450 Lexington St # 204 Newton Auburndale, MA 02466
Move-in ready office suite with glass-enclosed reception, private and open work areas, and ample on-site parking.
Property Features for 450 Lexington St # 204 Newton
General Information
- Standard status
- Active
- Size
- 1,738 SF
Building Details
- Year Built
- 1985
Listing office (508) 643-8166
Listing date Apr 15, 2026
Source Bournetosellrealestate
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All listing content including descriptions, pricing, images are the copyrighted material of Sharon Lucido
Investment Insights
Based on property information with market context.
Located in Auburndale at 450 Lexington St #204, the building provides elevator access and ample on-site parking via a private drive. The property is described as just minutes from Interstates 90 and 95 and approximately 16 minutes to Boston, with walkable access to village dining, Starbucks, and commuter rail and Green Line service.
A good fit for professional service firms looking to purchase their own suite in a professionally managed, boutique building with ongoing upgrades. The combination of reception support, conference space, and varied office configurations supports both meetings with clients and efficient internal collaboration, while on-site parking and transit access help accommodate employees and visitors.
Key Highlights
- 1,738 SF office condominium built in 1985 with move‑in‑ready interior features
- Glass‑enclosed reception area plus conference room and kitchenette
- Mix of private and open offices with oversized windows and high ceilings
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.3k | $54.24 |
| − Vacancy | −$20.7k | −$11.93 |
| EGI | $73.5k | $42.31 |
| − OpEx | −$18.4k | −$10.58 |
| NOI | $55.1k | $31.73 |
