Active
18 Days on market
315 Crafts St Newton — Photo 1 of 33

315 Crafts St Newton — Photo 1 of 33

$2,799,000

Investment Analysis — 315 Crafts St

Newton, MA 02460 — Newtonville

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02460 carries an estimated $4,490/mo in gross rent — about a 1.10% cap rate and $30,797/yr in estimated NOI at the $2,799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

5.5

SqFt

5,036

Style

Single Family

Built

2026

Exquisite full Renovation steps to all that Newtonville has to offer. Featuring exceptional design, luxury finishes, and flexible living options. This stunning 5-bedroom, 5.5-bath residence boasts thoughtfully designed living spaces and en-suite bathrooms for every bedroom, providing the ultimate comfort and privacy. The sun-filled open floor plan is anchored by a spectacular chef's kitchen showcasing Taj Mahal quartzite countertops, Thermador appliances, custom cabinetry, and an oversized island perfect for gathering and entertaining and living room with amazing arched windows.  Elegant white oak flooring flows seamlessly throughout the entire home, enhancing the home's sophisticated aesthetic.  The expansive primary suite serves as a private retreat with a spa-inspired bath and generous walk-in closet. Multiple living and entertaining areas offer incredible flexibility for today's lifestyle, including space for a home office, gym, or guest accommodations. Step outside to a beautifully designed yard with ample room for outdoor enjoyment and your two-car garage. Plans and space are available for a future ADU (Accessory Dwelling Unit) as well as a swimming pool, presenting a rare opportunity for expansion and multigenerational living. Ideally located near Newtonville Village, commuter rail, shops, restaurants, parks, and top-rated schools, this exceptional property combines luxury, convenience, and future potential in one remarkable offering. Showings begin at Open House Thursday 8/27 from 11:30-1 and Saturday and Sunday from 12-1:30!

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 5,036 sq ft principal dwelling). Lot size: 11,929 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.

Open Houses

Property Details

Financials

Original Price$2,799,000
Annual Taxes$10,152

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile, Laminate, Flooring - Hardwood
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Heat Pump
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningSR3

Property & Lot

Acres0.27
SqFt Lot11,929
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4
Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1
Basement
Family RoomBedroom 5
Living Room
Lvl First

27 x 23

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Slider, Window Seat

Dining Room
Lvl First

17 x 12

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting, Window Seat

Kitchen
Lvl First

16 x 14

Flooring - Hardwood, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances

Office
Lvl First

10 x 8

Flooring - Hardwood, French Doors

Family Room
Lvl Basement

24 x 21

Bathroom - Full, Flooring - Vinyl, Cable Hookup, Open Floorplan, Recessed Lighting

Master Bedroom
Lvl Second

17 x 12

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting

Bedroom 2
Lvl Second

13 x 12

Bedroom 3
Lvl Second

12 x 12

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 4
Lvl Third

16 x 13

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 5
Lvl Basement

14 x 11

Bathroom - Full, Bathroom - Double Vanity/Sink, Closet, Flooring - Vinyl

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Mike Destefano

Listing Office: Coldwell Banker Realty - Waltham

MLS® Number: 73568103