186 Highland Ave Newton — Photo 1 of 29
$2,599,000
Investment Analysis — 186 Highland Ave
Newton, MA 02465
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02465 carries an estimated $4,200/mo in gross rent — about a 0.38% cap rate and $9,754/yr in estimated NOI at the $2,599,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
6,085
Style
Single Family
Built
1876
This exceptional Queen Anne Victorian is nestled on over .6 acres in coveted West Newton Hill. Built in 1876, this stunning 5+ bedroom, 3.5-bath single-family home boasts over 6,085 sq. ft. of living space. Step onto the charming front porch and enter an impressive foyer with soaring 10-foot, 4-inch ceilings. Gather in the elegant library with custom built-ins and a fireplace or relax in the oversized living room with a beautiful bow window. Entertain in the formal dining room, complete with custom cabinetry and another fireplace, flowing into a spacious kitchen with fireplace, island, architectural details, and access to the patio and serene, wooded yard. The second floor boasts a generous primary suite with a sitting room and updated bath, flanked by 3 additional bedrooms, full bath, and laundry room. The versatile third floor offers a bedroom, sitting room, and full bath. With a newer roof (2023) and a secluded, wooded setting minutes from schools and commuter rail, this is a rare opportunity to restore a distinctive residence and make it your own.
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 6,085 sq ft principal dwelling). Lot size: 26,438 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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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Refrigerator • Washer • Dryer
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Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 21
Dining Room
Lvl First21 x 15
Kitchen
Lvl First14 x 39
Office
Lvl Third19 x 16
Family Room
Lvl First19 x 14
Master Bedroom
Lvl Second16 x 22
Bedroom 2
Lvl Second20 x 14
Bedroom 3
Lvl Second17 x 15
Bedroom 4
Lvl Second30 x 17
Bedroom 5
Lvl Third125 x 13
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: Jamie Genser
Listing Office: Coldwell Banker Realty - Brookline
MLS® Number: 73570741
