194 Adams St Newton — Photo 1 of 8
Recent Drop: $295,000
$2,200,000
Investment Analysis — 194 Adams St
Newton, MA 02458 — Nonantum
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02458 carries an estimated $2,510/mo in gross rent — about a 0.52% cap rate and $11,504/yr in estimated NOI at the $2,200,000 list price. Adjust every assumption in the calculator below.
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194 Adams Street presents a compelling buy-and-build development opportunity in the heart of Nonantum, one of Newton’s most sought-after neighborhoods. This fully cleared site will be SOLD WITH A BUILDING PERMIT for five residential units, secured through a special permit, offering a streamlined path to construction and reduced entitlement risk. Proposed plans include three 3-bed, 3-bath townhomes ranging from 1,965–1,983 square feet, along with two 2-bed, 2-bath flats of approximately 904 square feet each, all with direct elevator access from the garage. Located between Washington and Watertown Streets, the property offers convenient access to the Mass Pike (east to downtown Boston, west to Route 95/128), Newton Corner, and the MBTA commuter rail. This accessible location supports strong rental and resale potential near retail, dining, and major employment hubs. Seller will consider offers with buyer concessions.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Highway Access • House of Worship • Public School
Geography
Property History
$2,200,000
Was $2,495,000
Jul 22, 2026
MLS® 73516231
$2,495,000
May 11, 2026
MLS® 73516231
$2,390,000
Oct 30, 2024
MLS® 73250058
$2,390,000
Jun 10, 2024
MLS® 73250058
Listing Agent: Scott Goldsmith
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73516231
