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8 Manitoba Rd Newton — Photo 1 of 38

8 Manitoba Rd Newton — Photo 1 of 38

$2,399,000

Investment Analysis — 8 Manitoba Rd

Newton, MA 02468 — Waban

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02468 carries an estimated $4,860/mo in gross rent — about a 1.02% cap rate and $24,491/yr in estimated NOI at the $2,399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

4

SqFt

4,334

Style

Single Family

Built

1940

In the heart of Waban, this beautifully maintained, thoughtfully updated and expansive Colonial offers over 4,000 sq ft of versatile living space across four finished levels, plus an attached 2-car garage. Oriented east to west, the home enjoys an ideal abundance of natural light throughout the day. At its heart is an expanded chef’s kitchen featuring a large quartz island, generous cabinetry and workspace, stainless appliances, gas cooking with vented hood, wine refrigerator, two beverage drawers and stylish pendant lighting. The gracious main level is equally suited to everyday living and entertaining, with a spacious fireplaced living room featuring custom built-ins and crown molding, and an oversized dining room connected to the kitchen by French doors. New hardwood floors, a powder room, flexible sunroom opening to the fenced backyard and side yard, and a mudroom with direct garage access complete the first floor. Upstairs are 3-4 bedrooms, 2.5 baths, laundry and a large cedar closet. The sun-filled primary suite offers custom built-ins, multiple closets, a skylit dressing area and a spa-like bath with double vanity, soaking tub, steam shower and private water closet. A renovated secondary bath features a rain shower, hand wand and modern vanity. Two additional spacious bedrooms, an open office/reading area, plus a separately accessed bedroom/flex room with coveted 2nd floor laundry, ideal for guests, nanny, office or gym complete the level. The finished third floor offers two more bedrooms, an updated full bath and generous closets—ideal for extended family, guests or home offices. The bright renovated lower level features excellent ceiling height and white oak-style LVP flooring, creating terrific space for a playroom, media room, gym or recreation. Central heat and A/C serve all but the third floor, which has separate electric heat and wall A/Cs; electrical service is 200 amp. Beautifully landscaped grounds feature a fenced yard, landscape lighting, irrigation, garden area, patio, hard-plumbed gas grill, roof heating coils and all new fresh exterior paint. Great location near the green line T (D line) to the Longwood Medical area and downtown and easy access to Newton/Wellesley Mass General Brigham hospital as well as Angier Elementary, Waban shops, Windsor Club, and Cold Springs Park, plus much more. A home that can't be missed!

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 4,334 sq ft principal dwelling). Lot size: 11,349 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$2,399,000
Annual Taxes$19,832

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces2
FlooringWood, Carpet, Flooring - Wall to Wall Carpet
BasementPartially Finished, Bulkhead

Climate & Utilities

HeatingForced Air, Natural Gas, Electric
CoolingCentral Air, Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofSlate, Rubber
FoundationStone
ZoningSR2/MR

Property & Lot

Acres0.26
SqFt Lot11,349
Lot FeaturesCorner Lot, Level

Amenities & Appliances

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

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 5
Second
Master BedroomBedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchen
Unknown
Bathroom 1
Living Room
Lvl First

13 x 25

Flooring - Hardwood, French Doors, Recessed Lighting, Lighting - Sconce, Crown Molding

Dining Room
Lvl First

19 x 13

Flooring - Hardwood, French Doors, Recessed Lighting

Kitchen
Lvl First

23 x 21

Flooring - Hardwood, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Wet Bar, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant

Master Bedroom
Lvl Second

13 x 18

Bathroom - Full, Bathroom - Double Vanity/Sink, Skylight, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Dressing Room, Recessed Lighting, Closet - Double, Pocket Door

Bedroom 2
Lvl Second

13 x 13

Bedroom 3
Lvl Second

13 x 13

Flooring - Hardwood

Bedroom 4
Lvl Second

17 x 10

Bathroom - Half, Flooring - Wood

Bedroom 5
Lvl Third

17 x 14

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl null

13 x 15

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub & Shower, Closet - Linen, Hot Tub / Spa, Countertops - Stone/Granite/Solid, Dressing Room, Recessed Lighting, Closet - Double, Pocket Door

Listing Provided By

Listing Agent: The Margie And Jon Team

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73562923