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40 Cypress StreetNewton, MA 02459Price: $4,250,000

  • Price: $4,250,000
  • Est. Mortgage of $/month
  • 10 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,250,000List Price
  • 0.4Acreage

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40 Cypress Street Newton MA 02459
40 Cypress Street Newton MA 02459
40 Cypress Street Newton MA 02459
40 Cypress Street Newton MA 02459

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Rare development opportunity at 40 Cypress Street in Newton. This 17,000± sq. ft. lot has been subdivided through an approved ANR plan, creating two development parcels. One parcel is approved for two buildings containing six total units, while the second parcel is approved for one four-unit building, for a total of 10 units under Newton's MRT zoning. Approvals and plans currently in hand include the ANR plan filed with the Registry of Deeds, an approved MRT project through the DRT team with the order filed at the Registry, filed engineering plans, interior demolition permit, fire and sprinkler plans, and tree permit. Structural plans and building permits are expected to be delivered by closing. A significant opportunity to acquire a well-advanced Newton development project with substantial approvals already completed.

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Listed by O & C Homes Team of William Raveis R.E. & Home Services

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