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Property profile & analytics
OFF-MARKET
Commercial real estate

608 Beacon St Newton, MA 02459

1.2 ac lot
Property ID
US38-1234692
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.2 ac (52,272 SF)
UPID US38-1234692
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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