
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First13 x 25
Flooring - Hardwood, French Doors, Recessed Lighting, Lighting - Sconce, Crown Molding
Dining Room
Lvl First19 x 13
Flooring - Hardwood, French Doors, Recessed Lighting
Kitchen
Lvl First23 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 Second13 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 Second13 x 13
Bedroom 3
Lvl Second13 x 13
Flooring - Hardwood
Bedroom 4
Lvl Second17 x 10
Bathroom - Half, Flooring - Wood
Bedroom 5
Lvl Third17 x 14
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl null13 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 Agent: The Margie And Jon Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73562923

