NOT LISTED FOR SALE

29 Fayette St Unit 31 Newton, MA 02458

Nonantum Neighborhood
4 Beds
4 Baths
4,494 Sq Ft
4,401 Sq Ft Lot

Last Sold May 20, 2023

Last sale price $1,650,000 $367 Per Sq Ft

28 Days on Market

Highlights

  • Medical Services
  • Landscaped Professionally
  • Wood Flooring
  • Lincoln-Eliot Elementary School Rated A
  • Property is near public transit
  • Corner Lot

About This Home

As of May 2023

Wonderful investment opportunity! Check out this “turn-key” FOUR-FAMILY home, located in Newton Corner. All four units have been updated throughout, offering: newer kitchens with granite countertops & shaker styled cabinetry, bathrooms, newer cosmetics such as paint/wood flooring, & forced air heating/cooling system(s) operated by gas. Four total gas meters & electricity meters in the property. One water meter & separate hot water tanks. The units are all large one bedroom apartments & mirrored floor plans to one another- two units are located on the first floor and two units are offered on the second floor. Coin-operated laundry can be found in the unfinished basement with additional laundry hook ups. The basement has multiple access points & offers great ceiling height with the potential of finishing, if desired! There are three lease(s) in place and one unit that is month to month. In close proximity to public transportation, public schools, walking trails, highway access, & more!

Last Listed By

Leah & Maureen Realty Group

RE/MAX Preferred Properties Listed on: 03/02/2023

RE/MAX Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,490

Year Built

  • Built in 1910

Lot Details

  • 4,401 Sq Ft Lot
  • Landscaped Professionally
  • Corner Lot

Home Design

  • 4,494 Sq Ft Home
  • Quadruplex
  • Stone Foundation
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lincoln Eliot Elementary School
  • Bigelow Middle School
  • Newton North High School

Utilities

  • Forced Air Heating and Cooling System
  • 4 Cooling Zones
  • 4 Heating Zones
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,000
  • Assessor Parcel Number 682268

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,490

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room, Washer & Dryer Hookup
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 4494
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4103
  • LIST PRICE PER Sq Ft: 400.53
  • PRICE PER Sq Ft: 367.16
  • MAIN SO: AN4103

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Assigned, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 682268
  • Zoning: MR2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4401
  • Lot Size Units: Acres
  • PAGE: 332
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11490
  • Tax Book Number: 70807

Multi Family

  • Gross Income: 72000
  • Net Operating Income: 72000
  • Number Of Units Total: 4
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 4
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Newton North
  • Elementary School: Lincoln Eliot
  • Middle Or Junior School: Bigelow

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2023 05/20/23 Sold $1,650,000 -8.3% $367 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $1,800,000 +65.9% $401 / Sq Ft
03/30/2018 03/30/18 Sold $1,085,000 -0.9% $374 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
12/30/2017 12/30/17 For Sale $1,095,000 -- $378 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73083618

MLS Property Information Network (MLS PIN)

APN: NEWT S:11 B:020 L:0010