
420 Lowell Ave #1 Newton — Photo 1 of 2
$2,599,000
Investment Analysis — 420 Lowell Ave #1
Newton, MA 02460 — Newtonville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02460 carries an estimated $4,490/mo in gross rent — about a 0.38% cap rate and $9,761/yr in estimated NOI at the $2,599,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4.5
SqFt
4,045
Style
Single Family
Built
2026
PRIVATE ELEVATOR - Exciting opportunity to purchase one of two luxury new-construction townhomes while there is still time to make it your own. Currently under construction with anticipated completion in late spring/early summer 2027, these thoughtfully designed homes offer four finished levels of living space with a private elevator creating easy access to upper and lower floors. Early buyers may have the opportunity to select certain finishes, make upgrades and incorporate minor modifications while construction permits. The main level features an open-concept kitchen, dining and living area designed for both everyday living and entertaining. The kitchen will be appointed with premium SKS stainless steel appliances, while engineered flooring extends throughout the first, second and third floors. A first-floor bedroom suite with private bath, glass-enclosed shower and heated floor provides a wonderful option for guests, extended family or convenient first-floor living. Upstairs are three additional bedrooms, including a spacious primary suite with private bath with heated floors. Two additional bedrooms share a full bathroom, and a conveniently located laundry closet accommodates a full-size washer and dryer. The fully finished third floor offers flexible bonus space ideal for a home office, gym, media room or additional family room. The finished lower level adds even more versatility with another bedroom, full bath and game room, creating an excellent private space for guests or extended family. Each residence includes a private one-car garage, backyard and patio. Buyers who make an early decision will have the greatest opportunity to personalize select finishes and consider available upgrades before construction progresses further. A completed model from another project by the same development team is available to preview the quality and style of the planned finishes. A rare chance to purchase new construction early enough to add your own personal touches before completion.
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 4,045 sq ft principal dwelling). Lot size: 11,109 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
Electric Water Heater
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl ThirdPrimary Bedroom
Lvl SecondBedroom 2
Lvl FirstBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl BasementBathroom 1
Lvl FirstBathroom 2
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Lvl SecondProperty History
$2,599,000
Sep 23, 2026
MLS® 73581952
$2,599,000
Sep 23, 2026
MLS® 73581949
Listing Agent: Ward Shifman
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73581952