608 Beacon St Newton, MA 02459
This exceptional 1.2-acre lot, located at 608 Beacon Street in Newton Centre, MA, presents a unique investment opportunity for builders, contractors, or investors. Boasting nearly 55,000 square feet of land with substantial frontage, this property offers remarkable flexibility for development. The existing 2,810 square foot home features nine rooms, four bedrooms, two bathrooms, a finished basement, and a one-car garage. Its updated condition provides immediate income potential or a comfortable residence while development plans are finalized. The prime location offers unparalleled convenience, with easy access to Newton Centre's vibrant shopping, dining, and banking scene, as well as public transportation, including the Green Line providing direct access to downtown Boston. Proximity to top-rated public schools and Boston College further enhances its appeal. This rare offering in the desirable Newton Centre/Chestnut Hill area combines the best of suburban living with exceptional accessibility to Boston's urban amenities. The asking price is $2,689,000. Don't miss this chance to acquire a truly exceptional piece of real estate in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.