$1,380,000
SOLD JUL 7, 2025
5 Beds
3 Baths
2,948 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$468 Per Sq Ft

1% Below List Price

15 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Living Room
  • Cabot Elementary School Rated A
  • Sun or Florida Room
  • Dining Room

About This Home

As of July 2025

Outstanding investment opportunity in a very convenient Newton location! This updated 2-family features two 2 bedroom-1 bath apartments + an in-law apartment in the attic. Both units feature classic layouts with a spacious living room, formal dining room, & a large kitchen. The attic has 1 bedroom, a good sized living room, and a kitchen+full bath. The property has separately metered gas boilers that were installed in 2010, 2 100 amp electrical panels, 2 water meters, and 2 separate driveways. The apartments also features private outdoor space, bonus rooms, fireplaces, and a shared backyard. The location is unbeatable since you're walking distance to Cabot Elementary, Newton North, the Commuter Rail, and all the shops, restaurants, & parks that Newtonville has to offer. This location is a commuter's dream with easy access to the Mass Pike, Storrow Drive, and public transportation. Whether you're an investor, an owner occupant, or a developer - 278 Cabot Street is a must see!

Last Agent to Sell the Property

Jackson Wells

Harvard Real Estate Listed on: 06/05/2025

Co-Listed By

Geoffrey Wells

Harvard Real Estate

Last Buyer's Agent

Betsy Davidow

Centre Realty Group

Centre Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,975

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot

Interior Spaces

  • 2,948 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Schools

  • Cabot Elementary School
  • Bigelow/Day Middle School
  • Newton North High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 100 Amp Service

Community Details

  • 2 Units
  • Net Operating Income $103,200

Listing and Financial Details

  • Total Actual Rent $8,600
  • Assessor Parcel Number 685459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,975

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Living Room, Dining Room, Kitchen, Sunroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Microwave
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Above Grade Finished Sq Ft: 2948
  • Living Area: 2948
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB9983
  • LIST PRICE PER Sq Ft: 473.2
  • PRICE PER Sq Ft: 468.11
  • MAIN SO: BB5200

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Natural Gas
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 685459
  • Zoning: MR1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 336

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11975
  • Tax Book Number: 20986

Multi Family

  • Gross Income: 103200
  • Net Operating Income: 103200
  • Number Of Units Total: 2
  • Total Actual Rent: 8600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Newton North
  • Elementary School: Cabot
  • Middle Or Junior School: Bigelow/Day

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jul 3, 2025
Sold by
Michaelson Jeffrey M
Bought by
Mirstein Homes Llc
Seller's Agent
Jackson Wells
Harvard Real Estate
Buyer's Agent
Betsy Davidow
Centre Realty Group
List Price
$1,395,000
Sold Price
$1,380,000
Premium/Discount to List
-$15,000
-1.08%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Jan 31, 1991
Sold by
Eldridge Frank E and Eldridge Marjorie E
Bought by
Michaelson Jeffrey H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,380,000 --
Deed $244,800 --
Deed $244,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,000 No Value Available
Previous Owner $15,000 No Value Available
Previous Owner $182,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $1,380,000 -1.1% $468 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $1,395,000 -- $473 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,975 $1,221,900 $828,600 $393,300
2024 $11,578 $1,186,300 $804,500 $381,800
2023 $11,089 $1,089,300 $642,100 $447,200
2022 $10,610 $1,008,600 $594,500 $414,100
2021 $5,582 $925,300 $545,400 $379,900
2020 $9,660 $925,300 $545,400 $379,900
2019 $5,196 $864,800 $509,700 $355,100
2018 $8,903 $822,800 $480,000 $342,800
2017 $8,394 $754,900 $440,400 $314,500
2016 $7,867 $691,300 $404,000 $287,300
2015 $7,501 $646,100 $377,600 $268,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73386620

MLS Property Information Network (MLS PIN)

APN: NEWT-000022-000020-000020