
409 Crafts Street Newton — Photo 1 of 38
$1,999,800
Investment Analysis — 409 Crafts Street
Newton, MA 02460 — Newtonville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02460 carries an estimated $4,490/mo in gross rent — about a 1.10% cap rate and $22,047/yr in estimated NOI at the $1,999,800 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4
SqFt
4,072
Style
Single Family
Built
1952
Sophisticated contemporary Colonial in sought-after Newtonville, beautifully renovated in 2022 by a notable local builder and designed for effortless modern living. Spanning four finished levels, this inviting 5-bedroom, 4-bath home offers comfort and exceptional flexibility. The first floor features a chef's kitchen with custom cabinetry, Calacatta Marcella quartz counters, soaring-ceiling family room with dramatic fireplace, elegant coffered living and dining rooms, generous mudroom, and bedroom/office. Upstairs, three bedrooms include a luxurious Primary Suite, complemented by a full bath and convenient laundry. The finished third level offers a spacious bonus room, already pre-plumbed for a future bath, creating endless possibilities as a playroom, studio, office, or private guest retreat. The lower level extends the living space even further with a family/media/exercise room, bedroom, and full bath—ideal for guests, an au pair, or extended family. Across from Albemarle Field and Gath Pool, the home puts additional recreation and outdoor enjoyment just beyond your doorstep. Proximity to the Charles River Greenway provides easy access to scenic walking, jogging, and biking paths, seamlessly connecting you to nature. Newtonville’s shops, restaurants, and Commuter Rail are conveniently close, making this an exceptional place to enjoy all that the neighborhood and Boston have to offer.
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 4,072 sq ft principal dwelling). Lot size: 10,215 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 • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.25 x 11.416666666
Coffered Ceiling(s), Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First16.333333333 x 13
Coffered Ceiling(s), Flooring - Hardwood, Recessed Lighting, Wainscoting
Kitchen
Lvl First16.333333333 x 13
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl First11 x 13
Flooring - Hardwood, Recessed Lighting
Family Room
Lvl First18.75 x 19.333333333
Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting, Wainscoting
Master Bedroom
Lvl Second16.25 x 14.333333333
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second13.333333333 x 11
Bedroom 3
Lvl Second13.333333333 x 11.25
Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl Basement10.166666666 x 19.666666666
Flooring - Wall to Wall Carpet, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Double Vanity
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub, Double Vanity
Listing Agent: Carol Vaghar
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73574333

