
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & 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
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Sconce, Lighting - Overhead, Crown Molding, Pocket Door, Window Seat
Dining Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Wainscoting, Lighting - Overhead, Crown Molding, Pocket Door
Kitchen
Lvl Main,FirstSkylight, 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,FirstFlooring - Hardwood, Lighting - Sconce, Crown Molding
Primary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Hardwood, Cable Hookup, Lighting - Sconce, Lighting - Pendant, Crown Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Lighting - Sconce, Lighting - Overhead, Crown Molding
Bedroom 4
Lvl SecondFireplace, Flooring - Hardwood, Lighting - Sconce, Crown Molding
Bedroom 5
Lvl ThirdWalk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 2
Lvl SecondBathroom - 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 SecondBathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: Ilene Solomon
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73582025
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