188 Heath St Brookline — Photo 1 of 41
Recent Drop: $804,000
$8,995,000
Investment Analysis — 188 Heath St
Brookline, MA 02467 — Chestnut Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02467 carries an estimated $5,380/mo in gross rent — about a -0.35% cap rate and $-31,477/yr in estimated NOI at the $8,995,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6.5
SqFt
7,232
Style
Single Family
Built
1890
Exquisite in every detail, this magnificent brick Georgian boasts modern style design, suitable for grand scale entertaining & comfortable family living. A large, elegant foyer w/sweeping staircase & venetian plaster walls, opens to an elegant living room w/fireplace. A sunroom, just off the foyer, offers spectacular views of the level, acre+ lot w/ frontage on Cramond Street. There is a majestic dining room w/acoustic padded walls & a handsome family room w/custom cabinetry. The fully renovated chef’s kitchen features a center island, butler’s pantry & dining nook—truly exceptional w/top-grade appliances. The 2nd level has a luxurious primary suite w/fireplace & spa-like bath. There are 3 additional bedrooms, 3 full baths, an office & a laundry room on this level. The 3rd floor offers 2 additional bedrooms & a full bath. The lower level has a large media room, gym room, full bath, 2nd laundry room, mudroom & access to the 2-car garage. Easy access to highways, schools & airport.
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 7,232 sq ft principal dwelling). Lot size: 51,479 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
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Crown Molding
Dining Room
Lvl FirstFlooring - Hardwood, Wainscoting, Crown Molding
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Second Dishwasher, Stainless Steel Appliances, Wine Chiller, Gas Stove, Crown Molding
Office
Lvl SecondCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Wainscoting, Crown Molding
Family Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Chair Rail, Recessed Lighting, Crown Molding
Primary Bedroom
Lvl SecondBathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dressing Room, Crown Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - Full, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondBathroom - Full, Closet, Flooring - Wall to Wall Carpet
Bedroom 5
Lvl ThirdCloset, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Crown Molding
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Marble, Crown Molding, Soaking Tub
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Property History
$8,995,000
Was $9,799,000
May 18, 2026
MLS® 73479457
$9,799,000
Feb 23, 2026
MLS® 73479457
Listing Agent: The Kennedy Lynch Team
Listing Office: Hammond Residential Real Estate
MLS® Number: 73479457
