Investment Analysis — 118 Oakdale Rd

Newton, MA 02461 — Newton Highlands

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02461 carries an estimated $5,760/mo in gross rent — about a 3.40% cap rate and $42,484/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,786

Style

Single Family

Built

1930

118 Oakdale Road. This inviting single-family home offers a versatile layout with 4 bedrooms and 3 full bathrooms, providing ample space for comfortable living, entertaining, and everyday life. Set on a desirable residential street in Newton, this home combines the appeal of a neighborhood setting with convenient access to the city's many amenities. Enjoy close proximity to Newton's highly regarded public schools, neighborhood parks, shopping, dining, and everyday conveniences. The surrounding area offers easy access to the vibrant areas of Newton Centre and Newton Highlands where you'll find a variety of restaurants, cafés, boutiques, grocery stores, and local services. Convenient transportation options and access to major routes further enhance the location. With its generous bedroom count, three full baths, and sought-after Newton location, this property presents an excellent opportunity to enjoy the space and convenience of a single-family home in a well-established community. Virtual Tour is Available.

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: 893 sq ft (the lesser of 900 sq ft or half the 1,786 sq ft principal dwelling). Lot size: 6,528 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.