13 days on rocket

18-20 Payne Rd, Newton, MA, 02461

$1,199,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,002 SqFt
$599/SqFt
Multi
Schools Nearby

Location

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18-20 Payne Rd, Newton$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Garage2 spaces
Year Built1948
HeatingHot Water, Oil, Other
CoolingNone
BasementYes
WaterfrontBeach, Lake Front
MLS #73238369
Lot Size0.07 Acres
StatusActive

About 18-20 Payne Rd

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. Detached 2 car garage and ample parking. 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.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Living Area: 2,002 SqFt

Listing Office:

  • Office Name: Compass
  • Listing Agent: The Shahani Group

Interior Features

Interior Information:

  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer, Dishwasher
  • Basement: Yes
  • Flooring Type: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
  • Interior: Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Lake Front
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Oil, Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Newton South High School, Public District Grades 9-12
  • Oak Hill Middle School, Public District Grades 6-8
  • Bowen, Public District Grades KG-5

Other

Directions Information:

  • Directions: Boylston St; to Clark St; to Cloverdale Rd; to Cloverdale Rd; to Payne Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $599/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5

Tax Information:

  • Annual Amount: $8,145
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newton, MA.

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Newton, MA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$552

Avg. Days On Market

26

# of Sold Homes

66

18-20 Payne Rd vs Newton

13 DAYS ON ROCKET

-13 Days

$1,199,000

-$246.2K Less

$599/SqFt

+$46 More

KEY TAKEAWAY

This property is $246.2K less than the Median Sold Price and $46/SqFt more than other homes in Newton, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73238369

Listing Office:

  • Office Name: Compass
  • Listing Agent: The Shahani Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/29/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,145$757,000
2020$7,903$757,000
2019$7,393$707,500
2018$7,314$676,000
2017$6,897$620,200

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4167885
9
/10

  • Bowen

  • 280 Cypress St

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4167886
9
/10

  • Oak Hill Middle School

  • 130 Wheeler Rd

  • 0.73 miles

  • Public District Grades 6-8

High School

school-card-donut-4167887
8
/10

  • Newton South High School

  • 140 Brandeis Rd

  • 0.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $114,103. Most Newton, MA residents have annual incomes $200k+. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Newton›02461›18-20 Payne Rd

This home is located at 18-20 Payne Rd in Newton, MA and zip code 02461 in the Newton Highlands neighborhood. This 2,002 square foot home, which was built in 1948, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,199,000.

Newton, MA housing market in April 2024 saw over 31 listings sold above listed price, more than 4 sold at listed price and over 31 sold below. Between March 2024 and April 2024, Newton, MA real estate market has seen increase in the number of listings by 14.2%. Listings spent 26 days on the market in April 2024, and had a median list price of $1,445,200 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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