66 Rockland Place Newton — Photo 1 of 3
$4,995,000
Investment Analysis — 66 Rockland Place
Newton, MA 02464 — Newton Upper Falls
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02464 carries an estimated $4,280/mo in gross rent — about a 0.59% cap rate and $29,414/yr in estimated NOI at the $4,995,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,091
Style
Single Family
Built
1830
Development opportunity in a PRIME Newton Upper Falls location. This is a 41,102 sq ft MR1 / Multi residentially zoned lot with a single family home.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 546 sq ft (the lesser of 900 sq ft or half the 1,091 sq ft principal dwelling). Lot size: 41,102 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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
$4,995
Jun 24, 2026
MLS® 73496599
$4,995
Apr 6, 2026
MLS® 73496599
$4,995,000
Mar 11, 2025
MLS® 73343859
Listing Agent: Alison Haran
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73343859
Related Insights
Newton’s 8,330-Unit Zoning Unlock Isn’t Move-Up Relief
Newton Upper Falls Homes and the Green Line Trade-Off
Newton Move-Up Families and the Buy-Side Trap
Auburndale Space vs. Newton’s ~$1.55M Median
Newton MA Property Tax: Why Assessments Matter
Newton MA Real Estate: Village and Price-Tier Divide
Walkable Newton Neighborhoods: Green Line vs Pike
