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829 Chestnut Newton — Photo 1 of 36

829 Chestnut Newton — Photo 1 of 36

$1,849,000

Investment Analysis — 829 Chestnut

Newton, MA 02468 — Waban

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02468 carries an estimated $4,860/mo in gross rent — about a 1.48% cap rate and $27,349/yr in estimated NOI at the $1,849,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

4,424

Style

Single Family

Built

1910

Well-maintained center colonial home with a wonderful yard located in a prime Waban (Newton) neighborhood. Light-filled first floor with a Great Room and fireplace (gas), dining room, living room with fireplace (electric), study, and powder room. An updated eat-in kitchen completes the first floor. The primary bedroom on the second floor is expansive with an en-suite updated full bathroom. The second floor includes another full bathroom with two additional bedrooms. The third floor has ample ceiling height, a full bathroom and two additional bedrooms. There is central air conditioning throughout the home and a finished lower level with three bonus rooms, a sauna, full bathroom, and a laundry area with sink. The lower level provides easy access to the large backyard. The home is approximately .7 miles to the quaint Waban Village where you'll find the Waban Library, Waban shops, and the Green Line T stop (train) to the Longwood Medical Center and downtown Boston.

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 4,424 sq ft principal dwelling). Lot size: 15,000 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$1,849,000
Annual Taxes$16,974.4

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
Fireplaces2
FlooringWood, Tile, Flooring - Stone/Ceramic Tile, Flooring - Wood
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate
FoundationStone
ZoningSR2

Property & Lot

Acres0.34
SqFt Lot15,000
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4Bedroom 5Bathroom 3
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl First

13 x 17

Flooring - Wood

Dining Room
Lvl First

11 x 14

Flooring - Wood

Kitchen
Lvl First

20 x 18

Flooring - Wood, Countertops - Stone/Granite/Solid, Wine Chiller, Gas Stove

Family Room
Lvl First

19 x 19

Cathedral Ceiling(s), Flooring - Wood

Primary Bedroom
Lvl Second

13 x 16

Bathroom - 3/4, Walk-In Closet(s), Flooring - Marble, Double Vanity

Bedroom 2
Lvl Second

9 x 19

Bedroom 3
Lvl Second

11 x 11

Flooring - Wood

Bedroom 4
Lvl Third

13 x 19

Flooring - Wood

Bedroom 5
Lvl Third

11 x 16

Flooring - Wood

Bathroom 1
Lvl Second

8 x 17

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Marble, Countertops - Stone/Granite/Solid, Bidet, Double Vanity

Bathroom 2
Lvl Second

9 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded

Bathroom 3
Lvl Third

6 x 6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Lisa Keshet

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73577097