250 Hammond Pond Pkwy APT 615N, Newton, MA, 02467 | 6.13% Rental Yield

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250 Hammond Pond Pkwy APT 615N, Newton, MA, 02467 | 6.13% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Newton at 250 Hammond Pond Pkwy APT 615N, Newton, MA, 02467 earns from $4,028/mo rent with a $3,862/mo payment. Total monthly income totals $4,028/mo. ROI tracks 15.69% on current figures, and rental yield reads 6.13% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 80.33% and total cumulative return in cash sums $208,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,028/mo property income instead of your personal income.

Condo

Built in 1978

17.48 Acres lot

$N/A/sqft

No HOA

More details about the property

This sprawling condominium with southwest exposure and beautiful views is truly a rare find at the Towers of Chestnut Hill. This corner unit showcases tremendous space, light and well-proportioned rooms and expands nearly 1,300 sq. ft. and feels even larger. This home allows the perfect backdrop for entertaining. From the moment you drive up to the circular drive, the Towers offers the ultimate in privacy, service and luxury. The Towers of Chestnut Hill sits on 17 acres of land in the finest area in Chestnut Hill. Indoor heated swimming pool, newly installed fitness center, brand new pickle ball court and 24-hour doorman underscores it all. Strong, healthy HOA, reserves.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02467, Chestnut Hill, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,349 (100%)
Owner Occupied HU	4,325 (58.9%)
Renter Occupied HU	2,313 (31.5%)
Vacant Housing Units	711 ( 9.7%)
Median Home Value	$1,542,741
Average Home Value	$1,485,652