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409 Crafts Street Newton — Photo 1 of 38

409 Crafts Street Newton — Photo 1 of 38

$1,999,800

Investment Analysis — 409 Crafts Street

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 $22,047/yr in estimated NOI at the $1,999,800 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4

SqFt

4,072

Style

Single Family

Built

1952

Sophisticated contemporary Colonial in sought-after Newtonville, beautifully renovated in 2022 by a notable local builder and designed for effortless modern living. Spanning four finished levels, this inviting 5-bedroom, 4-bath home offers comfort and exceptional flexibility. The first floor features a chef's kitchen with custom cabinetry, Calacatta Marcella quartz counters, soaring-ceiling family room with dramatic fireplace, elegant coffered living and dining rooms, generous mudroom, and bedroom/office. Upstairs, three bedrooms include a luxurious Primary Suite, complemented by a full bath and convenient laundry. The finished third level offers a spacious bonus room, already pre-plumbed for a future bath, creating endless possibilities as a playroom, studio, office, or private guest retreat. The lower level extends the living space even further with a family/media/exercise room, bedroom, and full bath—ideal for guests, an au pair, or extended family. Across from Albemarle Field and Gath Pool, the home puts additional recreation and outdoor enjoyment just beyond your doorstep. Proximity to the Charles River Greenway provides easy access to scenic walking, jogging, and biking paths, seamlessly connecting you to nature. Newtonville’s shops, restaurants, and Commuter Rail are conveniently close, making this an exceptional place to enjoy all that the neighborhood and Boston have to offer.

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 4,072 sq ft principal dwelling). Lot size: 10,215 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$1,999,800
Annual Taxes$18,902.28

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms13
Fireplaces1
FlooringWood, Carpet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFinished, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR3

Property & Lot

Acres0.23
SqFt Lot10,215
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Basement
Bedroom 4
Living Room
Lvl First

17.25 x 11.416666666

Coffered Ceiling(s), Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

16.333333333 x 13

Coffered Ceiling(s), Flooring - Hardwood, Recessed Lighting, Wainscoting

Kitchen
Lvl First

16.333333333 x 13

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Office
Lvl First

11 x 13

Flooring - Hardwood, Recessed Lighting

Family Room
Lvl First

18.75 x 19.333333333

Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting, Wainscoting

Master Bedroom
Lvl Second

16.25 x 14.333333333

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

Bedroom 2
Lvl Second

13.333333333 x 11

Bedroom 3
Lvl Second

13.333333333 x 11.25

Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl Basement

10.166666666 x 19.666666666

Flooring - Wall to Wall Carpet, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Double Vanity

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub, Double Vanity

Listing Provided By

Listing Agent: Carol Vaghar

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73574333