27-29 Commonwealth #1 Newton — Photo 1 of 18
Recent Drop: $25,000
$600,000
Investment Analysis — 27-29 Commonwealth #1
Newton, MA 02467 — Chestnut Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02467 carries an estimated $3,420/mo in gross rent — about a 3.59% cap rate and $21,553/yr in estimated NOI at the $600,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
735
Style
Condominium
Built
1927
Welcome to the Covenant Residences on Commonwealth. This enticing corner one bedroom, one bathroom condo with 1 garage parking space and in-unit laundry, offers an open concept floor plan offers oversized windows that stream natural light. The home enjoys an open floor plan which is perfect for entertaining; fully applianced kitchen with a breakfast countertop,a generous living room showcases custom window shades, updated flooring and recessed lighting. A large one bedroom with crown molding, upgraded flooring and two closets. Full bathroom with tiled shower/ tub and a washer/ dryer combo. Need a garage space parking-this unit has 1 direct access garage space directly under unit with easy internal access to unit. Located steps Boston College along the "B" train of the green line. Easy accessibility Rte. 9 shops, restaurants, the Chestnut Hill Reservoir, Boston College and more.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Highway Access • T-Station
Geography
Property History
$600,000
Was $615,000
Sep 17, 2026
MLS® 73508572
$615,000
Was $625,000
Jul 16, 2026
MLS® 73508572
$625,000
Apr 28, 2026
MLS® 73508572
Listing Agent: Eric Holmes
Listing Office: Meridian Realty Group LLC
MLS® Number: 73508572
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