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1242-1244 Beacon St #1242 Newton — Photo 1 of 26

1242-1244 Beacon St #1242 Newton — Photo 1 of 26

$1,695,000

Investment Analysis — 1242-1244 Beacon St #1242

Newton, MA 02468

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02468 carries an estimated $4,860/mo in gross rent — about a 1.45% cap rate and $24,562/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,944

Style

Condominium

Built

2022

Rarely seen flexibility and value offered in newer construction — this front unit townhouse offers 4+ bedrooms, 3.5 baths & nearly 4,000 SF (built 2022) in Newton's coveted Waban neighborhood. Set on a well-traveled road for easy access, it's .2 mi to Cold Spring Park with its summer farmer's market & Zervas School, under a mile to the Waban Green Line, with a Walk Score of 75. Main level features a chef's kitchen with Thermador gas range & oversized island, fireplaced living/dining with expansive windows, & a first-floor home office. Trayed ceilings, polished lighting, interior garage access & two mudrooms add ease. Wired for surround sound. Upstairs: primary suite with walk-in closet, balcony & four-piece bath with heated floors, plus two more bedrooms, a full bath & laundry. Top-floor flex space suits office, gym, or guest room; lower level adds a full guest suite — bedroom, bath, lounge, wet bar — ideal for in-laws or extended family. A low-maintenance private patio & fenced yard offer outdoor space without too much upkeep. Parking includes a garage space plus one additional off-street spot. About a mile to Waban Sq & Newton Centre's shops, restaurants & cinema, with easy highway access. Rather than a home across the street, enjoy a rare open outlook onto a park-like setting. Flexible, newer & beautifully situated in the heart of Waban. Come see it for yourself.

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.

Open Houses

Property Details

Financials

Original Price$1,695,000
Annual Taxes$17,361
HOA Fee$200

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms10
Fireplaces1
FlooringHardwood
BasementY

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningMR1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family RoomBedroom 4
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl Basement
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Basement
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second

Property History

Listed
$1,695,000

Sep 9, 2026

MLS® 73573866

Terminated
$1,695,000

Sep 9, 2026

MLS® 73485441

Listed
$1,695,000

Mar 11, 2026

MLS® 73485441

Listing Provided By

Listing Agent: Savenor Berkery Group

Listing Office: Compass

MLS® Number: 73573866