Active
1 Days on market
51 Pettee #34 Newton — Photo 1 of 27

51 Pettee #34 Newton — Photo 1 of 27

$419,000

Investment Analysis — 51 Pettee #34

Newton, MA 02464 — Newton Upper Falls

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02464 carries an estimated $3,010/mo in gross rent — about a 3.99% cap rate and $16,702/yr in estimated NOI at the $419,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

762

Style

Condominium

Built

1984

Dramatic, sun-drenched, and utterly distinctive, this wonderful one-bedroom residence offers a rare blend of architectural character and modern comfort. Set within a beautifully converted historic schoolhouse, this home immediately captivates with soaring ceilings and oversized west-facing double-hung windows that fill the space with glorious afternoon light and stunning sunsets throughout the year. The dramatic ceiling heights create an extraordinary sense of volume and elegance, and the gleaming hardwood floors add warmth and timeless appeal. The well proportioned layout features a bright living space with three oversized double hung windows and a thoughtfully designed kitchen that strikes the perfect balance of comfort and functionality. The large bedroom with two oversized double hung windows offers the ultimate in convenience with direct access to the bathroom from the bedroom, as well as a second entrance from the living room hallway, providing both privacy and easy accessibility for guests. An in-unit washer and dryer (side by side), building elevator, extra storage and your designated parking space, with an abundance of guest parking, adding convenience for both residents and their guests......With its exceptional natural light, wonderful scale, historic character and sophisticated simplicity, this is a home that feels grand and intimate at the same time....Landscaped grounds, restaurants and cafes, as well as Route 9, I-95 and the Elliot Green Line T, make this home a must see.....

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$419,000
Annual Taxes$3,903.01
HOA Fee$570.49

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate
Foundation--
ZoningMR2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster Bedroom
Living Room
Lvl First

18.9 x 1.6

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting

Kitchen
Lvl First

11.4 x 9.9

Flooring - Hardwood, Lighting - Overhead

Master Bedroom
Lvl First

12.7 x 13.2

Bathroom - Full, Cathedral Ceiling(s), Closet, Flooring - Wall to Wall Carpet

Listing Provided By

Listing Agent: Alan Ginsberg

Listing Office: Donalan Group Realty, Inc.

MLS® Number: 73575791