33 Parsons St Newton — Photo 1 of 39
Recent Drop: $74,000
$1,625,999
Investment Analysis — 33 Parsons St
Newton, MA 02465
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02465 carries an estimated $7,600/mo in gross rent — about a 3.65% cap rate and $59,278/yr in estimated NOI at the $1,625,999 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4
SqFt
3,587
Style
Multi Family
Built
1890
Well-maintained, newly updated two-family home in desirable West Newton, nestled close to the Cheesecake Brook,offering an excellent opportunity for owner-occupants, extended families, or investors. The property features threeseparate living units with flexible layouts and the potential to customize to your needs. First floor offers 5 rooms, 2bedrooms and 1 bath ; Second floor offers 5 rooms, 3 bedrooms and 2 baths; Lower level is finished and offers 3 rooms, 1bedroom and 1 bath ( HERS Certification in process for optional ADU ). Beautifully updated newer, Separate furnaces,water tanks, and electric panels. For each unit ,laundry is on lower level w/new W&D. Newly paved 2 driveways: 6vehicles and 4 vehicles respectively ;well landscaped yard. Spacious backyard and decks to sit out and enjoy the summerweather. Conveniently located near restaurants, shopping/Trader Joe's, Albemarle Park & Pool, and T-Green Line/Commuter Rail . A great opportunity to own a multi-family property in a sought-after Newton location. OPEN HOUSES:Saturday, Aug 22nd 10:30-12:30 and Sunday, Aug 23rd 2-4.
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Property History
$1,625,999
Was $1,699,999
Aug 26, 2026
MLS® 73564453
$1,699,999
Aug 17, 2026
MLS® 73564453
Listing Agent: Charlotte Marroccomohler
Listing Office: Berkshire Hathaway HomeServices Verani Realty
MLS® Number: 73564453
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