89 Parker Avenue Newton — Photo 1 of 38
$3,248,000
Investment Analysis — 89 Parker Avenue
Newton, MA 02461
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02461 carries an estimated $5,760/mo in gross rent — about a 1.59% cap rate and $51,532/yr in estimated NOI at the $3,248,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
5,500
Style
Single Family
Built
2026
Stunning new construction Modern Tudor in Newton South offering 6 bedrooms, 5.5 baths, and a 2-car garage. This thoughtfully designed home blends timeless character with elevated luxury finishes throughout. The walnut kitchen anchors the open-concept layout and features a premium Thermador appliance package, while herringbone floors flow seamlessly across the main living spaces. The living room is highlighted by a striking curved fireplace and dramatic tray ceiling, creating a warm yet sophisticated focal point. A custom mudroom provides everyday function, complemented by a stylish powder room and exceptional attention to detail. Custom built-ins are beautifully integrated across multiple spaces. Upstairs, the primary suite is a true retreat with a curved tray ceiling, oak-paneled walls, and a spa-like bath with soaking tub and curbless shower. Ideally located near Newton Centre, Route 9 dining/shopping, and easy access to I-95.
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 5,500 sq ft principal dwelling). Lot size: 6,600 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
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: O & C Homes Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73577735
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