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153 Oliver Road Newton — Photo 1 of 32

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.

View Standard Listing

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

Original Price$1,800,000
Annual Taxes$15,130

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Hardwood
BasementFull, Walk-Out Access, Interior Entry, Garage Access, Sump Pump, Unfinished

Climate & Utilities

HeatingBaseboard, Steam, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningSR2

Property & Lot

Acres0.14
SqFt Lot6,068
Lot FeaturesLevel

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

Second
OfficePrimary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomFamily RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

24.416666666 x 11.666666666

Flooring - Hardwood, Wainscoting

Dining Room
Lvl First

13.583333333 x 11.666666666

Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding

Kitchen
Lvl Main,First

15.416666666 x 10.416666666

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Gas Stove, Lighting - Overhead

Office
Lvl Second

8.166666666 x 7.833333333

Flooring - Hardwood, Lighting - Overhead

Family Room
Lvl First

22 x 10.5

Flooring - Hardwood

Primary Bedroom
Lvl Second

24.166666666 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 Second

11.833333333 x 10.916666666

Bedroom 3
Lvl Second

11.833333333 x 10.333333333

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

5.833333333 x 4.166666666

Bathroom 2
Lvl Second

10.583333333 x 7.666666666

Bathroom 3
Lvl Second

7.666666666 x 5.166666666

Listing Provided By

Listing Agent: The Margie And Jon Team

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73581130