Active
2 Days on market
420 Lowell Ave #1 Newton — Photo 1 of 2

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.

View Standard Listing

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

Original Price$2,599,000
Annual Taxes--

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Hardwood, Engineered Hardwood
BasementNone

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningResidentia

Property & Lot

Acres0.26
SqFt Lot11,109
Lot FeaturesEasements

Amenities & Appliances

Electric Water Heater

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Family Room
Second
Primary BedroomBedroom 3Bedroom 4Bathroom 3
First
Dining RoomKitchenBedroom 2Bathroom 1Bathroom 2
Basement
Bedroom 5
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl Third
Primary Bedroom
Lvl Second
Bedroom 2
Lvl First
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bedroom 5
Lvl Basement
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Bathroom 3
Lvl Second

Property History

Listed
$2,599,000

Sep 23, 2026

MLS® 73581952

Listed
$2,599,000

Sep 23, 2026

MLS® 73581949

Listing Provided By

Listing Agent: Ward Shifman

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73581952