3-5 Payne Road

Newton, MA 02461

$1,150,000
Price
4
Beds
2
Baths
2,002 Sq. Ft.
$574 / Sq. Ft.
2,002
Sq. Ft.
$574
per Sq. Ft.

Description

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...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

Listing Agents

  1. Shal Shahani

    Shal Shahani

    Listing Agent

    Compass

  2. Shal Shahani

    Shal Shahani

    Alternative Listing Agent

    Compass

Property Details for 3-5 Payne Road

Town
Newton
Area
MA-Newton
Garage Spaces
2
Parking Spaces
5.00
Parking Spaces Total
7

Location

Add your commute
LISTING UPDATED: 04/24/2024 09:19 AM

Property Details for 3-5 Payne Road

StatusActive
MLS #73220257
Days on Market22
Taxes$10,353 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Side by Side
Year Built1947
CountyMiddlesex County

Location

Add your commute

Building Information for 3-5 Payne Road

Stories4Residences2Year Built1947Building Size-Lot Size0.18 AC / 7,814 SF

Payment Calculator

$7,139 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$863

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3-5 Payne Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Living Area: 2002.0
  • Color: BRICK
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer/Dryer
  • Basement Features: Partially Finished, Concrete Floor
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public, Dead End
Tax Information
  • Listing Terms: Contract
  • Tax ID: 694846
  • Assessments: $1,060,800
  • Book: 79454
  • Tax Year: 2024
  • Zoning: MR1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 2
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $57,600.00
  • Gross Scheduled Income: $.00
  • Insurance: $2,500.00
  • GRE: $5,500
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RME: $0
  • NOI: $56,700.00
  • Operating Expense: $5,500.00
  • WSE: $3,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 3-5 Payne Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3-5 Payne Road

This home is within Newton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mason-Rice Elementary School
PublicK to 5

Bowen Elementary School
PublicK to 5

Oak Hill Middle School
Public6 to 8

Newton South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3-5 Payne Road is a multi-family home for sale in Newton, MA 02461. This property was listed for sale on April 4, 2024 by Compass, it's currently listed at $1,150,000. It has been on the market for a total of 22 days and was last sold on December 30, 2021. This listing's school district is Newton School District. Nearby schools include Mason-Rice Elementary School, Bowen Elementary School and Oak Hill Middle School. 3-5 Payne Road is a 4-bed, 2-bath, 2,002 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.