CCertihomes
18-20 Payne Rd, Newton, MA 02461

$1,199,000

4 beds 2 baths 2,002 sqft Built 19484 days on marketActive

About this home

Attractive Brick Duplex multifamily in sought after Newton Highlands location with detached 2-Car Garage. Desirable side by side townhouse-style living. Each unit is well maintained and features a private entry, spacious living areas and a lovely sun-deck. Upstairs, you will find 2 large bedrooms and a full bath, while the lower level offers additional room to add more living space. Situated on a sunny lot within short distance to the green line MBTA, easy drive into Boston and Longwood Medical area, Newton Highlands amenities and Crystal Lake. These attractive duplexes offer ease of ownership, strong income potential and a good long term location. An exceptional find in Newton's coveted Highlands neighborhood. Good long term investment and easy to rent. Close proximity to route 9 provides easy access to major highways I-95, I-90.

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
$7,836/mo

Real estate (PITI + HOA + PMI)
$7,820
Principal + interest$5,438
Property tax + insurance$1,932
PMI / 2nd mortgage$450
Utilities
$500
Heating + cooling$88
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$7,836/mo TLC
Budget$8,336/mo
Remaining after TLC$500/mo
Purchase price
$1,199,000
Down payment
$59,950 (5%)
Loan amount
$1,139,050
APR
4%

Quick facts

Type
2 Family - 2 Units Up/Down
Style
Year built
1948
Lot size
0.07 ac
Stories
4
Heating
Hot Water, Oil, Individual
Cooling
None
Water
Public, Individual Meter
HOA
Annual tax
$9,362
MLS #
73238369
County
Middlesex

At a glance

Basement
Dishwasher

Home features

Appliances
RangeDisposalMicrowaveRefrigeratorWasherDryerDishwasher
Interior
StorageStone/Granite/Solid CountersUpgraded CabinetsBathroom With Tub & ShowerRemodeledLiving RoomDining RoomKitchen
Exterior
Rain Gutters
Community
Public TransportationShoppingParkWalk/Jog TrailsGolfMedical FacilityConservation AreaHighway AccessHouse of WorshipPublic SchoolT-StationUniversity
Parking
Paved Drive
Flooring
Tile, Vinyl, Hardwood, Stone/Ceramic Tile
Roof
Shingle
Sewer
Public Sewer

Lot features

Corner Lot

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.