
153 Oliver Road Newton — Photo 1 of 32
$1,800,000
Investment Analysis — 153 Oliver Road
Newton, MA 02468 — Waban
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02468 carries an estimated $4,390/mo in gross rent — about a 1.38% cap rate and $24,907/yr in estimated NOI at the $1,800,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,156
Style
Single Family
Built
1925
Waban! Beautifully sited on a tree-lined side street, this meticulously maintained, move-in-ready 8-room, 3-bedroom, 2.5-bath Colonial blends classic New England charm with thoughtful updates and an exceptional location. A timeless blue-gray exterior with crisp white trim, contrasting shutters, mature trees, and professionally curated gardens creates wonderful curb appeal. A spacious foyer welcomes you to a gracious front-to-back living room with gas fireplace, elegant dining room, inviting family room, and updated eat-in kitchen. Just beyond, a tranquil screened porch with vaulted ceiling and skylight overlooks the lush gardens and backyard—an idyllic setting for relaxing or entertaining. Upstairs are three bedrooms, a study area, and a versatile office or nursery adjoining the primary bedroom. The primary suite also features a walk-in closet and updated bath with a new tiled walk-in shower. The walk-out lower level offers direct access to the patio, backyard, and garage, plus laundry, generous storage, and workshop space. Numerous improvements include a new roof and boiler in 2024, freshly painted interior and exterior, and updates throughout. Enjoy an outstanding Waban location near Waban Square, Newton Highlands, and Upper Falls, Angier Elementary School, Cold Spring Park, Hemlock Gorge, and the Quinobequin Trail along the Charles River. Convenient to both Waban and Eliot Green Line D stations, Mass General Brigham Newton-Wellesley Hospital, Route 9, the Mass Pike, and Route 95. A wonderful combination of charm, condition, setting, and convenience in one of Newton’s most desirable villages.
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 2,156 sq ft principal dwelling). Lot size: 6,068 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 • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24.416666666 x 11.666666666
Flooring - Hardwood, Wainscoting
Dining Room
Lvl First13.583333333 x 11.666666666
Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First15.416666666 x 10.416666666
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Gas Stove, Lighting - Overhead
Office
Lvl Second8.166666666 x 7.833333333
Flooring - Hardwood, Lighting - Overhead
Family Room
Lvl First22 x 10.5
Flooring - Hardwood
Primary Bedroom
Lvl Second24.166666666 x 11.666666666
Bathroom - 3/4, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Closet - Double
Bedroom 2
Lvl Second11.833333333 x 10.916666666
Bedroom 3
Lvl Second11.833333333 x 10.333333333
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First5.833333333 x 4.166666666
Bathroom 2
Lvl Second10.583333333 x 7.666666666
Bathroom 3
Lvl Second7.666666666 x 5.166666666
Listing Agent: The Margie And Jon Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73581130