44 Putnam Street Newton — Photo 1 of 42
$3,900,000
Investment Analysis — 44 Putnam Street
Newton, MA 02465 — West Newton Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02465 carries an estimated $4,200/mo in gross rent — about a 0.28% cap rate and $11,020/yr in estimated NOI at the $3,900,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
6,097
Style
Single Family
Built
1886
Meticulously restored/fully renovated/DELEADED Victorian set on a tree-lined street in coveted West Newton Hill offers the best of both worlds: infrastructure of new construction + incredible period detail! Since ‘22: basement renovated w/state-of-the-art mechanicals, 400amps, office, gym, full bath & endless storage; new roof, re-furbished exterior, weatherproofing; award-winning new baths, updated kitchen, stone retaining wall allowing for level yard, professionally landscaped grounds; new 2-car heated garage w/ EV & sunny office/gym above, & more! PLUS the splendor of exquisite original millwork, soaring ceilings, oversized fireplaces & expansive front porch common in the late 1800s. Great layout w/ double parlor living & family room flowing to large dining room, pantry & eat-in-kitchen with glass sliders to deck and yard. Spacious Primary features a spa-like bath w/ all the bells & whistles, custom walk-in closet & sitting area. Walk to Pierce School & West Newton Square, easy access to Pike, downtown & Cambridge.
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 6,097 sq ft principal dwelling). Lot size: 18,164 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
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14 x 22
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Sconce, Crown Molding, Pocket Door
Dining Room
Lvl Main,First17 x 13
Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Exterior Access, Wainscoting, Lighting - Pendant, Crown Molding, Pocket Door
Kitchen
Lvl Main,First25 x 20
Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead, Crown Molding
Office
Lvl null29 x 17
Closet - Walk-in, Flooring - Hardwood, Recessed Lighting
Family Room
Lvl Main,First14 x 17
Flooring - Hardwood, Lighting - Pendant, Crown Molding, Pocket Door
Master Bedroom
Lvl Second15 x 21
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Lighting - Pendant, Crown Molding
Bedroom 2
Lvl Second13 x 15
Bedroom 3
Lvl Second25 x 14
Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Pendant, Crown Molding
Bedroom 4
Lvl Third21 x 13
Closet, Flooring - Hardwood, Lighting - Pendant
Bedroom 5
Lvl Third18 x 11
Closet, Flooring - Hardwood, Lighting - Pendant
Bathroom 1
Lvl Second10 x 13
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Lighting - Sconce, Lighting - Overhead, Soaking Tub
Bathroom 2
Lvl Second12 x 10
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled, Lighting - Sconce, Soaking Tub
Bathroom 3
Lvl Second8 x 5
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled
Listing Agent: The Gillach Group
Listing Office: William Raveis R. E. & Home Services
MLS® Number: 73574819
