832 Chestnut St, Newton, MA, 02468 | 5.25% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

832 Chestnut St, Newton, MA, 02468 | 5.25% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
4629 sft

6 John Matthew Rd, Hopkinton, MA, 01748

4 Bed
5 Bath
4797 sft

449 Dover Rd, Westwood, MA, 02090

5 Bed
4 Bath
4293 sft

26 Donnelly Dr, Dover, MA, 02030

5 Bed
6 Bath
6213 sft

33 Maugus Hill Rd, Wellesley, MA, 02481

Nearby investment properties with comparable prices

4 Bed
4 Bath
4100 sft

3 Ferndale Rd, Natick, MA, 01760

4 Bed
3 Bath
4356 sft

68 Whitney St, Sherborn, MA, 01770

4 Bed
4 Bath
4160 sft

23 Darlene Dr, Southborough, MA, 01772

3 Bed
3 Bath
4252 sft

69 Bogastow Brook Rd, Sherborn, MA, 01770

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

Rental property for sale in Newton at 832 Chestnut St, Newton, MA, 02468 generates $8,113/mo in rent, after a $9,079/mo payment. Total monthly income is $8,113/mo. Return on cash invested sits at 13.23% in year one, and rental yield is 5.25% on a $1,855,000 entry. Equity gained on principal adds $11,970/yr, while 5% annual appreciation builds toward $512,502 over five years. Five-year ROI reaches 67.05% and total cumulative return in cash sums $403,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,113/mo property income rather than buyer’s personal income.

Single Family

Built in 1925

8,600 sqft lot

$N/A/sqft

No HOA

More details about the property

Experience the perfect blend of classic charm and modern living in this four bedroom, three and a half bath Tudor home in desirable Waban. This home boasts a floor plan with great flow starting with an expanded kitchen featuring stainless appliances and a dining area with skylights. Enjoy entertaining in the elegant dining room and relaxing by the fireplace in the spacious living room. An office or playroom, a sunlit family room leading to the deck, and half bath complete this floor. Upstairs the primary bedroom with ensuite bath has ample closets. There are three additional well-proportioned bedrooms, and another full bath which offer plenty of room for hosting family and guests. The basement has a large bonus room perfect for a home gym, play/family room, plus storage, office space and workshop. Updates include roof-2023, many windows-2023, A/C-2021 and water heater-2021. Great location close to schools, shops, restaurants, the Waban T, Waban village center, parks and highways.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02468, Waban, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,032 (100%)
Owner Occupied HU	1,720 (84.6%)
Renter Occupied HU	253 (12.5%)
Vacant Housing Units	59 ( 2.9%)
Median Home Value	$1,636,146
Average Home Value	$1,624,507