16 Harrison St Newton — Photo 1 of 40
$1,995,000
Investment Analysis — 16 Harrison St
Newton, MA 02461 — Newton Highlands
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02461 carries an estimated $5,760/mo in gross rent — about a 1.85% cap rate and $36,859/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,733
Style
Single Family
Built
1892
Charming 1890 Victorian thoughtfully updated for modern living. The heart of the home features a renovated eat-in kitchen that opens to a welcoming, step-down family room with a fireplace and custom built-ins—perfect for everyday living and entertaining. From here, step out onto the deck overlooking a spacious, beautifully landscaped yard. A light-filled living room flows seamlessly into the dining room, featuring a decorative fireplace and French doors leading outside. Offering three full floors of living space, plus a playroom in the basement, this home combines historic character with contemporary comfort. Rarely does a property offer such a serene, park-like setting while being in an in-town location. Ideally situated just moments from all that Newton Highlands has to offer, including the Green Line, shops, restaurants, parks, playgrounds and highway access. Don't miss this gem!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,733 sq ft principal dwelling). Lot size: 18,245 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Wine Refrigerator
Neighborhood
Public Transportation • Shopping • Highway Access • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 14
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl First15 x 13
Flooring - Hardwood, French Doors, Recessed Lighting
Kitchen
Lvl First14 x 13
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Wine Chiller
Family Room
Lvl First15 x 14
Flooring - Hardwood, Exterior Access, Recessed Lighting, Slider
Master Bedroom
Lvl Second18 x 14
Flooring - Hardwood, Exterior Access, Recessed Lighting
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Second13 x 10
Flooring - Hardwood
Bedroom 4
Lvl Third15 x 13
Closet/Cabinets - Custom Built, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Gore Lietzke Group
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73509862
