restaurants, Whole Foods, Cabot School, and commuter rail are within walking distance. Major routes and the Mass Pike are a short drive away.
Shopping, restaurants, Whole Foods, Cabot School, and commuter rail are within walking distance. Major routes and the Mass Pike are a short drive away.
Key Highlights
- 2,666‑square‑foot brick two‑family property
- Owner’s unit features an updated kitchen and bath
- Hardwood floors throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,414
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,280
$1.1M
Cap Rate 7%
$805,914
$805.9K
Cap Rate 9%
$626,822
$626.8K
Market Conditions
NOI Build-Up for 2,666 SF
Gross rent
$84.8K $31.80/SF
− Vacancy
−$4.2K −$1.57/SF
EGI
$80.6K $30.23/SF
− OpEx
−$24.2K −$9.07/SF
NOI
$56.4K $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%
$1,128,280
Cap Rate 7%
$805,914
Cap Rate 9%
$626,822
Alternative Uses
Best Use
Multifamily LT 5
$805.9K
$705.2K – $940.2K
NOI $56,414 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$757.8K
$663.1K – $884.1K
NOI $53,044 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,478 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 02460, MA
9,204
Population
4,171
Households
2.2
Avg Household Size
43
Median Age
78%
College-Educated
98%
High-School Grad
1.3 sq mi
ZIP Area
7,080
Density / Sq Mi
$154,329
Median Household Income
$82,458
Median Earnings
$2,606
Median Rent
$1,124,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with a level lot and an open basement offering potential for expansion.
Where is this duplex located?
The property is located at 35 Farquhar Rd Newton, MA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2,666‑square‑foot brick two‑family property; Owner’s unit features an updated kitchen and bath; Hardwood floors throughout
