
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 12
Flooring - Hardwood, Window(s) - Picture
Dining Room
Lvl First13 x 9
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl First22 x 19
Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Vinyl, Dining Area, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl First18 x 11
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl First15 x 11
Bedroom 3
Lvl First11 x 11
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First10 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl First9 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: The Baker Team
Listing Office: Keller Williams Realty
MLS® Number: 73583755
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