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959 Chestnut Street Newton — Photo 1 of 42

959 Chestnut Street Newton — Photo 1 of 42

$3,995,000

Investment Analysis — 959 Chestnut Street

Newton, MA 02464

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02464 carries an estimated $4,730/mo in gross rent — about a 0.61% cap rate and $24,181/yr in estimated NOI at the $3,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

5,162

Style

Single Family

Built

2024

Created in 2024 by an accomplished developer as his personal residence, this extraordinary custom Colonial offers a rare combination of architectural elegance, uncompromising construction, sophisticated finishes, and an exceptional Newton location. Designed from the ground up with an emphasis on scale, permanence, and quality, the home is engineered with LVL structural beams throughout, allowing for expansive open concept living and ceiling heights on both the first and second floors. The result is an effortless sense of volume and light rarely achieved in a traditional colonial. Every element of the home reflects a level of craftmanship and attention to detail that goes well beyond typical new construction. Custom millwork and architectural molding throughout the residence creates a refined, timeless character, while wide-plank hardwood flooring across the main living levels adds warmth and continuity. The completely finished lower level provides an expansive additional living environment with engineered hardwood flooring and generous open space suitable for a home theatre, fitness area, recreation or guest accomodations. At the center of the home is a truly bespoke kitchen featuring imported Italian marble and premium Bertazzoni Italian appliances. Rich materials, sophisticated detailing, and generous proportions create a space equally suited to everyday family life, intimate dinners, and large-scale entertaining. Even the garage reflects the same attention to detail found throughout the residence. The finished garage features durable waterproof flooring and custom cabinetry, creating a clean, organized, highly functional space that goes well beyond the typical residential garage. The home is also EV-ready, with dedicated electrical infrastructure in place for convenient electric-vehicle charging—an intentional modern amenity designed for the future of luxury homeownership. For the commuter, the location is exceptionally convenient, with easy access to Routes 9, I-95 and I-90 and close proximity to the Mall at Chestnut Hill and premier shopping and dining, multiple golf courses, and a highly sought-after Newton school district. Don't miss out on this truly unique opportunity. Schedule your private showing today.

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 5,162 sq ft principal dwelling). Lot size: 10,314 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.

No longer available to tour

Property Details

Financials

Original Price--
Annual Taxes$18,957

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms9
Fireplaces1
FlooringMarble, Hardwood, Flooring - Hardwood, Flooring - Marble
BasementFull, Finished

Climate & Utilities

HeatingForced Air, Natural Gas, Hydro Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningMR1

Property & Lot

Acres0.24
SqFt Lot10,314
Lot Features--

Amenities & Appliances

Electric Water Heater • Tankless Water Heater • Range • Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Medical Facility • Highway Access • T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1
Basement
Family Room
Living Room
Lvl First

18.333333333 x 22.083333333

Flooring - Hardwood, Recessed Lighting, Wainscoting, Crown Molding

Dining Room
Lvl First

20.916666666 x 24.166666666

Flooring - Hardwood, Recessed Lighting, Wainscoting, Crown Molding

Kitchen
Lvl First

29.083333333 x 18.916666666

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Pot Filler Faucet, Wine Chiller, Lighting - Pendant, Crown Molding

Office
Lvl First

16.25 x 15.75

Flooring - Hardwood, French Doors, Recessed Lighting, Wainscoting, Crown Molding

Family Room
Lvl Basement

54.5 x 22.916666666

Recessed Lighting, Flooring - Engineered Hardwood

Primary Bedroom
Lvl Second

26.583333333 x 18.916666666

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Dressing Room, Recessed Lighting, Crown Molding

Bedroom 2
Lvl Second

12.5 x 13.25

Bedroom 3
Lvl Second

12.75 x 13.75

Closet, Flooring - Hardwood, Recessed Lighting, Crown Molding

Bedroom 4
Lvl Second

12.75 x 7.416666666

Closet, Flooring - Hardwood, Recessed Lighting, Crown Molding

Bathroom 1
Lvl First

9.166666666 x 5.583333333

Bathroom - Half, Flooring - Marble, Countertops - Stone/Granite/Solid, Recessed Lighting, Wainscoting, Crown Molding

Bathroom 2
Lvl Second

8.833333333 x 18.916666666

Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Marble, Countertops - Stone/Granite/Solid, Recessed Lighting, Crown Molding

Bathroom 3
Lvl Second

8.583333333 x 12.166666666

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Marble, Countertops - Stone/Granite/Solid, Recessed Lighting, Crown Molding

Property History

Expired
$10,000

Mar 3, 2026

MLS® 73459823

Listed
$10,000

Dec 4, 2025

MLS® 73459823

Listing Provided By

Listing Agent: Colombo Amara One Team

Listing Office: Realty ONE Group Suburban Lifestyle

MLS® Number: 73583995