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2 Days on market
46 Myrtle St Newton — Photo 1 of 30

46 Myrtle St Newton — Photo 1 of 30

$2,295,000

Investment Analysis — 46 Myrtle St

Newton, MA 02465

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02465 carries an estimated $4,200/mo in gross rent — about a 1.29% cap rate and $29,692/yr in estimated NOI at the $2,295,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

2,940

Style

Single Family

Built

1922

Stunningly renovated Colonial in the coveted Pierce School District, ideally positioned directly across from McGrath/Warren Field. The open-concecpt space is designed for both gracious entertaining & comfortable everyday living. The living room is anchored by a striking fireplace framed in floor-to-ceiling quartz, creating a dramatic yet inviting focal point. A first-floor office features sliders opening to a new deck overlooking the level, and manicured yard. The spacious eat-in kitchen is a true centerpiece, offering a generous center island, stainless steel appliances, quartz countertops, and an abundant room for gathering. A stylish half bath and convenient mudroom complete the first level. Upstairs, the light-filled primary suite offers a serene retreat, complete with a spacious walk-in closet and a luxurious bath featuring double vanities and an oversized shower. Two additional bedrooms, a beautifully appointed full bath, and a convenient second-floor laundry provide comfort and functionality for family and guests alike.The exceptional third floor offers a private ensuite bedroom with walk-in closet, full bath, and its own balcony—an ideal sanctuary for guests, an au pair, or a private retreat. The lower level has a fifth bedroom, full bath, and spacious playroom. There is a detached two car garage. Close to shops and highway access.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,940 sq ft principal dwelling). Lot size: 8,960 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.

Open Houses

Property Details

Financials

Original Price$2,295,000
Annual Taxes$8,612

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringHardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
BasementFull, Partially Finished

Climate & Utilities

HeatingForced Air, Heat Pump
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR2

Property & Lot

Acres0.21
SqFt Lot8,960
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4
Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1
Basement
Family RoomBedroom 5
Living Room
Lvl First

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Kitchen
Lvl First

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Office
Lvl First

Flooring - Hardwood, Deck - Exterior, Open Floor Plan, Recessed Lighting, Slider

Family Room
Lvl Basement

Flooring - Hardwood, Recessed Lighting

Master Bedroom
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl Third

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Balcony - Exterior, Recessed Lighting

Bedroom 5
Lvl Basement

Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood, Recessed Lighting

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Recessed Lighting

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Recessed Lighting

Listing Provided By

Listing Agent: The Kennedy Lynch Team

Listing Office: Hammond Residential Real Estate

MLS® Number: 73575206