About this home
Wonderful opportunity in the VC2/BU2 Zoning district of Newtonville. With the change in zoning, VC2 projects are "By Right". This allows a developer or builder to bypass the special permitting process. There are many ways to build out this parcel. You have a choice of condominium style units which could allow up to 18 units @ 950 sf each. Alternatively, you could build 6 larger units, providing 1 car parking per unit. Your third option is something in-between. The seller's have a stamped plot plan, sign offs from the City of Newton Historical Commission and a sketch for how 6 units would layout on the lot. The property sits directly across from public transportion in Newtonville. Future buyers have the option of taking the commuter rail to the Fenway, Back Bay, or South Station. In addition, the express bus to Downtown Boston is also across the street. The area also offers easy access to Whole Foods, Stark Market, day spas, banks, fine & casual dining and a number of retail amenities.
Listing last checked: Listing updated:
Listed by Cynthia Lanciloti · Kraft Fine Homes · MLS #73513635
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building1 property facts
- Style
- Residential
Land & utilities5 property facts
- Lot size
- 0.16 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- BU2-VC2
Financial2 property facts
- Annual taxes
- $15,382
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,850,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,636 / monthAdjust
- Principal & interest
- $9,355
- Property tax
- $1,282
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $15,382. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Exp
$1,995,000 · Apr 8, 2025
More property insights
Automated value estimate $2,087,047
Estimated range $1,674,298–$2,499,797.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 727 Washington St
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