287 Langley #38 Newton — Photo 1 of 29
$1,574,900
Investment Analysis — 287 Langley #38
Newton, MA 02459 — Newton Center
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02459 carries an estimated $4,110/mo in gross rent — about a 0.76% cap rate and $11,977/yr in estimated NOI at the $1,574,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
2,783
Style
Condominium
Built
2004
Exceptional 3 bedroom/3.5 bathroom townhouse nestled within The Terraces - an intimate, beautifully landscaped cul-de-sac community in the heart of coveted Newton Center. Enter to a spacious open concept floor plan with a chef's kitchen featuring high-end stainless steel appliances, gas cooking, gleaming granite countertops and generous cabinetry. A butler's pantry connects seamlessly to the dining area, which comfortably seats eight. The expansive living room with soaring ceilings and gas fireplace, opens onto a private patio perfect for indoor-outdoor entertaining. A versatile oversized den ideal for a home office or guest room, alongside a well-appointed powder room complete the living level. King-size primary suite offers enormous walk-in closet and en-suite bath with double vanities, soaking tub and glass shower stall. Second bedroom suite offers a large walk-in closet and en-suite bath. Top floor is complete with laundry. Lower level offers a generous 3rd bedroom, full bath and family room. This home offers a 1 car garage, 1 driveway parking space, central air and incredible storage throughout. Perfectly located just moments to the restaurants and shops of Newton Center & Chestnut hill, Parks & walking trails with easy access to Route 9 & I-90.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Kopman Adler Team
Listing Office: Compass
MLS® Number: 73574033
