59 Charlotte Rd, Newton, MA, 02459 | 4.98% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

59 Charlotte Rd, Newton, MA, 02459 | 4.98% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
3082 sft

151 Arcadia Rd, Westwood, MA, 02090

4 Bed
3 Bath
4275 sft

2 Yorkshire Rd, Dover, MA, 02030

4 Bed
3 Bath
2395 sft

4 Beechwood Dr, South Walpole, MA, 02071

3 Bed
2 Bath
2742 sft

177 Main St, Wayland, MA, 01778

Nearby investment properties with comparable prices

4 Bed
3 Bath
2273 sft

186 Conant Rd, Westwood, MA, 02090

4 Bed
3 Bath
3613 sft

2 Woodcock Path, Natick, MA, 01760

4 Bed
3 Bath
3000 sft

94 Laurel Dr, Needham, MA, 02492

6 Bed
3 Bath
3297 sft

63 Hyde St, Newton, MA, 02461

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Newton at 59 Charlotte Rd, Newton, MA, 02459 listed at $1,349,986 pairs $5,605/mo rent with a $6,608/mo payment. Total monthly income runs $5,605/mo. Return on cash invested measures 12.4% in year one, and rental yield registers 4.98% at a $1,349,986 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,976 by year five. Five-year ROI tracks 62.64% and total cumulative return in cash totals $273,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,605/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1930

7,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Colonial/Tudor Home in Prime Newton Location! Located just moments from the Newton Centre, this classic style 8-room home offers timeless character, generous space, and endless potential. Featuring 4 spacious bedrooms, 1.5 baths, a detached garage, and both a full expansive unfinished basement and attic, this property is the perfect canvas for your vision. Inside, youll find well-proportioned rooms with original architectural details that speak to the homes heritage, ready to be restored or reimagined. Whether you're looking to renovate, expand, or simply update, this home provides the ideal foundation. Enjoy the convenience of being close to everything, just minutes from the Newton Centre, Mason-Rice Elementary School, Library, Whole Foods, local shops, restaurants, Cold Spring Park, Crystal Lake and more! This is a rare opportunity to create your dream home in one of Newtons most desirable neighborhoods. Open Houses are this Saturday and Sunday from 1-3pm!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02459, Newton Center, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,329 (100%)
Owner Occupied HU	5,690 (77.6%)
Renter Occupied HU	1,239 (16.9%)
Vacant Housing Units	400 ( 5.5%)
Median Home Value	$1,446,253
Average Home Value	$1,497,728