65 Commonwealth Avenue Newton — Photo 1 of 40
$3,750,000
Investment Analysis — 65 Commonwealth Avenue
Newton, MA 02467
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02467 carries an estimated $5,380/mo in gross rent — about a 1.04% cap rate and $39,067/yr in estimated NOI at the $3,750,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
4,500
Style
Single Family
Built
2026
Presenting The Lennox Chestnut Hill at 65 Commonwealth Avenue, one of two new-construction, Scandinavian-inspired homes designed and built by Excelsior Development Partners with custom design and precise attention to detail. Four levels total approximately 4,500 SF, with a private elevator on every floor and an attached two-car garage. The open main floor features a chef's kitchen with natural quartzite countertops, custom Scavolini Italian cabinetry, a Gaggenau cooking suite, Thermador refrigeration, and a hidden pantry with quartz countertops, opening to a patio off the kitchen and dining and a fully fenced yard with substantial private outdoor space. Four bedrooms and four and a half baths include a primary suite with spa shower and heated floors, and each bedroom has its own custom built-out walk-in closet. A finished lower level with custom built-ins and a floating wine rack and a top-floor bonus room with fireplace add flexible space. Additional features include oak floors throughout, triple-pane European windows, integrated LED lighting, whole-home Control4 automation, and energy-efficient systems. Minutes from the Green Line, top Newton schools, and The Street at Chestnut Hill, with easy access to Boston.
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 4,500 sq ft principal dwelling). Lot size: 10,009 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.
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Listing Agent: Antonio Khoury
Listing Office: Compass
MLS® Number: 73573087
