40L Warren Newton — Photo 1 of 6
Recent Drop: $205,000
$3,995,000
Investment Analysis — 40L Warren
Newton, MA 02459
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02459 carries an estimated $2,750/mo in gross rent — about a -0.14% cap rate and $-5,703/yr in estimated NOI at the $3,995,000 list price. Adjust every assumption in the calculator below.
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This is a profoundly unique opportunity in quality, scale, and possibilities. A near acre lot, perched high above a dead-end road overlooking Newton’s largest conservation, just two blocks from the heart of Newton Center, and less than 15 mins to Boston. This is an ultra rare opportunity to build without delay or design oversight from the City of Newton. Zoning is SR2. Zoning allows for 12,500+ SF above ground. No demo delay! Existing home is +5000SF, 6 beds + 1 office with 4 full and 1 half bath. Build new or renovate/expand.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$3,995,000
Was $4,200,000
Sep 14, 2026
MLS® 73570664
$4,200,000
Sep 1, 2026
MLS® 73570664
Listing Agent: Philip Garfinkle
Listing Office: Philip Garfinkle Realty Inc.
MLS® Number: 73570664
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