421 Waverley Ave Newton — Photo 1 of 20
$3,150,000
Investment Analysis — 421 Waverley Ave
Newton, MA 02458
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02458 carries an estimated $4,140/mo in gross rent — about a 0.36% cap rate and $11,307/yr in estimated NOI at the $3,150,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
5,732
Style
Single Family
Built
1920
Timeless Tudor character meets modern living in this beautifully updated brick home on a magnificent corner lot in Newton’s coveted Ward School neighborhood. Over 5,700 SF across four finished levels, highlighted by an exceptional, flowing main-level entertainment space with exquisite millwork, coffered ceiling, marble fireplace and French doors to a private deck and landscaped grounds. Updated kitchen with newer appliances, renovated baths and modern amenities throughout. The 2nd floor offers 5 bedrooms, including a generous primary suite with 2 walk-in closets and spa-like bath. The expansive 3rd floor is an open, full-floor retreat with skylights, cedar closet and full bath. Walkout lower level offers 2 recreation rooms, fireplace, separate entrance and ample storage. Fenced yard with deck and patio, attached 2-car garage, two-stage HVAC and double boiler system. Minutes to Newton Centre, Boston and Cambridge.
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 5,732 sq ft principal dwelling). Lot size: 12,055 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 28
Coffered Ceiling(s), Flooring - Wood, Window(s) - Picture
Dining Room
Lvl First14 x 17
Flooring - Stone/Ceramic Tile, Lighting - Pendant
Kitchen
Lvl First25 x 14
Flooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Exterior Access, Remodeled, Stainless Steel Appliances
Family Room
Lvl Main,First18 x 21
Coffered Ceiling(s), Flooring - Wood, Balcony / Deck, Exterior Access
Master Bedroom
Lvl Second14 x 26
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Flooring - Wood
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl Second14 x 16
Bathroom - Full, Closet, Flooring - Wood
Bedroom 4
Lvl Second13 x 13
Bathroom - Full, Closet, Flooring - Wood
Bedroom 5
Lvl Second13 x 16
Bathroom - Full, Walk-In Closet(s), Flooring - Wood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Half
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall
Property History
$3,150,000
Sep 9, 2026
MLS® 73574445
$3,220,000
Nov 1, 2024
MLS® 73276690
$3,220,000
Aug 6, 2024
MLS® 73276690
Listing Agent: Allison Blank
Listing Office: Compass
MLS® Number: 73574445
