
386 Watertown St #2 Newton — Photo 1 of 8
$930,000
Investment Analysis — 386 Watertown St #2
Newton, MA 02458 — Nonantum
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02458 carries an estimated $3,130/mo in gross rent — about a 2.81% cap rate and $26,145/yr in estimated NOI at the $930,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
903
Style
Condominium
Built
2026
Newton Parkview presents a rare opportunity for modern living in the heart of Nonantum, one of Newton’s most distinctive and beloved neighborhoods. This residence is one of only 8 two-bedroom homes being offered for sale.Thoughtfully designed for contemporary living, Newton Parkview features a welcoming lobby, elevator access, deeded parking, and an EV charging station. Each residence combines modern comfort with the convenience of new construction, while being ideally positioned to enjoy all that Nonantum has to offer—from local shops, restaurants, and cafés to parks, community gathering places, and neighborhood amenities.Affectionately known as “The Lake,” Nonantum is rich in local history and community tradition, with Coletti-Magni Park, its nostalgic village clock, and long-standing neighborhood events at the center of village life. Newton Parkview brings new residences to an established neighborhood where character, history, and modern convenience come together.Reserve your residence early to take advantage of pre-construction pricing and greater flexibility in selecting finishes. Construction is projected for completion in late fall 2026.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl null11 x 10
Dining Room
Lvl null8 x 10
Kitchen
Lvl null10 x 11
Primary Bedroom
Lvl null13 x 11
Bedroom 2
Lvl null13 x 12
Listing Agent: Cindy Laughrea
Listing Office: Engel & Volkers Wellesley
MLS® Number: 73576734