8-10 Adams Terrace

Newton, MA 02458

$599,000
Last Sold Price
4
Beds
4
Baths
2,070 Sq. Ft.
$289 / Sq. Ft.
2,070
Sq. Ft.
$289
per Sq. Ft.

Description

Townhome style 2-family perfect for investment or for an owner-occupant looking for a tenant to cover most of the mortgage costs (Unit 10 is currently rented below market rate, so cap rate can only go up!) Situated on a private way, the 2 bedroom/2 full bath units have large eat-in kitchens, generously-sized family rooms and bedrooms, lots of storage in separated basements, and a backyard. A new roof was put on in 2009, new water heaters in 2012 and 2014, and was converted to gas heat. In addition,...Townhome style 2-family perfect for investment or for an owner-occupant looking for a tenant to cover most of the mortgage costs (Unit 10 is currently rented below market rate, so cap rate can only go up!) Situated on a private way, the 2 bedroom/2 full bath units have large eat-in kitchens, generously-sized family rooms and bedrooms, lots of storage in separated basements, and a backyard. A new roof was put on in 2009, new water heaters in 2012 and 2014, and was converted to gas heat. In addition, Unit 10 has a lead compliance certificate. Ideally situated close to public transportation, down the street from shops and restaurants, and just minutes to the Mass Pike. This property is a perfect place to start your own real estate empire. First showing at the Sunday open house.
  1. Listed by Beacon Group • Coldwell Banker Realty - Newton
  2. Listed by David Gordon • Coldwell Banker Realty - Newton
  3. Listed by Stephanie Ford • Coldwell Banker Realty - Newton

Property Details for 8-10 Adams Terrace

Town
Newton
Area
MA-Newton
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Beacon Group; Coldwell Banker Realty - Newton, David Gordon; Coldwell Banker Realty - Newton, Stephanie Ford

Sold By Coldwell Banker Realty - Newton, Beacon Group

Add your commute
LISTING UPDATED: 08/06/2022 06:12 AM

Property Details for 8-10 Adams Terrace

StatusSold
MLS #71845390
Days on Market14
Taxes$5,442 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1880
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Beacon Group; Coldwell Banker Realty - Newton, David Gordon; Coldwell Banker Realty - Newton, Stephanie Ford

Sold By Coldwell Banker Realty - Newton, Beacon Group

Add your commute

Building Information for 8-10 Adams Terrace

Stories6Residences2Year Built1880Building Size-Lot Size0.08 AC / 3,500 SF

Payment Calculator

$3,722 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$454

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8-10 Adams Terrace

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access
  • Current Financing: Conv. Fixed
  • Living Area: 2070.0
  • Color: white
  • Total Units: 2
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Lincoln-Eliot
  • High School: Newton North Hs
  • Middle School: Bigelow
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Gas Water Heater, Tankless Water Heater
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Varies Per Unit, Laminate
Exterior Features
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Individually Metered
  • Green Energy Efficient: Varies per Unit
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Disclosures: Expenses are for 2013. Unit 8 tenant at will. Unit 10 leased until 7/31/15.
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:14 B:014 L:0007,683898
  • Assessments: $468,700
  • Book: 42020
  • Tax Year: 2015
  • Zoning: BU2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $37,500.00
  • Insurance: $1,530.00
  • GRE: $4,459
  • MSE: $1,000
  • NOI: $33,040.00
  • Operating Expense: $4,459.00
  • WSE: $2,542.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $3,125.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 8-10 Adams Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8-10 Adams Terrace

Taxable ValueLand$573,700Additions$371,900Total$945,600
Tax Record2024$9,229 ($769 / month)
Home Facts
Baths3Total Finished SqFt2,070 SqFtAbove Grade Finished SqFt2,070 SqFtUnfinished Basement SqFt392 SqFtStories3Lot Size3,500 SqFtStyleDuplexYear Built1880ZoningBU2CountyMIDDLESEXAPNNEWT S:14 B:014 L:0007

Schools near 8-10 Adams Terrace

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

Bigelow Middle School
Public6 to 8

Newton North High School
Public9 to 12

Jackson School
PrivateK to 6

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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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.

Listing Courtesy of Coldwell Banker Realty - Newton, Beacon Group; Coldwell Banker Realty - Newton, David Gordon; Coldwell Banker Realty - Newton, Stephanie Ford

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.