CCertihomes
246 Lake Ave, Newton, MA 02461

$1,749,000

6 beds 2 baths 3,100 sqft Built 18804 days on marketActive

About this home

Tucked on a tree-lined street a block from Crystal Lake this handsome two-family residence, set on an 14, 600 sqft lot, is near the “T”, and shops & restaurants of both Newton Highlands & Newton Centre. A front porch invites you into this home filled with architectural details, abundant light, oversized windows, & high ceilings. Each unit, well designed with flexible space, has 3 bedrooms, full bathroom, living room w/ fireplace, dining room w/ built-in china cabinet, & eat-in kitchen. The first floor unit offers access from the kitchen to the backyard & 2 car garage. The second floor unit offers access from the kitchen to a back porch overlooking the yard, 3 season porch, & walk-up attic with over 11’ ceiling at center. The lower level includes laundry separate systems, & storage. Improvements: 2023 & 2024 interior painted & bathrooms~tiles & tubs porcelain glazed, 2016 roof, replacement windows throughout. This property presents an excellent opportunity for investors & end-users alike

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$11,142/mo

Real estate (PITI + HOA + PMI)
$11,314
Principal + interest$7,932
Property tax + insurance$2,726
PMI / 2nd mortgage$656
Utilities
$536
Heating + cooling$106
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$11,142/mo TLC
Budget$11,642/mo
Remaining after TLC$500/mo
Purchase price
$1,749,000
Down payment
$87,450 (5%)
Loan amount
$1,661,550
APR
4%

Quick facts

Type
Multi Family
Style
Year built
1880
Lot size
0.34 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$12,470
MLS #
73238355
County
Middlesex

At a glance

Fireplace
Basement
Garage (2)

Home features

Exterior
Rain Gutters
Community
Public TransportationTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityBike PathConservation AreaHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversity
Parking
Paved DriveOff Street
Flooring
Hardwood
Roof
Shingle
Sewer
Public Sewer

Schools

Elementary
Mason Rice
Middle
Brown
High
Newton South

Neighborhood — 02461

MetricThis ZIPCountyUSA
Population9,3976,444,931299,088,112
Population Change Since19901.00%7.00%20.00%
Population Density6,248786
Male4,3313,127,134147,432,321
Female5,0663,317,797151,655,844
Never Married2,0631,612,88563,775,926
Married4,4762,586,314123,120,365
Separated290247,85712,639,686
Widowed412363,59415,467,586
Divorced523436,88823,075,029
Number Of House Hold3,5692,431,591111,826,380
Average House Hold Size2.532.562.60
Medial Age42.3137.2535.46
Median House Hold Income$109,533$57,698$48,276
Average House Hold Income$156,125$75,023$63,629
P C I$61,974$29,196$24,529
M D I$83,340$48,105$41,133
A T H E$98,633$57,083$50,898
S T R5.00%5.00%
W C J85.37%81.38%77.74%
(Zip) Code
2461

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/15/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.