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You are here:
Home Massachusetts Newton Apartments

Newton 3 beds 3 baths - $4,500

Available: 06-01-2024
16 Photos
$4,500/mo
3 Beds
3 Baths
Available: 06/01/2024
Newton, MA
86 Chapel St, Newton, MA 02458
Listing courtesy of Ed Lyon EcoBroker Group, Preservation Properties

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry

Property Description

Lots of possibilities in this Contemporary 3 bedroom, 3 bath Townhouse a quick walk to the shops and restaurants of the Village of Nonantum. This newer unit has Central A/C & plenty of cabinet & counter space in the eat-in-kitchen with room for portable island or good size table. Bright living room with hardwood floors throughout the unit. Washer & dryer included and plenty of usable space or just extra storage space in the basement. Garage and driveway parking. Nice little yard. An excellent home with a Walk Score of 84!

Price Comparison

This apartment is above the average price of $3,701 for 3 bedroom apartments in Newton. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Newton

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$163,636 - $216,000

You + 2 Roommates, Each:

$60,000 - $72,000
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$6,300

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Mid Range

25% of Gross Income

$4,500

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Low Range

15% of Gross Income

$2,700

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Have You Considered Buying
Your Own Home?

Instead of paying $4,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.