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71 Parker Ave Newton — Photo 1 of 39

71 Parker Ave Newton — Photo 1 of 39

$1,285,000

Investment Analysis — 71 Parker Ave

Newton, MA 02459 — Newton Center

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02459 carries an estimated $4,110/mo in gross rent — about a 1.94% cap rate and $24,945/yr in estimated NOI at the $1,285,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,965

Style

Single Family

Built

1952

This well-maintained ranch is ideally situated in a wonderful Newton neighborhood on a large, level 9,900 sq. ft. lot. Offering comfortable one-floor living and excellent potential for future expansion, the home features a spacious unfinished lower level with approximately 1,000 sq. ft. of additional space, ideal for a family room, playroom, gym, home theater, office, or other flexible uses. The main level features a kitchen that opens to a thoughtful addition with a vaulted ceiling, creating an inviting space for an eat-in kitchen or family room overlooking the large, fenced backyard. A spacious living room with fireplace, dining room with built-in hutch, sitting room/den, full bath, and three good-sized bedrooms provide a flexible and functional layout. The primary bedroom features a walk-in closet and en-suite bath. Bring your vision and make this wonderful home your own. Enjoy close proximity to top-rated Newton South High School, Chestnut Hill Mall, The Street’s popular restaurants and shops, and Route 9, with easy access to Boston and major highways. Some of the photos have been virtually staged.

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 1,965 sq ft principal dwelling). Lot size: 9,900 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.

Open Houses

Property Details

Financials

Original Price$1,285,000
Annual Taxes$12,538

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringCarpet, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR3

Property & Lot

Acres0.23
SqFt Lot9,900
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher

Neighborhood

Public Transportation • Shopping • Park • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

19 x 12

Flooring - Hardwood, Window(s) - Picture

Dining Room
Lvl First

13 x 9

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

22 x 19

Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Vinyl, Dining Area, Gas Stove, Lighting - Overhead

Primary Bedroom
Lvl First

18 x 11

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl First

15 x 11

Bedroom 3
Lvl First

11 x 11

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

10 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 2
Lvl First

9 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: The Baker Team

Listing Office: Keller Williams Realty

MLS® Number: 73583755