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367 Otis St Newton — Photo 1 of 32

367 Otis St Newton — Photo 1 of 32

$3,500,000

Investment Analysis — 367 Otis St

Newton, MA 02465 — West Newton Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 7-bedroom in 02465 carries an estimated $4,200/mo in gross rent — about a 0.18% cap rate and $6,307/yr in estimated NOI at the $3,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4.5

SqFt

6,888

Style

Single Family

Built

1891

A grand West Newton Hill Victorian where gracious period detail meets an exceptional layout for entertaining. This stately Victorian makes a memorable first impression with its distinctive roofline, broad covered front porch and exceptionally well-preserved architectural character. Inside, over 6,800 square feet unfold with gracious proportions and a natural flow. A handsome entry hall and sweeping wood staircase introduce rich millwork, hardwood floors, broad bay windows and several of the home's seven fireplaces. The formal living and dining rooms connect easily to the heart of the house: a spacious kitchen with an adjoining breakfast nook wrapped in windows.The home offers seven bedrooms and four-and-a-half baths, including a private au pair suite with its own separate entrance - ideal for guests or long-term visitors. Flexible rooms across the upper levels allow for offices, guest space or creative pursuits. The primary bedroom is especially spacious, with a fireplace, a curved wall of windows and an en suite bath. Outside, mature plantings frame the home, while lawn, stonework and garden areas create multiple settings for relaxing and entertaining. Unbeatable location near West Newton Square, shops, restaurants, movie theatre, schools, commuter rail & Mass Pike.

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 6,888 sq ft principal dwelling). Lot size: 15,489 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.

Property Details

Financials

Original Price$3,500,000
Annual Taxes$31,997

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms14
Fireplaces7
FlooringTile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Wood, Flooring - Stone/Ceramic Tile
BasementWalk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Oil, Natural Gas, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone, Brick/Mortar
ZoningSR2

Property & Lot

Acres0.36
SqFt Lot15,489
Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Water Heater • Dishwasher • Disposal • Trash Compactor • Microwave • Range • Refrigerator • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 5
Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Main,First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl Main,First

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Sconce, Lighting - Overhead, Crown Molding, Pocket Door, Window Seat

Dining Room
Lvl Main,First

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Wainscoting, Lighting - Overhead, Crown Molding, Pocket Door

Kitchen
Lvl Main,First

Skylight, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cable Hookup, Stainless Steel Appliances, Wainscoting, Gas Stove, Peninsula, Lighting - Sconce, Lighting - Pendant, Lighting - Overhead, Archway, Crown Molding

Family Room
Lvl Main,First

Flooring - Hardwood, Lighting - Sconce, Crown Molding

Primary Bedroom
Lvl Second

Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, Lighting - Sconce, Lighting - Pendant, Crown Molding

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Lighting - Sconce, Lighting - Overhead, Crown Molding

Bedroom 4
Lvl Second

Fireplace, Flooring - Hardwood, Lighting - Sconce, Crown Molding

Bedroom 5
Lvl Third

Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Main,First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead

Bathroom 3
Lvl Second

Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Ilene Solomon

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73582025