1929 Commonwealth Ave Newton — Photo 1 of 29
$1,100,000
Investment Analysis — 1929 Commonwealth Ave
Newton, MA 02466 — Auburndale
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02466 carries an estimated $3,880/mo in gross rent — about a 2.44% cap rate and $26,878/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,658
Style
Single Family
Built
1929
Welcome to 1929 Commonwealth Avenue, this move-in ready and lovingly cared for 3 bedroom and 1.5 bath Colonial in coveted Newton! The heart of the home is where you find the well-appointed kitchen with timeless cherry wood cabinetry, stainless steel appliances including a gas range, granite counters and a breakfast bar that is open to the dining room. Off of the kitchen, the large deck overlooking the serene back yard is the perfect spot for enjoying your morning coffee or summer evening dinners. The gracious dining room opens to the kitchen and is ideal for hosting family and friends. After dinner, relax in the elegant living room with beautiful gum wood molding in front of the wood burning fireplace. An office nook and 1/2 bath complete this level. Head upstairs and you will find three nicely sized bedrooms and lovely full bath. The walk out lower level offers additional living space perfect for a family room, home gym or private office. This home is close to everything including renowned Newton Schools, The Auburndale Cove Park and Conservation Area, private schools, shopping including Star Market just a block away, Keyes Pharmacy, Starbucks and other restaurants in Auburndale Sq., the Mass Pike, Rt. 128, the commuter rail, Green Line, and Express bus to Boston. Don't miss the opportunity to own this gem!
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: 829 sq ft (the lesser of 900 sq ft or half the 1,658 sq ft principal dwelling). Lot size: 5,428 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21.583333333 x 9.916666666
Flooring - Hardwood, Lighting - Sconce, Crown Molding
Dining Room
Lvl First10.25 x 12.833333333
Flooring - Hardwood, Lighting - Overhead, Crown Molding
Kitchen
Lvl First11.333333333 x 16.083333333
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant
Family Room
Lvl Basement15.833333333 x 20.416666666
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting, Slider, Storage
Primary Bedroom
Lvl Second14 x 10
Ceiling Fan(s), Closet, Flooring - Hardwood, Balcony / Deck, Lighting - Overhead
Bedroom 2
Lvl Second13.416666666 x 10.166666666
Bedroom 3
Lvl Second10.083333333 x 10.333333333
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Listing Agent: Deanna Salemme
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73584729
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