27 days on rocket

3-5 Payne Rd, Newton, MA, 02461

$1,150,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,002 SqFt
$574/SqFt
Multi
Schools Nearby

Location

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3-5 Payne Rd, Newton$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Garage2 spaces
Year Built1947
BasementYes
MLS #73220257
Lot Size0.18 Acres
StatusActive

About 3-5 Payne Rd

Welcome to Newton Highlands! Own one of these hard to find brick style duplex with 2 car garage. This townhouse style home has many updated features/utilities. Each unit has 2 bedrooms and a full bathroom with potential for 3rd bedroom. You can find granite countertops in both units with hardwood floor throughout. Semi-finished basement allows for extra living space. Plenty of off street parking in the large driveway along with street parking. The dining room opens up to the living room for an open layout feel. Each unit has its own separate entrances, exits, and basements with laundry. Conveniently located near Crystal Lake, Newton South High School, Wegmans, Shops, Restaurants, and highway access. Tenants are tenants at will and are currently paying under market rent. This turn-key home is perfect for investor or owner-occupancy. Lead compliance certificates for both units attached

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Living Area: 2,002 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Tile, Hardwood
  • Interior: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.18 Acres

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: Off Route 9 westbound

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $574/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5
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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

$549

Avg. Days On Market

38

# of Sold Homes

46

3-5 Payne Rd vs Newton

27 DAYS ON ROCKET

-11 Days

$1,150,000

-$300K Less

$574/SqFt

+$25 More

KEY TAKEAWAY

This property is $300K less than the Median Sold Price and $25/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: #73220257

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: 5/1/2024, 6:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Total Monthly Payment

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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-4302043
9
/10

  • Bowen

  • 280 Cypress St

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4302044
8
/10

  • Oak Hill Middle School

  • 130 Wheeler Rd

  • 0.73 miles

  • Public District Grades 6-8

High School

school-card-donut-4302045
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. The majority of Newton, MA residents have income $200k+ annually. Residents typically live in single, no kids family. 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›3-5 Payne Rd

This home is located at 3-5 Payne Rd in Newton, MA and zip code 02461 in the Newton Highlands neighborhood. This 2,002 square foot home, which was built in 1947, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $1,150,000.

Over 17 listings were sold over their listed price in March 2024 in Newton, MA. In the same period over 24 listings were sold below the listed price and 5 listings were sold for the listed price. Between February 2024 and March 2024, Newton, MA real estate market has seen increase in the number of listings by 24.1%. The median list price of listings available in March 2024 was $1,450,000, while the average time on the real estate market was 38 days.

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

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