
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl FirstFlooring - Hardwood, Deck - Exterior, Open Floor Plan, Recessed Lighting, Slider
Family Room
Lvl BasementFlooring - Hardwood, Recessed Lighting
Master Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl ThirdBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Balcony - Exterior, Recessed Lighting
Bedroom 5
Lvl BasementCloset, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Hardwood, Recessed Lighting
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Recessed Lighting
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Recessed Lighting
Listing Agent: The Kennedy Lynch Team
Listing Office: Hammond Residential Real Estate
MLS® Number: 73575206

